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Old 06-01-2021, 01:51 AM
Canberra Canberra is offline
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Quote:
Originally Posted by michaeljordan321 View Post
Yes, first property purchase. Bank gave me up to 2.7m loan. But my yearly income only 360k. And I thought the max I should go for should be around 1.8m for a property?
It's possible for you to save till 60% and assume another 40% mortgage in order to lower the risk of unforeseen circumstances. Hope it helps!
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