Quote:
Originally Posted by Unregistered
Wife, 48, $6k pm. I'm 42, $4k pm. Total, $10k pm.
Our flat is paid up, now worth $500k. Plan to upgrade to a condo costing $1m.
We will take a loan of only $500k. Will use the sale proceeds of flat to pay for downpayment of $500k.
|
Based on some posting here, need at least 400k to consider condo.