Welcome Guest Login or Signup LANGUAGE:
Blog
Forum
Marketplace
FORUM
New Posts | My Topics | Profile Forum | User Settings | Subscriptions
Post Reply
Considerations for taking up a Mortgage Plan
Total Views: 182 - Total Replies: 3
Mar 29 2008, 6:37 am - By liowkc


Some considerations may be:

the length of time you plan to stay

how much can you afford on a monthly house payment

do you prefer the stability of a fixed rate mortgage or the flexibility of adjustable rate schedule.


Mar 30 2008, 5:42 am - Replied by: sanju123


Another consideration is the prepayment facility and adjusting the EMI according to the need of the customer from time to time.
Mar 30 2008, 11:30 am - Replied by: cassiem0221


I'm still new to the mortgage game. Looking into our options. I must admit there are so many things that affect this that it just totally confuses us right now. tips are welcome! ;0
Mar 31 2008, 3:27 am - Replied by: liowkc


One quick and diry way is have a checklist of things and factors that you have to consider when taking up the plan - the checklist can be updated and modified as you go along.  The checklist approach can also be used when buying a property,

Good luck!

Post Reply

© 2008 Leading Real Estate