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My First Home Scheme - is it good or bad?

 
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malasegaran84



Joined: 19 Oct 2011
Posts: 18
Location: Kuala Lumpur

PostPosted: Fri Jan 20, 2012 3:44 pm    Post subject: My First Home Scheme - is it good or bad? Reply with quote

I've just done some simple calculation on the MFH scheme offers for a person earning RM 3k & below. After deducting RM1,200 for home loan, RM500 for car, RM108 for PTPTN, you will only left with RM806 to cope with basic daily expenses like food, internet, fuel, utilities, H/P & etc. Can you really afford to buy a house with this scheme?


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