After that, he told me that he just bought a house of RM 550 K nearby cheras area.
How much is his salary???
RM 5k to 6k.
Why he dare to take the risk???
10 % - RM 55k
Bank Loan about RM 500k
Based on the home loan calculation:
Walau wei sipeh crazyyyyyyyyyyy
Almost half of his take home salary.