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FMT NEWS - Lifestyle·2020-10-10 08:00
It is wise to carefully consider all options for mortgage insurance. (Pixabay pic)
A 30-year-old buys an investment property for RM500,000 with a 35-year mortgage of RM450,000, at an interest rate of 3% per annum. The individual plans to hold onto the property for 10 years and then sell it to realise the capital gains.
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