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Anonymous

27 Jan 2022

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Is it wise to take a personal loan to afford downpayment?

Im looking to buy a property but my savings have not quite reached a sufficient point. However, I'm very comfortable with paying a higher mortgage. Any advice on how to afford downpayment + stamp duties - maybe short of 80k.

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1M45

Edited 27 Jan 2022

Condo? Then your monthly instalment how? Can be easily ~$4k per month, can u afford that + paying back your personal loan.

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