|
|
|
|
Entry Cost
Calculator |
|
|
|
|
|
How much should I pay for the fees when I buy a property?
Purchase price and expenses to get the property ready to rent. If inherited
property it is the fair market value of the property at the time of decedents
death plus expense to make available to rent. Want to know how much you need to
prepare when you purchase a new home?
Use this calculator to calculate all legal fees pertaining to loan agreement
including scheduled legal fees, stamp duties, caveat, and legal disbursement
fees. |
|
| Your Property Price (RM)
|
: |
|
| Your Preferred Margin Of Finance
|
: |
%
|
|
|
|
|
Part 1 & 2) Sales & Purchase Agreement (S&P) &
Memorandum of Transfer (MOT)
S&P is a written contract signed between the buyer and seller stating
amongst others, the terms and conditions under which a property will be sold.
MOT is payable upon transfer of title from vendor / developer to purchaser. |
| Tiered Rate |
Purchase Price
(RM) |
Payable Amount
(RM) |
| First 150,000 |
@ |
1.0% |
150,000 |
1,500.00 |
| Next 850,000 |
@ |
0.7% |
150,000 |
1,050.00 |
| Next 2,000,000 |
@ |
0.6% |
0 |
0.00 |
| Next 2,000,000
|
@ |
0.5% |
0 |
0.00 |
| Next 2,500,000 |
@ |
0.4% |
0 |
0.00 |
| Exceed 7,500,000 |
@ |
0.3% |
0 |
0.00 |
| |
|
|
Legal Fee |
2,550.00 |
|
|
|
5% Service Tax |
127.50 |
| |
|
|
Est. Disbursement Fees |
1,000.00 |
| Tiered Rate |
Purchase Price
(RM) |
Payable Amount
(RM) |
| First 100,000 |
@ |
1.0% |
100,000 |
1,000.00 |
| Next 400,000 |
@ |
2.0% |
200,000 |
4,000.00 |
| Exceed 500,000 |
@ |
3.0% |
0 |
0.00 |
| |
|
|
Stamp Duty |
5,000.00 |
|
|
|
Total Payable |
8,677.50 |
|
|
Part 3) Loan Facility Agreement &
Execution of Loan Document
A loan facility agreement is a contract entered into between which
regulates the terms of a loan. |
| Tiered Rate
|
Mortgage Amount
(RM) |
Payable Amount
(RM) |
| First 150,000 |
@ |
1.0% |
150,000 |
1,500.00 |
| Next 850,000 |
@ |
0.7% |
120,000 |
840.00 |
| Next 2,000,000 |
@ |
0.6% |
0 |
0.00 |
| Next 2,000,000
|
@ |
0.5% |
0 |
0.00 |
| Next 2,500,000 |
@ |
0.4% |
0 |
0.00 |
| Exceed 7,500,000 |
@ |
0.3% |
0 |
0.00 |
| |
|
|
Legal Fee |
2,340.00 |
|
|
|
5% Service Tax |
117.00 |
| |
|
|
Est. Disbursement Fees |
1,000.00 |
| Tiered Rate |
Mortgage Amount
(RM) |
Payable Amount
(RM) |
| Total Loan Facility Amount |
@ |
0.5% |
270,000.00 |
1,350.00 |
| |
|
|
Stamp Duty |
1,350.00 |
|
|
|
Total Payable |
4,807.00 |
|
| Next:
See Home Loans with Zero Entry Cost |
|
|
|
|
|
|
|
Disclaimer:
Money3.com.my has
compiled this website as a guide only. All views and opinions herein are
Money3's and are not official statements from the various Banks and should not
be read as representation made by the banks or financial instituition.
Money3.com.my
does not guarantee the accuracy or completeness of any information
contained on this website. Please check rates, charges and conditions with the
bank or financial instituition before borrowing. The bank or financial
instituition reserved the right to adjust the interest rate accordingly, and is
subjected to the bank or financial instituition's approval. An actual interest
rate and loan terms cannot be determined until an actual application has been
submitted and approved for a loan.
Money3.com.my does
not accept any liability for any investment decisions made on the basic of this
information.
Money3.com.my
urges you to obtain professional advice before proceeding with any
investment.
The results shown in the various calculation are estimates for comparison and
illustration purposes only, and are based on information that you have entered
and rates published by respective bank or financial instituition on websites,
pamphlets, literature and advise provided by lenders bank or financial
instituition to us from time to time. While every care has been taken in
compiling and preparing the simulation, report, summary and other contents
herein,
Money3.com.my neither guarantees
the accuracy, completeness and/or applicability of the information provided nor
is the information meant to be final and binding.
|
|
|