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Showing results for tags 'equity'.
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just met a casual friend who returned from austrailia for holiday.. apparently, he bought a property via this company called central equity during a roadshow in sg a couple yrs back for about A$350k.. seems like it has appreciated to some A400k now (and its just empty plot of land).. but he's going to rent it out for A$2k/mth when the house is scheduled to finish building by Q4 this yr..
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Many car distributors are selling cars with rebates if u take out their in-house loans. Like mazda motors, if u want a discount, then u have to be bound by a 7 year loan @ minimum 70% car price. I guess if u sell off the car earlier, you will be penalised. So calculating everything including interest etc, if you were to sell your current car at the 2nd hand market, do u need to top-up the finance? If not when will be your break even year? Interesting to see who plan to buy a new car soon
