Jeya ‘Ganes Kisnan, 27, took a RM20,000 personal loan to settle the legal fees for his RM720,000 condominium as he could only afford to pay the down payment, even after getting a 7 per cent discount.
The young entrepreneur, who runs a software business and makes about RM10,000 a month, will be facing a monthly installment of RM3,500 for his 25-year home loan when construction is completed by the end of the year, about the same time he would have finished paying off his personal loan.
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