Bec 25y is the largest loan amount, but needs a 10% deposit so to take this

loan your savings after removal of any fees must be greater than $21147

(it is I am reading things correctly).

RonL

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- August 14th 2007, 04:58 AMCaptainBlack
- August 16th 2007, 04:00 AMtom_asian
Could you please help me with another question, sorry.

Well i have calculated my maxmimum loan amount to be $240491.08. Now i wish to buy a house that cost $220,000.

Determine the loan amount to be borrowed and then calculate the required monthly repayments for your chosen time period. Use Bec's bank 25 years.

Thanks so much for your help~~~ - August 16th 2007, 04:46 AMCaptainBlack