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a) Mr.Daniel bought a housing lot costing RM350, 000 and obtained a loan of RM300,000 (personal loan). He decided to build a house on that
a) Mr.Daniel bought a housing lot costing RM350, 000 and obtained a loan of RM300,000 (personal loan). He decided to build a house on that land which was quoted at RM550,000 by the contractor. He then obtained a loan from Bank XYZ for RM490,000. Besides buying a house, he also needs RM10,000 to pay his education fee at Universiti Tuanku Abdul Rahman (UNITAR). If he has RM210,000 in his EPF Account 2, how much can he withdraw from this account? (considering that the purchase of the house is her first priority)
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