Search results

@blueskye30 The numbers are about right and easy to double-check because amortization formulas are standard (with small variations depending on when the interest is compounded)...

@revstockton OP will need to move fast and prepare in advance but it's possible; my realtor was perfectly fine with it, recommended banks that offered renovation + mortgage products, and introduced a contractor. It's also possible to have the contractors accompany you on the initial visit to...

@kristhuy Thanks for the incredibly comprehensive write-up summarizing the entire year, always sharing your knowledge, and your hard work in managing this sub. You and the rest of the mod team make /r/JapanFinance the best Japan-related subreddit.

@tater27 90-120 million is not surprising with the criteria you have. 115-130 sqm is gigantic for a Tokyo house and western Tokyo - I'm assuming you mean Nakano/Suginami/Setagaya/Meguro - has always been the second-most expensive region after central Tokyo for a variety of reasons.

@albinoguitman No? Rent clearly trends downwards with property age. https://www.homes.co.jp/cont/press/opinion/opinion_00230/

@thamtutuhoanglong The biggest flaw with your idea is 100m is not enough to buy a 70sqm+ 3LDK within 10 mins walk from Meguro/Shibuya/Ebisu, unless you want to buy a place built on old earthquake standards which would be a very bad idea if you are planning to either sell or rent out in the...

@artosgalleries Run the numbers and choose based on your risk tolerance. How fast do you think rates will go up, and by how much? Do you think rates will go back down? Even if the BoJ policy rate went up by 1%, variable would still be cheaper than most 35 year fixed rate loans. Do you think...

@pixeloriousspriteson I doubt at today's rock-bottom rates there would be much benefit to refinancing, but even 10 years ago interest rates were quite a bit higher because of the smaller discounts offered. Refinancing from 0.8% to 0.3% might be beneficial at high principal amounts. Outside of...

@jesusluvr12345 Are you intentionally heavily overweighting the S&P500? Most of the assets in VTI are the S&P500 in the first place, so buying at those ratios is a bit strange.

@preciousklay Speed and flexibility of service, especially if you're trying to buy a popular property. Some banks take a very long time to process applications. It's always good to apply at a several banks. Also, some banks like SBI Shinsei don't do pre-approvals. Insurance options are not all...