For newly married couples, owning a house is one of the dreams that they want to achieve. Instead of paying monthly rent, it is better to use the money to pay mortgage installments. Owning your own house is also a long-term investment because land prices will increase from year to year.
For a newly married couple or a small family, there are several types of houses that are suitable as described below:
House Type 21
House Type 21 is the smallest type of house with dimensions of 3x7 meters, 5.25 x 4 meters, or 6 x 3.5 meters. The layout of the room only consists of one bedroom, one bathroom, and one multifunctional room. Sometimes to give the impression of a wider space, the kitchen is placed outside.
House Type 36
House Type 36 is a fairly popular type of house sold by developers. Generally, this type has dimensions of 6 x 6 meters or 9 x 4 meters. With an area of 36 square meters, this house type has 2 bedrooms, 1 bathroom and 1 living room that blends into the family room, living room, and kitchen.
House Type 45
House Type 45 is often referred to as a minimalist house because it utilizes land space effectively. The dimensions of this type of house are generally 6 x 7.5 meters or 8 x 5.6 meters. This type of house has 2 bedrooms, 1 bathroom, 1 multifunction room, 1 carport and green open space. House type 45 is suitable for new families with 1-2 children.
House Type 54
House Type 54 has dimensions of 13,5 x 4 meters or 9 x 6 meters. This house is suitable for new families with 2 children. This house has 2 bedrooms, 1 bathroom, 1 multifunctional room that can be used as a living room, family room, and kitchen. This house also has a carport and garden.
House Type 60
With an area of 60 square meters, the type 60 house is quite comfortable for new families. There are 3 bedrooms, 2 bathrooms, 1 living room, family room and kitchen area. There is a carport and terrace area for this house type. The dimensions of this type are 6 x 10 meters, 8 x 7 meters or 6 x 12 meters.
House Type 70
With a building area of 70 square meters, you can build a 2-storey house. You can get 3 to 4 bedrooms, 2 bathrooms, 1 family room, living room, and kitchen with a terrace and carport located outside. The residential target market is for the middle class.
If this is your first home, you should pay attention to the following points:
Prepare the Budget
Owning a house is a big decision because it costs you a lot of money. Discuss with your partner about your financial condition whether you are financially ready. If you are not careful about managing your finances, your family's cash flow can be messy. Ask the bank to provide a mortgage simulation. This mortgage simulation can be used as a reference to check the family's finances whether the financial capacity is sufficient to pay the monthly installments.
We recommend that you choose a house with close access to shopping, health, and education centers. Access to the house location must also be considered, whether there is a toll road or not, whether it is close to public transportation (if you use public transportation) or not. Is the location prone to flooding? The location of the house also has an impact on the budget—the more strategic it is, of course, the more expensive.
Choose a Trusted Developer
Choose a developer who already has a good track record. Explore the projects that have been built by the developer. Check whether they face certain problems or not. Check what compensation that will be given in case of work delays and how the compensation mechanism will be made.
Make Sure You Have a Good Credit Track Record
When you want to apply for a mortgage installment to the bank, make sure neither you nor your partner has any unfinished credit. If one of you has bad credit, of course, it will affect the mortgage approval by the bank. The unfinished credit can be a consideration for the bank whether the customer has the ability to pay installments and compliance in paying.
Learn Home Payment Mechanism
When you want to buy a house, there are several procedures that must be done by a buyer. For example, a buyer should pay a booking fee as a commitment to buy a property. There is also a down payment (DP) that is considered a commitment fee between the developer and the buyer. There are several types of payment systems, including mortgages, cash, or gradual cash. For installments through mortgages, the buyer will pay in installments on a monthly basis to the bank in the amount of mortgage here.
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