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 Paying more than the required monthly amount, Housing loan

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TSleongal
post Apr 21 2010, 01:44 PM, updated 16y ago

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Let say my monthly loan repayment amount is RM 1,000.

Then, this month, I have extra money and decided to pay RM 1,500 instead of RM 1,000.

Then, the following month, I found that I am short of money. Can I just pay RM 500 (since I have paid extra RM 500 in the previous month)?
TSleongal
post Apr 23 2010, 03:48 PM

~I have a new mission in life~
*******
Senior Member
3,188 posts

Joined: Jul 2007
From: A place called "home"


QUOTE(dvinez @ Apr 23 2010, 02:27 PM)
hmm..i noob lol..
btw, flexi loan means if interest rate increase my installment also increase ?
even the letter wrote rm700 each installment ?

blur blur lol
*
hey, read this thread: http://forum.lowyat.net/index.php?showtopic=1376014&hl=

 

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