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 Principal vs Total Outstanding

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joey85
post Jul 20 2011, 02:45 PM

~Yeah~
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924 posts

Joined: Dec 2006
From: Kepong
QUOTE(RinaRon @ Jul 20 2011, 02:34 PM)
Hi, I have a question to ask. I am going to pay-off my outstanding balance. But, should I make a lump-sum based on principal outstanding or total outstanding?  icon_question.gif
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outstanding balance for hire purchase (car) or mortgage house loan??

u means settlement? sum of outstanding (interest + principal loan) can be obtained anytime from ur financial institution (bank) anytime, better check with ur branch where u apply the loan from as the documents are files in the branch happy.gif

 

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