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 HONG LEONG BANK MORTGAGE LOAN, Any Advise?

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haha..
post Aug 12 2019, 05:34 PM

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QUOTE(Pizza Hut @ Aug 12 2019, 05:15 PM)
hi All

i have a question about semi flexi house loan Hong Leong bank. Let say my loan is 400k and i decided to pump in an amount RM100k into advance payment, will it reduces my interest rate on monthly basic? or should i do partially settlement?

which one is better?
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Yes for the RM100k that you pumped in will reduce principal hence reduce interest
haha..
post Aug 12 2019, 11:42 PM

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QUOTE(Pizza Hut @ Aug 12 2019, 05:47 PM)
you mean pump 100k into advance payment can reduce principal and interest?
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Yup and to settle your loan earlier
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