QUOTE(lifebalance @ Jun 5 2023, 03:50 PM)
Hi there, can we put such request to the bank?Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)
Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)
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Jun 5 2023, 06:28 PM
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Jul 1 2024, 05:14 PM
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QUOTE(Gladiator118 @ Jun 30 2024, 10:00 AM) I have a 550k mortagage loan with 4.35% interest from 10 years ago. I'm parking 450k into loan and somehow the installment shown changed to 1.3k instead of original 2.7k. Wouldn't this be an ideal situation as in lower instalment?My question is, does bank revise our installment value automatically if there's additional money parked in loan? So when withdraw that additional money, it will revert to original installment? This post has been edited by Gaia34: Jul 1 2024, 05:14 PM |
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Aug 10 2025, 03:54 PM
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My instalment also reflects the new rate for this month's instalment, MBB as well.
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