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 Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)

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Wind82
post Mar 8 2016, 01:26 PM

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Hi guys,

I have a question regarding interest paid during construction period of a certain property.

Let's say this bank has released a RM10,000.00 progressive payment to the developer. So I will need to start paying the interest already monthly until the next progressive payment is made.

My question is, for flexi-home loan, is it possible to dump in 10k into the account so that I will not need to pay the interest?

Can I do the same for islamic or semi-flexi home loan?

Thanks!
Wind82
post Mar 8 2016, 02:34 PM

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QUOTE(lifebalance @ Mar 8 2016, 02:18 PM)
You can't do that actually during progressive payment. I understand that you are trying to reduce interest by dumping in money and save up the interest. But the bank will not allow you to do so
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Even with full flexi loan also cannot?
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