and as fast as you can.Reduce House Loan: Knock Off 8.5 years from loan!, Anyone is doing this?
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 Jul 1 2015, 07:37 AM
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#1
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Senior Member
854 posts Joined: Jun 2005 From: N9  
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basically, pay as much juice you can squeeze out of yourself
and as fast as you can. |
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Jul 1 2015, 08:46 AM
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#2
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Senior Member
854 posts Joined: Jun 2005 From: N9
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QUOTE(payamam @ Jul 1 2015, 08:08 AM) I still don't get how let say your monthly installment is RM1.5k, you pay 2 x RM750 will result in reduction of tenure & interest paid. imagine the bank as a legal version if ah long. ah long say ur interest is rm13/day for every rm1000 u din pay. so the faster u pay, the less interest u have |
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