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 Refinancing your property for cash, and credit consolidation

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MoneyMaker prince
post Jul 6 2017, 06:33 PM

On my way
****
Junior Member
507 posts

Joined: Mar 2011
From: Singapore


QUOTE(wild_card_my @ Jul 6 2017, 12:01 PM)
No it is wrong. because most banks would allow you to repay the 10 years cash-out tenure (10-years for BNM requirement when calculating the DSR) in 35-year tenure.

So your full isntallment should be RM1726...
*
Are you saying that the 10-years is only for bank calculate the DSR? If it approves, we can still repay in 35-years tenure?

Im so confuse on this matter for so long rclxub.gif

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