Applying for the max loan will make more saving?
|
|
 Oct 20 2018, 10:00 PM, updated 8y ago
Return to original view | IPv6 | Post
#1
|
 
Junior Member
236 posts Joined: Jul 2008 
|
I thought I want to pay higher down payment and with shorter loan period, but my loan agent told me applying for the max loan (90% over 35 years) of flexi housing loan will actually make more saving. If I have the extra money, I just put the money in and this will reduce the interest. This will actually save more compared to pay higher down payment.
Is this true? |
|
|
Oct 20 2018, 10:24 PM
Return to original view | IPv6 | Post
#2
|
|
Junior Member
236 posts Joined: Jul 2008
|
QUOTE(2malaysia @ Oct 20 2018, 10:05 PM) Pls calculate yourselves via the following website :- This do not show how the flexi loan can reduce interest.https://loanstreet.com.my/calculator/home-l...duty-calculator  |
| Change to: |  0.0156sec
 1.59
 6 queries
 GZIP Disabled
Time is now: 18th December 2025 - 12:59 AM |
Quote