Jan 24 2019, 06:18 PM
QUOTE(Leo the Lion @ Jan 24 2019, 03:00 PM)
Just today my house loan appeared in my Maybank2u account.
Outstanding Balance - 300k++ (from 500k++ since this is the amount released by the developer based on their current progress)
Outstanding GPP - RM0.00
Payment Due Date - N/A
Monthly Instalment - RM2100++
Instalment Due - RM0.00
Payment in Advance - RM0.00
The apartment should complete early Q4 2019
But when I calculate, I should be paying less than RM1.5k but why RM2100+?
Is it that I should wait longer so it'll update to RM1.5k?
Need some enlightenment here.
Couldn't understand how this progressive interest works
very confusing statements.Outstanding Balance - 300k++ (from 500k++ since this is the amount released by the developer based on their current progress)
Outstanding GPP - RM0.00
Payment Due Date - N/A
Monthly Instalment - RM2100++
Instalment Due - RM0.00
Payment in Advance - RM0.00
The apartment should complete early Q4 2019
But when I calculate, I should be paying less than RM1.5k but why RM2100+?
Is it that I should wait longer so it'll update to RM1.5k?
Need some enlightenment here.
Couldn't understand how this progressive interest works
you are referring to monthly progressive interest or monthly installment?
if monthly installment, all stated in your Letter Offer. This is also based on your loan tenure and interest rate.
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