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Loans Refinance Car Loan

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vckc
post Feb 11 2019, 12:51 PM

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QUOTE(cytyler @ Feb 11 2019, 11:03 AM)
car loan even u settle full amount , u cant get any interest waive, its not like paying house loan
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Can settle early and get discount one la boss. If you do extra payment monthly cannot saja. TS if you got property you may wish to refinance or withdraw from EPF account 2 for this purpose..
vckc
post Feb 11 2019, 01:31 PM

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QUOTE(qilaf @ Feb 11 2019, 01:15 PM)
based on my calculation if i want to settle has to be within this few months else, potential earnings from the settlement cost > potential earning of discount from bank
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I settled mine 3 and a half years in for a 9 year tenure loan.

Got savings of about RM 5000.

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