yeah.. interests are count in daily basis.. and it did..

e.g. your monthly payment is 2k.. it will split into principal & interest payment.. if your advance payment a lot, the ratio of monthly payment 2k will be go to principal more than interests.. indirectly it will reduce your principal balance more and help to shorten the loan term..

my suggestion to normal people is extra pay extra RM50/100 per month is very good for own stay purpose.. it will shorten your loan term for few years for sure.. assuming your house loan is odd number like 1943 per month, you pay 2k straight.. surplus 57 a month is good.. if got big lump sum and considering either FD/throw into mortage semiflexi/flexi loan, and dont plan to take out the money in short time, just lump into loan account instead of FD.. the only cons is that when u want to take out the money, it will incur an amount like RM25/50 depending on bank.. full flexi is fine cause it go to current accounts straight..

I curious for new property usually take how long start paying interest after signed SPA?