hi all,

assume i bought a property that is ready 4 years later, can i opt to pay extra to clear my principal loan amount during progressive interest stage.

example first four months, progressive interest is RM300 monthly. can i pay RM1300 for the first 4 months, where the RM1000 deduct my overall principal amount?
if yes, will my actual loan service (after 4 years and VP property) reduced, means instead of monthly RM2200 (assumption), it will be reduce to lower that amount because i cleared some principal amount during the 4 years progressive interest stage ?

This post has been edited by talzer: Oct 22 2019, 05:24 PM

assume is full-flexi

i mean to clear my principal during progressive interest stage, not put into my flexi account to reduce loan interest (and progressive interest)