Dec 7 2019, 01:11 AM
QUOTE(dreamcatcher_69 @ Dec 6 2019, 10:35 PM)
Will there be any decrease in the total amount that I have to pay?
the total amount that I have to pay for the next 5 years is RM20k, if i pay lump sum now will it be less or still 20k? The bike ori price is RM12.5k. (yeah interest super high) I have owned it for 8 months now.
Yes there will be decrease of the interest that your loan tenure is not served.the total amount that I have to pay for the next 5 years is RM20k, if i pay lump sum now will it be less or still 20k? The bike ori price is RM12.5k. (yeah interest super high) I have owned it for 8 months now.
Use a loan calculator to approximate/estimate how much less you'll be paying.
Basically, the next 5 years will have interest + your loan principle.
Only the interest portion is waived/rebate
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