Apr 27 2020, 03:49 PM
QUOTE(abubin @ Apr 27 2020, 01:43 PM)
You pay off the hire purchase save 2.7k? AFAIK, usually if you settle car loan early they charge you penalty. Double check with bank.
As for house loan, if yours is flexible loan then it will be very good to put in extra money there. It will shorten the loan period for the house indirectly reducing the interest.
Do some calculations and put it into the one that save more.
What would bank charge you for settling your loan early? As for house loan, if yours is flexible loan then it will be very good to put in extra money there. It will shorten the loan period for the house indirectly reducing the interest.
Do some calculations and put it into the one that save more.
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