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 progressive interest vs principal

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liyanakahar
post Aug 4 2020, 09:03 AM

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instalment as usual even it is progressive disbursement
liyanakahar
post Aug 10 2020, 11:55 AM

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QUOTE(cy91 @ Aug 10 2020, 10:58 AM)
If don't allow full settlement (due to lock-in period), u can pay up until RM0.01 left and leave it there until the lock-in period expired  rclxm9.gif
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you have to sign document and inform bank that you are paying the principal, otherwise bank will just treat your payment as "hanging" and only offset interest and principal monthly. the excess portion will become cash flow of bank
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