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 About house loan amount not revised

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Zot
post Feb 6 2023, 10:09 AM

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I believe normally the amount paid every month is fixed regardless the fluctuation on the interest rate on any loan. What if the interest goes to 5%? You want to pay the same amount or higher?
Zot
post Feb 7 2023, 08:57 AM

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QUOTE(cryheart @ Feb 6 2023, 08:49 PM)
i thought this is how semi flexi loan works ? (dunwan to but i guess bank wont let it happen haha... )
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My bad... I forgot it is about flexi-loan. Forgot about how it worked. It was very long time ago. blush.gif

 

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