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 Housing loan is scary

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Bill888
post Oct 10 2023, 11:44 AM

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Joined: Jun 2015

QUOTE(moiskyrie @ Oct 10 2023, 11:38 AM)
yup, i think is islamic....
i ask the banker,
the banker say no need to see the amount, just pay nia...
it will reduce at the end.....
but pay 7 years already,
the amount still same....
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Haha ......very funny. First few years is something like paying the bank interest from the money you borrowed. Then after that the principal will only go down slowly.

 

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