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 Housing loan is scary

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augusta23
post Oct 12 2023, 06:47 PM

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QUOTE(kidmad @ Oct 10 2023, 11:36 AM)
This is important.. to those taking >25 years loan the first few years is critical.. if monthly you can double up the repayment you actually need around 12 years only to completely pay the property.
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Wanna ask if there's a way or excel sheet to do calculations to see how many extra money needs to be pumped in to reduce certains years of the loan?
augusta23
post Oct 12 2023, 06:49 PM

Casual
***
Junior Member
329 posts

Joined: Jul 2013
QUOTE(lopo90 @ Oct 10 2023, 12:28 PM)
Wow, you played the bank nicely and they don't like being beaten at their own game
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Care to explain why the bank is considered "beaten at their own game"? Much appreciated

 

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