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Housing loan is scary
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desmond2020
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Oct 10 2023, 09:31 AM
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QUOTE(max_cavalera @ Oct 10 2023, 09:31 AM) Unker ppr in 2013 buy only rm218k. Monthly supposed to be rm1100 wonly. But pay rm2k monthly now. Currenlt principle left rm66k wonly. Hope can fully settle within the next 2-3 years. now this is smart move
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desmond2020
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Oct 10 2023, 09:33 AM
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QUOTE(Duckies @ Oct 10 2023, 09:31 AM) Want to ask ya if I put more money inside...it only reduces the loan duration right? Not the loan amount monthly right? it reduce the interest you need to pay for each month. in other word, your instalment contribute more toward principal amount
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desmond2020
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Oct 10 2023, 09:37 AM
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QUOTE(Duckies @ Oct 10 2023, 09:36 AM) But the monthly amount dont change right? yes it is the same
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desmond2020
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Oct 10 2023, 11:21 AM
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QUOTE(prdkancil @ Oct 10 2023, 11:13 AM) Then wat is the max % allow to park into flexi loan acc? 30% for most bank
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