Loan 350k
Today outstanding: 320k
Already served 6 years plus, 1500 monthly
6 x 12 x 1500 = 108k
108k - 30k = 78k
Bank already earned 78k interest from me, bloody hell
Gov should do sthg, how can house loan be so expensive...
Housing loan is scary
Housing loan is scary
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Oct 10 2023, 09:28 AM, updated 3y ago
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#1
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Junior Member
2 posts Joined: Feb 2023 |
Loan 350k
Today outstanding: 320k Already served 6 years plus, 1500 monthly 6 x 12 x 1500 = 108k 108k - 30k = 78k Bank already earned 78k interest from me, bloody hell Gov should do sthg, how can house loan be so expensive... |
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Oct 10 2023, 09:40 AM
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#2
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Junior Member
2 posts Joined: Feb 2023 |
House loan should follow car loan, max 9 years and fixed interest. Today bought Benz 300k loan 9 years also not this expensive. How come house loan interest so high than car?
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Oct 10 2023, 11:01 AM
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#3
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Junior Member
2 posts Joined: Feb 2023 |
Now Bang Nuar gonna remove the subsidy, then at least help us to reduce our house loan. Just set bank max can only charge 50% interest of the house loan amount. Problem solved, all happy
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Oct 10 2023, 11:38 AM
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#4
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Junior Member
2 posts Joined: Feb 2023 |
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. Talk like so easy all can afford pay 2x instalment, money fall from sky Lonelybird, augusta23, and 1 other liked this post
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