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 Housing loan is scary

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spursfan
post Oct 10 2023, 11:18 AM

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QUOTE(mroys@lyn @ Oct 10 2023, 11:01 AM)
that's the standard mortgage calculation for fixed installments. 
unless bank allowed you to have reducing installment, you can't have same fixed portion for interest and principal.
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surely all banks allow capital prepayment. the procedure for each bank is different though.

 

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