Oct 10 2023, 09:34 AM
QUOTE(robotking123 @ Oct 10 2023, 09:28 AM)
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...
Actually, there's nothing scary, if you dont plan to do early settlement.. whatever numbers shown, your installment numbers remain fixed (25/30 years or whatever duration you had chosen).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...
This post has been edited by zeese: Oct 10 2023, 09:34 AM
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