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Progressive Interest of a undercon house/condo, sorry im newbie
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TSameenbp94
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Nov 25 2024, 01:11 PM, updated 12 months ago
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Getting Started

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Hi sifus,
May i know if we lulus loan and disbursed 3 years early, do we need to pay more progressive interest compared with the one who buy the house one year before completion?
How is your opinion? I am totally new in this matter. Looking for first house.
Regards,
This post has been edited by ameenbp94: Nov 25 2024, 01:16 PM
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TSameenbp94
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Nov 25 2024, 01:48 PM
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Getting Started

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QUOTE(Duckies @ Nov 25 2024, 01:12 PM) Usually bank will disburse the payment to developer according to phase/stage of completion but yes I guess the person who bought the unit when near completion pays less interest I guess? I am not so sure myself either. But the person who bought so last minute might not get the unit he or she wants. thank you for your thought. one more thing, do you know if progressive interest will deduct the original whole loan?
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