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 Progressive Interest of a undercon house/condo, sorry im newbie

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TSameenbp94
post Nov 25 2024, 01:11 PM, updated 12 months ago

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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
TSameenbp94
post Nov 25 2024, 01:48 PM

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From: BATU PAHAT....<3


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.
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thank you for your thought. one more thing, do you know if progressive interest will deduct the original whole loan?

 

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