Apr 10 2025, 06:01 PM
QUOTE(ameenbp94 @ Nov 25 2024, 01:11 PM)
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,
Yes. under construction interest is 100% bank earn. doesnt reduce principal, you cannot make repayment towards principal.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,
those buy one year before completion in theory pays less interest compared to those bought during launch.
if you're looking for first house, better to find one that enables you to claim ur 1st property stamp duty waiver/discount
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