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 ASB loan, worth to get it???

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kripton888
post Feb 20 2013, 01:04 AM

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have any1 cancel asb loan before?
lets say u take a asb loan of 100k
when u cancel the asb loan what exactly happens to :

1. total monthly payment u have been paying for x years
2. loan amount 100k
3. dividend generated by asb from 100k

kripton888
post Feb 24 2013, 07:19 PM

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Joined: Jan 2011
QUOTE(acexii @ Feb 20 2013, 05:41 PM)
Which bank do you take the loan?
For Maybank Islamic, not penalty on early exit or cancelation. Others refer to loan agreement

1. use the ammotization table but it may not 100% accurate but you can figure it roughly
2. loan will be cancel. How much you will get back depend on your principal amout (calculate with ammo. table)
3. Dividend, yours to keep
*
thanks i think i got it. yea exit fee is different for different banks.

 

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