Buying my first house, need help on loan
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 May 17 2008, 12:14 AM
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Senior Member
6,657 posts Joined: Jul 2006 
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QUOTE(tinkerbel @ May 16 2008, 04:55 PM) @yewkhuay, u know bcoz of our "tonight " thing, someone question me about it ? I know U do *smiles* But I don't want to think about the home loan now, perhaps we should speak about it tonight huh?! *grins*   |
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May 17 2008, 12:22 AM
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VIP
13,495 posts Joined: Dec 2006 From: KL, Malaysia 
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@yewkhuay,
Ok.. we'll do it tomorrow morning then, hAPppY  |
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May 17 2008, 12:26 AM
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Senior Member
6,657 posts Joined: Jul 2006
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QUOTE(tinkerbel @ May 17 2008, 12:22 AM) @yewkhuay, u never tell me u prefer it in the morning.... Ok.. we'll do it tomorrow morning then, hAPppY  |
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May 17 2008, 12:28 AM
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Junior Member
400 posts Joined: Feb 2008
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Home mortgage loan is not a hire-purchase loan.
The beauty of it is that interest is calculated on the outstanding loan amount! It's financially advisable to leaverage the maximum loan tenure and make partial capital repayment to capital. This is a blessing for the disciplined few who can manage their $$$ well. Otherwise, the hard and fast rule is to go for one with the minimum loan tenure. |
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May 18 2008, 12:56 AM
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Senior Member
3,318 posts Joined: Dec 2004 From: 1Malaysia  
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QUOTE(Dyong @ May 17 2008, 12:28 AM) It's financially advisable to leaverage the maximum loan tenure and make partial capital repayment to capital. |
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