Question, if my loan is 500 000, so at the 3rd years, total money disbursed will be around 80%, so is it I need to pay 400 000 *4.5% = 18k per year.
So, it looks like the total progressive interest I have to pay for a rm500k project will be 20k ++.
Is my calculation correct?
Why people keep telling me buying new launching is better than sub sale, can save that save there but I don't see it. The progressive interest might even more than all cost involved for a subsale project.
Correct me if I am wrong.
This post has been edited by warrenbuffett: Apr 1 2019, 09:31 PM
Financial how to calculate interest, for unfinished property
Apr 1 2019, 09:30 PM
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