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Thread: Loan

  1. #11
    Join Date
    May 2012
    Posts
    3,946

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    Quote Originally Posted by Forest ang View Post
    That’s what i thought I should do too but just wanted to have a second opinion yo be sure!

    Thank you!
    Pleasure!

    Unless you have a good reason to clear such as increasing the % of loan allowed for another property, then makes sense to clear lump sum.
    The three laws of Kelonguni:

    Where there is kelong, there is guni.
    No kelong no guni.
    More kelong = more guni.

  2. #12
    Join Date
    Oct 2012
    Posts
    1,160

    Default

    Why not do a refinance or repricing? U can fixed two or three years for less than 2%. Just ask the banks.

  3. #13

    Default

    Quote Originally Posted by Kelonguni View Post
    Pleasure!

    Unless you have a good reason to clear such as increasing the % of loan allowed for another property, then makes sense to clear lump sum.
    Thank u for the suggestion. I am not working. Thus unable to secure any loan.

    Oh...house is for own stay
    Will probably pay off with CPF if interest goes up to 2.5% or higher.

    Thanks again

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