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Home Loan Calculator

Posted in Malaysia Personal Finance, Technology |

Uploaded a new calculator- Home Loan Calculator!

Here’s how to use it:-

Step 1: Insert the loan amount you are going for.

Step 2: Check up the BLR Rate and the loan interest rate your bank is offering.

Step 3: Insert the loan term, usually from 15 years to 30 years.

Step 4: Finally, decide on the starting date of the loan and press “Calculate“!

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Viewing 3 Comments

Zing 8 months ago 1 point
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I didnt notice there was a Huge change b/w monthly installment with Bi-Week installment.

Even tot pay amt per month was still the same, but interest can save a lots!!!

Hmm... Will consider pay twice / month now.
I oso wonder, wat if I pay weekly? Will it b able 2 save MORE? hehe :P

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phiaren 2 months ago 1 point
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The loan calculator above is kinda simple. You can also consider all other factors that may impact on your financial status and situation other than the interest rate. You can check this one:

http://homeloancalculators.blogspot.com/

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http://www.fiscal-wise.com.my

yowchuan 2 months ago 1 point
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Thanks phiaren for the great link!

I personally prefer the simpler things in life, though it might not be applicable in everything :-)

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