Lowyat.NET: Latest topics by choywm

Amortization

choywm — Tue, 07 Jul 2015 17:33:34 +0800

Suppose 2 banks offer the same rate for the same amount & tenure, should the amortization of the loan be similar? Or can each bank come out with its own schedule?

Running shoes

choywm — Fri, 12 Jun 2015 15:32:38 +0800

Can anyone recommend a place to buy running shoes where good discount is offered even when there is no sales?

Term loan or OD

choywm — Mon, 08 Sep 2014 10:25:49 +0800

I plan to refinance my property, outstanding around 250K & cashout of 300K which I may or may not utilize. Just need it as backup.

Is it better to finance everything as term loan (flexi or non-flexi) or should I convert the cashout portion to OD? I understand with secured OD, rates can be identical to term loan.