So the interest is calculated every year on remaining principal and not compound interest over 30 years?
The minimum for partial redeem is at least $500?
That means for partial redeem, minimum you need to fork out is 500 and above?
Say you pay 10k for partial redeem every year, is the interest is calculated on the remaining principal amount? Will your monthly instalment still be the same or reduced?
How do you calculate HDB loan?
Say you loan 300k for 30 years at HDB interest of 2.6%. Do I use the compund interest calculator to calculate? The interest is annually? Is there any penalty for early redeem?