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fongfamily01

Ocbc Reno Loan Full Redemption?

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Hi all,

Wonder anybody has experiences with this or any information about to do this and the sum involve?

I was quoted if I need to do a full redemption, there are accrued interest, interest in-lieu to be paid off in addition to the 2% penalty (pre-payment) fee.

Would anybody or best any banker would be able to advice on this matter?

Thanks a million!

 

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Pretty much the same as those car loan which adopts flat-rate.

Hi all,

Wonder anybody has experiences with this or any information about to do this and the sum involve?

I was quoted if I need to do a full redemption, there are accrued interest, interest in-lieu to be paid off in addition to the 2% penalty (pre-payment) fee.

Would anybody or best any banker would be able to advice on this matter?

Thanks a million!

Edited by bepgof
 

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