POSTED BY May 1, 2014 4:00 pm ONE COMMENT
ONHello,
Below are my home loan statistics:
Current Applicable Spread on the above loan : -5.00
Current Applicable ROI : 11.75%
Balance Term : 6 Months
With the current statistics, is it beneficial to utilize the spread and take the conversion?
Thanks,
RM
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Dear RM, what’s the new ROI offered to you? What’s the loan amount to be paid? What’s the conversion fee? If it’s just for 6 months, what ‘ll be the saving to you post conversion?
Thanks
Ashal