This could lower your monthly payments
Posted: Sat Dec 28, 2024 8:19 am
Let's say your monthly house payment is RM1000. And you haven't paid for five months. The total is RM5000. Can you pay only RM3000 and leave another RM2000 (2 months) as arrears? The answer is no. If the bank has sued and the court orders the house to be auctioned, you have to pay all the arrears. 3) How to pay if you're stuck? Use EPF Many people don't know that if you have problems paying your home loan, you can use your EPF Account 2 to clear your debt.
EPF allows you to make withdrawals for the following purposes: costa rica whatsapp fan Monthly house installment payment Payments reduce the loan balance For those of you who have a permanent job, God willing, this way you can save your house from being auctioned. 4) Ask for AKPK's advice You can also meet with AKPK officers for advice. They may be able to help you negotiate new payment terms with the bank.
to the bank. 5) Fix your finances by selling your house If you say you can't afford to pay the house payments anymore, just sell the house. That way you can get your finances back on track. Avoid holding on to the house if you can't afford it. Some people don't want to sell it because of sentimental value and maybe feelings of shame.
EPF allows you to make withdrawals for the following purposes: costa rica whatsapp fan Monthly house installment payment Payments reduce the loan balance For those of you who have a permanent job, God willing, this way you can save your house from being auctioned. 4) Ask for AKPK's advice You can also meet with AKPK officers for advice. They may be able to help you negotiate new payment terms with the bank.
to the bank. 5) Fix your finances by selling your house If you say you can't afford to pay the house payments anymore, just sell the house. That way you can get your finances back on track. Avoid holding on to the house if you can't afford it. Some people don't want to sell it because of sentimental value and maybe feelings of shame.