one year fixed closed contract
20K
2 year amortization
900/month
20/20 limit for HSBC normal contract
after I double paid 4 months
I asked my manager whether it reached the 20/20 limit
4*900 = 3600 = 18% of principle
if there is 20/20 limit, I cannot double play anymore
my manager told me, for under 3 year mortgage, there is no 20/20 limit
so I am very happy to keep double paying...
hehe, donot think I am rich because there is only 20K mortgage,
HSBC can divide your mortgage into different terms, hehe, there is another huge one
20K
2 year amortization
900/month
20/20 limit for HSBC normal contract
after I double paid 4 months
I asked my manager whether it reached the 20/20 limit
4*900 = 3600 = 18% of principle
if there is 20/20 limit, I cannot double play anymore
my manager told me, for under 3 year mortgage, there is no 20/20 limit
so I am very happy to keep double paying...
hehe, donot think I am rich because there is only 20K mortgage,
HSBC can divide your mortgage into different terms, hehe, there is another huge one