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Anonymous

07 Jun 2019

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How many times does the bank charge interest for home loans per month?

I noted that my DBS bank home mortgage's interests are charged 2-3 times per month. It's typically in the middle of the month and month end, sometimes early into the month too. is this normal?

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John Ong Zhenxi

07 Jun 2019

I am seeing 2 times a month for my case, in the middle of the month and month end. I just emailed to ask the bank. Lwt you know if they reply.

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IF I have 1mil cash and based on 5% rule, I would have $50k per yr or $4.1k per month. How would you recommend for me to earn $50k interest per year. I'm open to work at MCD or starbucks as part time.?

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