Advertisement
Anonymous
4
Discussion (4)
Learn how to style your text
Gabriel
06 May 2020
Undergraduate at National University of Singapore
Reply
Save
Colin Lim
03 May 2020
Financial Services Consultant at Colin Lim
You should check with the bank on the interest rates.. As i prefer to leverage since interest is low... Even if i have 40k...i will not lump sum pay up... I probably drag few years... To allow my 40k to grow through investments.
This is my thoughts.
#planwithcolin
Reply
Save
Pang Zhe Liang
03 May 2020
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
Generally, there is no penalty for lump sum repayment upon graduation. However, you should check wit...
Read 2 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Posts
Advertisement
Hey Anon, I believe that it is interest free during the course of your study and repayment can be made in one lump sum. In this case, there should be no interest or penalty. However, do double check with the bank before taking the loan.