".....a 30 year loan is reduced to about 20 years
that sharply cuts the amount of interest you pay during the life
of the loan.....on a RM100,000, 30 year loan..... you'd cut the
interest.....a Savings of RM63,409. Also.....you'd
build up more equity earlier."
Debt Comparison
Interest Savings Earned Using MRP!
Equity Over Time
Installment Paid In
Actual Principal Paid
5 Years
$44,026
$4,930 (only 5%)
15 Years
$132,078
$23,220 (only23%)
23 Years
Still owe 47% of
what you have borrowed
The Debt Burden
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