Funding & Debts CancellationSeptember 18, 2023by William WongDoes your executor still have to pay for your housing loan after you have died?
The answer is yes. The housing loan will not automatically cease upon your death. It is the duties of your executor to call in assets. Once your executor had called in assets, he shall continue to make repayment of the housing loan using the assets you left behind. Does Mortgage Reducing Term Assurance (MRTA) covers...