Sorry if this is not relevant to this thread, just tumpang only.

Does it make sense to compare it this way?

100k car loan 7 years @2.33% total interest=Rm16310

100K FD 7 years @4.5% compounded total interest =rm36083

100k AS1M 7 years @6% total dividend= RM50363

So better to take loan then to withdraw from FD or AS1m to pay car in cash?

This post has been edited by MGM: Jan 5 2014, 07:47 AM