it look like you start saving in oct 2009

How do you guys calculate?

Read the back pages of this thread...answer is there...complete with example and detailed calculation.
In summary, u will be paid div prorated on monthly basis, but payment date is after the div declaration...similar to EPF div calculation.

Is this what you mean? Can anyone verify below calculation is correct?

around a year...

why not try RHB easy for ASB loan....search on net

You can write in to the branch to reduce the standing instruction to the new amount.

Must be to the actual branch, not just any maybank.

The loan tenure will still follow the new rate and not your old one. So technically you are actually paying more....

All the excess money won't be put inside your loan account, but 'floating' inside the bank's system.

The 'floating' money also cannot be refunded back into your Standing Instruction-linked account.

I found out about this when I checked my loan statements online thru mb2u, and clarified with Maybank.

Apparently I 'overpaid' almost Rm500 but Maybank won't accept into the loan settlement account.

The solution is to write in to your branch and either ask them to retain the payment or reduce the payment to the new amount based on the new rate. Then do this:

Since my monthly payment is slightly more than RM1000, I just topped up the balance (paying straight to the loan account) and leave my SI account less than RM1000 during the due date (1st day of mth) so that RM500++ overpaid + RM5xx paid directly to loan account = that month's loan payment. The penalty is RM2 because 'not enough funds to do SI', but technically I didn't miss that months payment, jsut that I paid using cash + overpaid and not from account using SI.

The next month, my instruction to retain old amount for SI was approved, so back to normal. So pay more = faster to finish loan.

Or else the bank will untung at your expense.

U can apply ASB loan in Easy RHB.Now Easy RHB offer an attractive package which is you need to pay the interest for first five years only.This is different with other bank like maybank and CIMB because maybank and CIMB need to pay capital and interest start first year.
let me calculate how much u can get IN THIS 5 year.
Easy RHB ASB loan amount 100k,monthly instalment is RM386.
PNB return is 8.5%p.a
100kx8.5%=8500 (U EARN)
RM386X12=4632 ( U PAID)
UNTUNG BERSIH=8500-4632
=3868 per year
FIRST 5 YEARS=3868X5=19340
If you want to know further,can contact me
018-2228852 Yunice (Easy RHB)

For newbies.. please look further ahead. You should not invest using other people money unless u're financially intelligent and stable.

agreedddd

if i hv saving RM400,000 and wanna put RM200,000 in each ASB and ASW, isit possible?

Yes ... but only if you're a Bumiputra.

I think max for ASW only 50K

anyone can clarify my doubt.....let say...if my asb is more than 200k(max is 200k)...after years of compound.....let just say...the new balance is 250k....is it true the next divident payment to me...they only count 200k for my balanced?

No way. There is no limit for Bumiputra. Bumiputra can buy as much as they can afford as long as there are still units available. Up to December 2009, i was told that more than RM1 Billion of ASW2020 are still yet to be subscribed but that is strictly for Bumiputra only.


Some say it is. Some say it's not. We do not have definite answer but you can try it out yourself

nope, someone just grab rm150k today.

the next pay out will be based on the new balance, in your case 250k not 200k.

owh thank you.....and another question. .....let say....i deduct my salary every month(300 per month)...to put in my asb....it's been done automatically.....then this month i invest in my asb acc until it reach it's limit and that is 200k.....what will happen next month ...is asb still accept my 300?

sry not sure about that, but i dont think the deducted salary will gone thru the account since its already to the max.

does anybody know what is the working hours for ASNB Putrajaya?

Nope. The transfer will fail.

for sure it fail...if dividend only can go in..no more cash flow into it...