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 Standard Chartered Mortgage One, Housing Loan

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TSChester
post Oct 16 2009, 07:57 PM

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If take this package, when i withdraw money from atm, any charge?

some semi flexi loan like mbb will charge rm25 per withdrawal, some like pbb even worse..need 2 days in advance notice, plus charge
Backkom
post Oct 18 2009, 12:28 PM

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Unfortunately they only give 80% loan to non-klang valley properties...
truelife
post Oct 18 2009, 09:07 PM

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QUOTE(rakyat @ Oct 16 2009, 03:34 PM)
Yep, can only prepay up to 69% of the loan i.e. at any1 time o/s must be at least 30% if not got penalty 3%.
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the 69% is calculated from the total loan amount? installment amount per year or just based on the total loan amount?

let say i have rm100k loan with M1. loan period is 10 years. that means from year 1 till year 10, the accumulated prepayment amount cannot be more than 69%?
tishaban
post Oct 19 2009, 08:09 AM

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QUOTE(Chester @ Oct 16 2009, 07:57 PM)
If take this package, when i withdraw money from atm, any charge?

some semi flexi loan like mbb will charge rm25 per withdrawal, some like pbb even worse..need 2 days in advance notice, plus charge
*
I was one of those who signed up for MortgageOne way back when it was first launched. There is no charge for ATM withdrawals, however there is an RM8 annual charge for ATM cards (not including the RM10 monthly fee). You can withdraw as much as you like without fees but at least with my account you can only withdraw from Stanchart's ATMs only, something about the MortgageOne account not being a regular savings/current account. This limits your choices to the 5-6 branches they have around KL/PJ only...


 

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