Hello there, this is my first time buying a house.. after all the survey in this forum and going to different banks.. I found out that their rates are similar. I went to alrajhi bank thinking that their rates are lower, but it is still as high as other banks. I need advise on which bank is better to choose from..

FYI, my apartment is still quite new, around 3 - 4 years old, land 56 more years, and I'm buying from another owner. I wish to loan 150K for 25years.. Maybank quote me RM785 per month, Al Rajhi is RM793... I understand that their rate is going up and down every quarter or half year. Last july MayBank quote me RM752, now increase already.

Anyone in this forum working with bank and have promotion at the moment? Please help~

This post has been edited by milkytime: Dec 4 2009, 06:17 PM

sometimes not the cheapest is good thing.

there are other expenses maintenance fees and flexibility

most of the banks offer the same rate ler...

try ING... fixed rate...

for your loan amount, the banks rate are almost similar. choose the bank that is more accessible - in the sense of location. for eg, al rajhi, not many branches, u may need travel whilst other local banks you need not travel so much. Just a hundred bucks difference a month, u save a lot of hassle in transport in the event you 'screwed up'.