Comparing 3 banks.

1) HLB Flexi
-2% whole tenure
Lock-in: 5 years with 3% exit penalty
ATM card, cheque book, RM10/mth and one time setup fee of RM200
Optional MRTA

2) HSBC Flexi
-1.9% whole tenure
Lock-in 5 years with 3% exit penalty
ATM card, cheque book. RM10/mth and no setup fee
Optional MRTA

3) RHB Flexi
1st year -2.3%, 2nd to 5th year -1.8%, 5th year onwards -1.9%
Lock in 3 years with 3% exit penalty
ATM card, cheque book. No monthly and setup fee
MRTA 15 years coverage

Buying to stay for 5 years onwards. Which one is better?

How much you borrow,
i have also applied for HLB flexi( mortgage plus) but only given -1.85% for 160K loan.

0.1 % difference in between the HLB ... for sure get the -2 % lo ...
rm 200 .. u can alwiz get it back
(depending on ur loan)

i just went for the HLB blr - %

My loan is 210k.

Firezz, how to get it back?

nono .. what i mean is...
-2.0 and -1.9 using blr rate 5.8 now..
difference is 0.1 % only.. with ur loan of 210K .. per year the 0.1 % of difference.. u can save 0.1 / 100 * 210000 = 210 ...

coz the setup fee is one time onli
unless the locked in period is different but still.. u will be probably be there for another / more than 5 years right ?
you interested in getting loan from ambank

pm u a contact

Seems the offer from HLB is better.

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Yes, I've taken HLB's offer. In fact they just offered me 3 years lock in period instead of 5.

ah ambank's offer not attractive a ?

Firezz, I am taking HLB's semi flexi loan, no monthly charges and no setup fee involve. But thanks for your offer. Appreciate it.

What is HLB's semi flexi loan where no monthly charges and setup fees?
I have applied for HLB loan and there is monthly charge of RM10/ mth and setup fees.
I am also looking for a housing loan. Pls share.
Cheers

The loan that u applied is called Flexi loan where HLB will give a atm card and cheque book for u to withdraw any excess payment that u have made.

My semi loan dont have this facility that is why i dont pay rm10 fee.

any redraw facility if u have made any surplus payment?? each time redrawal how much they charge?? 3yrs lock in 3% exit penalty?? FLD??

If I am not mistaken, there is a charge of RM50 per withdrawal. This will be feasible if you do not make frequent withdrawals.

Cheers

1) HLB Flexi
-2% whole tenure
Lock-in: 5 years with 3% exit penalty
ATM card, cheque book, RM10/mth and one time setup fee of RM200
Optional MRTA

This package seems attractive as well.....

Hi brendanc,
mind sharing how/which branch you manage to get -2% OFFER from HLB? I walked into SS2 branch last week and they could only offer me BLR-1.9% ?

This post has been edited by jazzleo: Apr 28 2010, 07:43 AM

i think u nit to find out from her on how much she is borrowing too...

Does it mean that if you take a higher loan amount, the interest rate will be lower or vice versa?