40 years.. i will prefer drag the longest.. then if got $$ then put more inside since its semi flexi loan
duwan 30 years then every month have to pay alot.. end up kenot pay.. kena penalty~

40 years... errmmm....end up pay almost rm800k+ to the Bank...

pbb allow 40 yrs?
Yes, who knows kena lottery, then can settle this loan and get 2nd property tomorrow.

1. yes..the formula will calculate ur monthly repayment for the whole tenure of your loan
meaning u need to pay rm1956.07 every month for the whole of 30 years loan (max)...unless ur flexi loan savings kick in n reduce the interest..

2. column f calculate ur daily interest rate..at end of 1st month, ur monthly interest is rm1400++, but u paying rm1956.07
that mean rm1400++ goes to pay interest and remaining rm500 goes pay ur principal (rm400k)...

if u wan to have the excel sheet, u can pm me ur email if u dont mind de...
if u ok, can also gimme ur msn / hp #
wahahaha

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Added on July 11, 2011, 11:51 pmthe strategy is...maximize ur loan tenure...increase ur cash flow...
this u teach me de...

This post has been edited by joeekh: Jul 11 2011, 11:51 PM

2. rm1400++ for interest? rm500 for principal? so much diff? so exp of the interest been charged?

hey boy, u think u gonna explain to me on phone on this complicated maths calculation ar? I will

yes..during initial stage..u will pay more for interest...less for principal..
the longer the time, u will pay lesser for interest...more for principal...
in a short..the monthly repayment u pay is same...rm1956.07...
but monthly accumulated interest will be lesser..
once u do the math, u will understand...

ah girl...me jz finding an excuse to ask for ur hp#...

That's sound interesting, will get one portfolio done for myself.
hey boy, that's need to ask my kids's permission

yala yala..
go ask ur '2 kids' la..
once hv the permission liao..pm me ur email / msn / hp#....

When ur turn into color wolf like cutealex ar?!
Even though i'm not a little girl anymore, still, will frighten me away one.

haha.. i won't stick to the loan repayment schedule geh.. once i got extra i will dump in

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Added on July 12, 2011, 12:19 ampbb allow ah.. i got mine 40 years hhehe
i fong hei lottery liao
i bought so many times
satu pun tarak kena tipu duit one lol

This post has been edited by CKHong: Jul 12 2011, 12:19 AM

oh....
good ah...
ppl help u..u say me like that...

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Added on July 12, 2011, 12:24 ampbb no good....
then only loan me 90% of discounted price..


This post has been edited by joeekh: Jul 12 2011, 12:24 AM

haha, this no use on me lo.
Anyway, u r a good one, helpful one! Thx a lot.

No roof garden then its like a flat

hahaha..
seriously..pm me if u want the excel sheet...

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Added on July 12, 2011, 12:31 amnt neccessary de..
flat dont have swimmng pool n all the facilities....

This post has been edited by joeekh: Jul 12 2011, 12:31 AM

oh oh.. is it every condo.. will have roof garden ?
sorry.. noob here.. doesn't know the definition of condo

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Added on July 12, 2011, 12:37 amhear u say say har.. u correct also
if no roof garden means flat..
then in malaysia.. alot condo have to change name to flat lur ~

This post has been edited by CKHong: Jul 12 2011, 12:37 AM

Thx first, will pm u soon then

yalar...
garden thus concept only 'hit; these few years nia..
last time condo dont hv garden also mah...

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Added on July 12, 2011, 1:03 amok..i wait for ur pm then...

This post has been edited by joeekh: Jul 12 2011, 01:03 AM

Joeekh, u think does leasehold or freehold matter?
( pulling the topic back)

if u plan for own stay n stay long long time..then shud nt be issue
bt make sue lease period is > 90yrs..
bt then again most ppl after stay 1 place long time, they will think of changing environment..
when u move to new house..u will want to sell old hse..
bt old hse + leasehold = small market value..
bt can be offset by rent out old hse....
sorry..too open ended liao..

in a short...i wont too mind...

This post has been edited by joeekh: Jul 12 2011, 01:20 AM

but if can choose.. go for freehold lur ~ easier to sell..
or if u plan to rent it for next time[not selling]
save your child $$ as they don't have to fork out money to extend the period