What kind of interest can I get for Proton X50?

Clean CCRIS, recently got housing loan approved at 2.9%, stable employment.

I am thinking 7 or 9 yrs.

Thanks!

Cimb offer 2.33%, 9 yrs, 84.5k, X50

Is this a good deal?

2.24%, 9 yrs, 84.5k from Affin Bank Bhd for Proton X50 Executive variant.

Is this a good deal?

I got for the same loan amount/period/car, 2.32% from KFH and 2.33% from CIMB Bank.

This post has been edited by contestchris: Mar 20 2021, 02:13 AM

Is 2.24% from Affin for 84k, 9 yrs for X50 considered good rate?

2.24% | 9 yrs | Affin Bank | RM84.5k | Proton X50 - Executive

Decent?

I believe OPR went up in early May 2022 so car loan rates would be up around 0.10% - 0.15% across the board. Correct me if I'm wrong guys.

This post has been edited by contestchris: May 29 2022, 11:44 AM

Yes it's paid by SA. If not don't take it. Either banker doesn't know shit about what they're talking or something is amiss.

Guys I'm pretty sure if you actually signed the doc (with validity of 3 months from date of offer), the banks can't change the rate.

Unless:
1) You DID NOT sign the doc
2) It's been > 3 months from the date of the OFFER

Correct me if I am wrong please.

EDIT: Sorry I look back at my documents for my loan from Affin Bank. The validity is ONE MONTH from the date the offer letter is issued. I incorrectly stated it is 3 months above. 3 months is usually the time frame the loan to be auto extended, but the bank CAN change the terms if needed, including raising rates.

This post has been edited by contestchris: Jul 29 2022, 11:28 PM