second hand recon. 2005/2011
my one 3.42% for 7yrs with pbbank. is it high? huhu..

This post has been edited by wayfeel: Oct 16 2012, 06:42 PM

oic , i had no idea . but it good to know tho. thanks man

i see the majority of ppl take housing loan of 30 years.

i think should keep it max at 20 years loan tenure
if one cant, that means u r not able to afford the house. try renting.

double of that salary means 4k x2 = 8k so u r earning 8k and drive a viva with a 9 years loan...lol idk how much is a viva, say, 40k, 9yrs HP is roughly rm400pm.

may i ask how much property u have? u must at least have 3-5 properties to be allowed to say the above. ive a friend who earns 3.5k pm, has 2 apts x rm150k each and a rm1.2k pm car incl fuel. ok, he got no saving.

if u earn 8k pm, drive a viva, has no properties...then either u have no higher expectation in life (one such as pursuit of better quality, better safety) or bad financial management lol no offense just for discussion ok. if u spread how u manage ur 8k pm income into investment ,im more than happy to learn from u cheers



This post has been edited by wayfeel: Oct 20 2012, 01:07 AM

many more financial challenges...financial challenges never ends...it's how u manage them...if u submit to that, u may as well earn 12k or 20k n still choose to drive a viva, which is just four wheels to u. n just live in a 120k flat because like any other 500k terrace house as long as it has roof for ur family n rooms for ur kids its enuf because there will be more uncertain financial challenges ahead. thats based on the standard u advised.

actually u got me completely wrong. i was being sarcastic to the guy below lol meaning i dont quite approve what he said hehe

i get a HP loan approved last week at 3.42% for a 1yr recon second hand car. then the bank say got mistake n need a gurantor. omg. then i discussed with the officer on the phone, finally i submitted few more documents and eventually it got approved again. but with a revised rate of 3.3% but i didnt ask the officer why because i scared it is another mistake again ( i wudnt want a lower interest , a mistake lol) but definitely very curious.

my dad said myb the bank negara revised (quarterly, or periodically) the overal car hp interest but im not sure. i wonder if anyone here can shed a light for my curiosity. thanks.



This post has been edited by wayfeel: Oct 23 2012, 09:11 PM

#4 he owns the bank.