what is the ASB loan interest rate?
This is a Skim Mesti Kaya for Bumiputera ver limited downside.

u will get the 30K in full at the end of 25 years...in addition, you are entitle for the dividend and bonus every year until the 25th year...

If you still insist on getting your RM52,500, why don't you have monthly salary deduction of RM175 for ASB (confirm you get RM52,500 after 25years). Just go to ASNB office & ask them about the salary deduction thing. 

to make everything simple, let's make a few variables as constant. they are:

1. ASB return @ 8% / yr
2. BLR fixed @ 6.85%
3. BLR - 1.85% for the whole loan tenure

whatever the amount and length of loan you choose, you will definitely earn:

8% - (6.85% - 1.85%) = 3%

to answer your question:

1. Yes & No. depending on your financial commitment. if you take an ASB loan, your chances to secure a housing / car loan in the future may or may not be affected by your existing ASB loan

2. you haven't included the loan interest amount. this means that in the 30 yr tenure, the total interest is 22,500 for a 30k loan. in contrast with your ASB investment:

Assuming that you do NOT disturb, i.e. take out any dividend earned:

Year Total
1 30,000
2 32,400
3 34,992
4 37,791
5 40,815
6 44,080
7 47,606
8 51,415
9 55,528
10 59,970
11 64,768
12 69,949
13 75,545
14 81,589
15 88,116
16 95,165
17 102,778
18 111,001
19 119,881
20 129,471
21 139,829
22 151,015
23 163,096
24 176,144
25 190,235
by year 25, you'll have 190k

in contrast with the 22,500 interest charged, you earned a nett sum of rm167,500 over the 25 years
edit: changed the years from 30 to 25

As someone mentioned before, why no auto-deduct rm 175 per month until 30 years? let's make a comparison for that (this is a very simple and not too accurate calculations, i can do a more accurate one, but it takes my time, and someone hs to pay for my time)

assuming all variables remain constant, and RM 175 x 12 = RM 2,100 per year is added

1 2,100
2 4,368
3 6,817
4 9,463
5 12,320
6 15,405
7 18,738
8 22,337
9 26,224
10 30,422
11 34,956
12 39,852
13 45,140
14 50,851
15 57,019
16 63,681
17 70,875
18 78,646
19 87,037
20 96,100
21 105,888
22 116,459
23 127,876
24 140,206
25 153,522

you'll end up with 153k at the end of the 25 yr tenure, vs 167k if you take the loan

of course this is just a simple variable, and hasn't included the real life calculations of taking the lowest amounf of the month into the dividend calculation (which will make the final amount lesser)
edit: changed 30 yrs to 25 yrs calculations

Correct thread for ASB but wrong thread for ASB loan 

https://forum.lowyat.net/topic/667676 (ASB loan Thread) 

if u do have asb loan and u pay it promptly, it will make your ccris record nicer and asb loan wont be counted during your monthly commitment calculation

From my understand most of the bank would ignore the ASB as a monthly commitment as they knows that the dividend incomes is enough to cover it.
Banks pay more attention to mortgage/ credit card/ personal loan commitment.

1. bank will take your ASB loan as one of your commitments, so you will have reduced limites

2. u got it wrong. the bank will issue you an ASB CERTIFICATE worth 30k. they will HOLD the cert for you as collateral against your loan

2.1 yes. 137,500 is in the form of dividend, in your acc while another 30k is in certificate form

2.2 see my no 2. they will surrender the cert to you once you clear the loan

1. you will have more difficulties  or maybe easier to loan

for most cases, your available nett income is lesser after minusing your loan, so you will have lower loan limit

for my case (isolated ones), servicing the loan lets other banks know i am a good paymaster. it's not a matter of being able to afford the loan or not, it's more like if you can have loan history or not (they call it credit profiling)

2. see my first sentence from my first reply. whatever you do, having the loan will earn you additional +3% should all variables remain

cons? mayhaps you default the loan due to suddenly being unemployed or something.

ur book will be written as RM 10

ur 30k is in cert form

when dividends come, it will be based on RM 30,010

the dividend will be refelcted in your book

the cert will be 30k from day 1 until year 25

the loan must be more than 1 year than u can ignore it. ASB loan will come with special codes in CCRIS so we know when to ignore it in the commitment

this is new info. can you confirm it?

although i've seen a few cases where a person with 200k asb loan over 20yrs can still manage to get a 300k home financing

i can confirm that lasb under mayban islamic, there is no locking period anymore

however, under mayban conventional, there is 2 years lock-in period..

that's good. it means they have processed the loan. just the paper documents will be on their way.

Yes.. Good to go.. 

docter, what's your interest rate for the loan? tenure?

RM 30,000 | 25 years | RM 175 + RM 5/month | BLR - 1.65% bagi keseluruhan tempoh pembayaran.