[WTA] How to calculate MRTA?, How do we calculate this?
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 Sep 12 2012, 11:15 AM
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Junior Member
97 posts Joined: Sep 2011 
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QUOTE(CcL @ Sep 11 2012, 04:44 PM) Yeah thanks for your link btw! Could you also give us the link for the ING simulator? Much appreciated! unable to attach excel directly.  This is the link http://www.insured-life.com/ing-home-loan/...g-malaysia.html |
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Oct 18 2016, 03:10 AM
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Senior Member
9,616 posts Joined: Dec 2013
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QUOTE(kenty @ Sep 11 2012, 10:52 AM) Insured Tenure = construction period + loan tenure Hi sir, sorry for necro this post but do u mind to share the mrta calculator link for me? Tqvm.Definately premium higher for developer unit eg. 200k loan, 10yrs tenure, 4.4% interest, apartment Subsale: 1304 Developer: 1866 (construction 3yrs) eg. 200k loan, 20yrs tenure, 4.4% interest, apartment Subsale: 2848 Developer: 3494 (construction 3yrs) eg. 200k loan, 30yrs tenure, 4.4% interest, apartment Subsale: 4618 Developer: 5500 (construction 3yrs) i use the simulator from my insurance agent. you can actually get the calculator online. |
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Oct 12 2017, 06:50 PM
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Senior Member
3,578 posts Joined: Apr 2006 
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Hi guys, sorry for reopening this thread but which do you think is a better deal for the following offers:
PBB (semi flexi with mandatory MRTA financing for 13 years) processing fee 212.00 monthly service fee: n/a indicative valuation fee: ~1400 rate: 1st year 4.10% (fixed) subsequent: BR(3.52%) + 0.70% =4.22% MRTA: need to take coverage of 13 years of 451000.00=7997 Total=458997 1st year=2220.00 (12 months)=26640 Subsequent=2250.00 (348 months)=783000 Grand total for entire tenure: 811252 HSBC (full flexi): processing fee 212.00 monthly service fee: 10.60 (4070.40 for 32 years) indicative valuation fee: 1634.20 rate: BR(3.64%) + 0.76%=4.40%=2229.92 (384 months/32 years)=856289.28 MRTA: not mandatory Grand total for entire tenure: 861993.88 |
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Nov 15 2017, 03:59 PM
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Newbie
2 posts Joined: Nov 2017
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QUOTE(steve88 @ Sep 11 2012, 09:41 AM) Hi lyn members, I signed a loan offer letter recently and during the session, my banker advice me to take a house insurance. So he suggested either MRTA or MLTA. According to him, MLTA have to pay monthly or yearly where else MRTA only pay once. So i decided to pay MRTA instead sincce i cant afford the monthly payment of MLTA despite the benefits of it. But im not sure how to calculate MRTA. Can anyone show me? Heres my details. Age : 25 years old Loan: RM250000 Thank you. |
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Nov 15 2017, 04:02 PM
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Newbie
2 posts Joined: Nov 2017
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Hi...i have more details on MRTA MLTA.most of my clients choose MLTA.
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Feb 21 2019, 10:33 AM
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Junior Member
577 posts Joined: Feb 2017
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anyone can help me where can find online or offline MRTA calculator? I really can't find it rite now! Help me!
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Mar 27 2020, 08:43 PM
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Senior Member
1,458 posts Joined: Jul 2011
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QUOTE(BullishBear @ Feb 21 2019, 10:33 AM) anyone can help me where can find online or offline MRTA calculator? I really can't find it rite now! Help me! Bump...i also need MRTT calculator |
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