loan tenure?
from developer or subsale?

Insured Tenure = construction period + loan tenure
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.

This post has been edited by kenty: Sep 11 2012, 10:53 AM

You may not take full tenure if you plan to settle the loan earlier or sell it later (eg. 10yrs)

I would suggest you to take an insurance from insurance agent since you prefer MLTA.
a simple non participate 30yrs term insurance with 200K sum insured is around RM770 per year.
If you want to include critical illness, the premium will be double.
or an investment link policy with death, TPD, critical illness & waiver premium upon dianognes critial illness or TPD is around RM1500 per year
But, please get all the plan naration from your agent to know the risk especially for Investment link before you choose the best plan for you.

If you decided to take MRTA & finance it. Below is the additional monthly repayment for your reference

MRTA, 200K, 30yrs, 4.4% interest

Premium : RM4600 (One off payment)
Additional Monthly Repayment: RM23 (RM276 yearly)

This post has been edited by kenty: Sep 11 2012, 03:32 PM

yes, RM276 included interest.
which means you've to pay RM276x30yrs = RM8280 (included interest of RM3680)

---

Added on September 11, 2012, 4:07 pmfrom the amount calculated, most probably as below

RM1020 (not included construction period)
RM2300 (included 3 yrs construction period, which is totally 8yrs)

This post has been edited by kenty: Sep 11 2012, 04:10 PM

then you really have to check with her.
I'm using simulator from ING, giving similar result as CIMB Takaful

unable to attach excel directly.
This is the link
http://www.insured-life.com/ing-home-loan/...g-malaysia.html