Hi sifus. Need some evaluation. 29 years old. 3560 nett per month. Already worked for 6 month (new company). Previous company 3+ years (2.3k nett salary). Current commitment 265 personal loan, 9 month left. And PTPTN, 74 per month.

Got another credit history with AEON Credit, personal loan 5k, and hire purchase loan (motorcycle) total around 23k, both fully settled last month. No missed payment for this past year.

Is it possible to get a loan of 427k (90%). Or its out of my eligibility. First time home buyer. Thank you.

looks okay to me for 90% loan

Oh thank you. But already got 1 result, from Affin Bank. Rejected. Haha. Waiting for others.

This post has been edited by hadith_corner: Feb 20 2019, 12:26 PM

Hello everyone

May I know what's the current rate to refinance a house? Is it still at 4.4%

My current home loan with MBB is 4.48% with outstanding cost of financing at MYR890K+. A google search show My property is valued at MYR1-1.15mil.

I'm looking to refinance for lower interest rate only. Not interested to cash out.

if it's already 4.48% then you won't be saving much on interest, not to mention you incur another loan agreement fee just for that.

I figured as much.

Just wondered what the interest is these days and also the fees involved to refinance.

Hi there,

I had my first housing loan with HSBC. If i engage HSBC for my second housing loan, any special rate given by the bank?

No

My employer give us privilege to pay the interest of housing loan to make it maximum at 4%. They will pay the interest different of our housing loan than the 4% e.g. if interest is 5% they will pay the 1% difference. My question is, which one is better, to take loan with fixed interest or those flexible that depends on BLR? At the end they will still pay but obviously if the rate go below 4% not much benefit i can gain.

if you plan to stay in that company forever, it doesn't matter what type since they are paying the difference.

If you're resigning somewhere in the future then you got to see what's your prediction whether interest rate will increase or not, whether fixed is better or fluctuating rate is better.

If there any finance institute give > 100% housing loan ?

i think this one...you can try to get evaluation report to show the property price is higher than your purchase price...then you take 90% loan.... from the evaluation report value...

hi all sifus, want to ask
if i bought a house, and i sold it. Now i buy another new house, is this still consider my 1st house and i get all benefits like 1st house owner? Thanks!

no, 2nd house

No, you won't benefit 1st house ownership benefits/

Hi, got any banker here. I'd like to ask about refinance my house to pay off my debt. Kindly pm me. Thanks

Hi all, I would to seek some advise to refinance my housing loan, wish to save the interest and know what is the BLR rate in the market


Housing loan 1:
Loan amount - 120K
Tenure - 20 years
Loan remaining - 72K
Housing loan rate - 4.77



Housing Loan 2:
Loan amount - 462K
Tenure - 40 years
Loan remaining - 426K
Housing loan rate - 4.57

This post has been edited by ykchia03: Mar 6 2019, 11:30 AM

House 1 4.8 - 5%+
House 2 4.5%

House 1 BLR rate is 4.77

House 2 BLR rate is 4.57




Is this the best rate in market?

market running on BR + SR now, so I can't tell you whether its great or not, you have to calculate your BLR - % = the effective rate