hi banker,

i wanna do refinance my house. buy subsales 2014. now 2019 wanna do refinance can or not?
currently with mbb 4.2%

What's your purpose of refinancing ?

cash for ASB. izzit worth it?

If returns are consistent at 6% then yes

my current loan rates are 4.35% and 4.25%, is there any way to lower it other than refinancing which may involved legal fees etc??? call banks to ask for lower rate?

Hi all, currently i have 4 bank offers for a subsale unit as follows:

Loan Amount : 630K
Loan Tenure : 30 years

1) PBB : 4.15% (3.52%+0.63%) with RM 8,035 MRTA for 2 person (RM500K Sum Insured for 10 years)

2) UOB : 4.25% (3.86%+0.39%) with RM 5,832 MRTA for 2 person (RM315K Sum Insured for 10 years)

3) MBB : 4.2% (pending for approval) MRTA minimum half tenure & half coverage to be taken for the offered rate

4) HLBB : 4.2% (pending for appeal) no MRTA requirement but advance payment cap at 30%

What would be the best option to go for? Appreciate your sharing with me, thanks.

Hi sifus,
May i know what are difference between public bank Equity home financing-i and publib bank ABBA homesave financing-i?
I was offered the first type.
Thank you

Just got offer from PBB loan for 32 years, house value 720k. 4.15% interest.
is 4.15% lowest now?

yep

thanks.
then don't need wasting effort looking for other bank

usually will they give any free gift? free legal perhaps?

As far as I know. No such promo now

Will the OPR drop soon? There are articles mentioned another drop in OPR soon. Good to get the loan now and enjoy a drop ?

My current Loan:
BLR

After recent -0.25% adjustment

HLB: outstanding RM 239k @ 4.54%
OCBC: outstanding RM 540k @ 4.36%

Can you advise what i can do?
It seems high compared to current offer.

This post has been edited by Deathscythe@@: Aug 22 2019, 10:04 AM

I too gotten offer from PBB 4.15%, loan amount ~300k. Just to confirm with others, the agent insisted me to take MRTA. Anyone managed to get this loan rate without MRTA?

nope, MRTA is required for the promo rate.

May I know what is the fee incur for refinancing? Can we get the same promo rate?

Loan agreement which is about 0.25% of the loan amount

Promo rate only applicable for new purchase. Refinancing interest is normally higher

Hi all sifus please help. Both bank offering 4.35% for 215000 House Loan


PBB
BR 3.52 + SR 0.83
Tenure = 35 Years

HLB
BR 3.88 + SR 0.47
Tenure = 33 Years


Which one is better?

This post has been edited by kuanz: Sep 30 2019, 07:01 PM

Either 1 is fine.

my loan agent told me when i sign with hlb it was 4.03+0.52 but then government change so their br become 4.13+0.52, then now drop 0.25, so become 3.88+0.52.

can bank br change without bnm change their opr? i didnt even know bnm announce increase of 0.1% opr at all

This post has been edited by darkterror15: Oct 1 2019, 07:24 PM