Bank can change their rate at anytime now, not required to follow the opr

yes, i also did some digging only find out in january 2019, they raise their br by 0.1, same as bank islam rhb and cimb, without even informing the loan borrower. thats why i find it weird why this may -0.25 only reflect on my loan as -0.15 because they secretly increase 0.1 by january.

is not even shown in any newspaper. googling only give me few result return on the increment.

Just call the bank to check if you're not sure

1. What is the current interest rate for hongleong mortgage plus, my hongleong contact give me Property loan amount RM500K – RM1mil : 4.25% and M1mil and above : 4.20%
2. What other full flexi home loan similar to hongleong mortgage plus that has offset the interest?

This post has been edited by agusid: Oct 16 2019, 04:00 PM

around whatever you've mentioned

Thanks for reply
Do you know if other bank offer similiar as HongLeong Mortgage plus?

RHB, MBB, PBB, CIMB

Hi dear LYN forumers
I would like to ask for opinion because im stucked with 2mortgage loan offers and couldn’t make decisions on it

Both 35years term

MBB- 3.0+1.22= 4.22
MRTA 100k for 5years, premium RM 385
Loan total 343k, monthly installment Rm1568
Semi flexi loan

RHB- 3.75+0.45
MLTA 330k for 16years , premium RM 7100
Loan 350k, monthly installment Rm 1592
Fully flexi loan
*agent claimed rm0 withdrawal fee, no monthly fee, no set up fee*

Which one is better to choose, fully flexi or semi flexi?
Would appreciate if anyone can offer me some advice.. thank you sifus 🙇🏼‍♂️🙇🏼‍♂️

Hi may I know why ur MBB only MRTA 100k for 5 years? Do you top up from previous "MLTA" policy?

I was offered by both MBB and RHB but RHB premium is higher due to their "MLTA" that can be transferred to new property.

I requested for lowest insurance package in view of overspent
Plan to get external insurance that time and for comparison with rhb with full insured

If you’re planning to get insurance with the bank, ensure it’s on the same as your loan tenure otherwise the coverage may fall short.

Hi all,
Currently wanted to apply loan 90% for RM574k.
Gross about RM5200
PTPTN: RM112
Credit Card: RM4000 (converted to monthly payment)

Can it be approved? what interest will i get?

If its' based on 35 years loan, should be okay.

Lowest is 4.15% depending on your credit score and overall profile.

what bank is good to get that 4.15% interest?

Thanks for the reply.

PBB, MBB, HLB

I having a old credit cards which convert into term loan.

Is there any chances for me to approve a home loan if my DSR and payment behaviour is good?

No issue, as long as repayment is prompt.

How about hire purchase?

It will be considered as part of your commitment

Hi, i have been informed by PBB that if the money not fully released to the developer, I can only pay the interest. Means I cannot pay more to reduce the principle before loan actually start?

thanks.