Hi would like to get some help from all sifu here.


Market value: 550,000
Balance owing bank: 250,000

Current situation:
1. 2 names in SPA, 2 names in Loan agreement
2. Intended Borrower income: ~RM5000
3. Expenses: current house installment :RM1300 (share by 2 name), no other expenses (recorded)
4. Current house is with MRTA

Would like to refinance under one name, with max cash out.

1. What is the cost of refinance? and break down?
2. Is it compulsory to buy MRTA/MLTA again ?
3. How to buy MLTA? can I buy separatelt from the bank?
4. what is the best rate for full flexi, dont care lock or not?

Thanks.