Hi there,

I would like to ask on what bank consider's as a commitment as a whole on a person's financial status ?

Ive just step into Hong Leong, they advise they will consider a person @ RM750 for personal monthly commitments + other commitments

and also just step into CIMB, it will take into consideration of 5% of credit card limits.

i would like to know what are the considered items and percentage like ?

eg :

- home loans - monthly
- personal loans - monthly
- car loans - monthly
- credit card loans - monthly
- credit card limit - 5% monthly
- personal general expenditure @ avg RM750 per individual per month

appreciate your advise and thoughts ..

- this is for own financial health calculation to obtain loan eligibility ..

Thank you for your effort. I have a question here (scenario slightly different with your illustration)

Loan agreement amount in 2007: 280K (Flexible loan)
Outstanding amount as at today: 180K
Valuation as at today: 500K
Question 1:
Based on the new policy, if I refinance today,
- Loan amount up to 35 years = 280K or 180K ? If based on your illustration, outstanding amount is 180K. So, answer for this question is 180K. Correct?
- Loan amount up to 10 years = (500*90%)-(Loan amount up to 35 years tenure)
Question 2:
Based on the new policy, if I settle the loan first, with cash (180K). Then apply loan again right after loan settlement. Can I get 450K loan for 35 years?

Question 3:
What are the cost (amount in RM) involved for Q1 and Q2 ?

Which bank provides best loan rate now?
So far,  I hv checked with public bank, uob, maybank, can only give blr -2.4. Any one know other can give blr -2.45?

Loan amount about rm500k, for 20 yrs, subsales.

Huh? after i setttle loan with cash. Then apply a new loan again, it still 10 years? Are u sure? 

Hi would like to know what is the most competitive rate for commercial loan now? Being quoted at BLR-2.25%, is this good enough?

yep, this figure seems a bit hard.