Yes, will do.

So, now what oh? 308 Turbo?

Nice offer!
Congrats neighbour.
Mine, OCBC just called, pending final approval. Should be out in 1-2 days time.

You did buy what you like kan?
No worries la.

Natman kor,

I applied leh.
No news yet, because I had to submit some follow up documents on Monday.
Why eh?

Hopefully.

Hahaha, RHB memang no lock in, but their DSR is quite low, so not many can lepas at RHB.
And, surely, CY financial / credit standing strong lo.

+1

Wah, Robert more LKS fansi than us..
5 choice didnt get also still buy - very impressive.

Oh Okay, sorry, end up you buy which one lo?
I forgot.

Congrats.

Its Luzento or Lucento?
What was the price of Lucento and the BU?

It is possible that no maintenance fee = semi flexi
Because, full flexi means cheque book and monthly rm10 account maintenance fee.

Need to check lo, I left RHB long time back, dont know whats happening now.

Yes indeed.

For Full Fexi: You will have a CA and SI is made to debit your account monthly, so payment is made to CA and not your housing loan account. Hence, the account maintenance fee of RM10, nowadays bank charge SI fee of RM10, but this is for setting up the SI, not monthly - so, bank is ripping us off. But, if they dont rip us, I wont enjoy >1/2 year bonus, so cannot complain.

For Semi Flexi: Only 1 account is created, housing loan account - in which division is created - one is Advance Payment and the other is Capital Payment. I am relating this to OCBC as I have little knowledge on how all banks work. But, banking system / framework is roughly the same so, they all should be somewhat practicing similar methodology, at least in theory.

So, if you deposit just your monthly repayment amount, then no issue, but if you pay more than what you need to, say, instead of RM3k, you pay RM4k. RM1k is excess and this is considered as Advance Payment, so, the next day interest calculation will be: (Total Loan - Total Installment Paid - Total Advance Payment) x Interest, so effectively, you pay less interest. But, this advance payment is no longer withdraw-able.

But, if you pay instead of RM3k, RM10k, excess of RM7k is considered to be Capital Repayment, so, next day interest calc. is similar to advance payment method: (Total Loan - Total Installment Paid - Total Advance Payment) x Interest, so effectively, you pay less interest. But, this capital repayment is withdrawable.

But, in semi flexi case, withdrawal can only be made over the counter (OTC) and not by issuing cheque such as Flexi account. U pay for the convenience lo.

Kancil is her market car lo..

Yes, first drawdown for HLB.

All banks max is 35 years, they can only play with MOF.
MOF is based on risk appetite and DSR, banks can tweak that, but not the tenure.

Edited, since Sam kor said, he's max 30 years.
Unsure, have to check further, update if i have more info.
Thanks.

This post has been edited by darween13: Oct 23 2013, 05:49 PM

Sure eh?
Mine is 35yrs, i just called Chris the banker.

RM10 for each withdrawal. Not so high lo.

So, my understanding is correct la.
BNM rule states that all banks can offer max 35 years or 65 years, whichever comes first.

Yeah, I am 28 this year. So, eligible for 35 years.