No luck with my ASW for the past few days. About to give up on this ASW pre D-day harvest. Ha.

Anyone with good ASW catches?

Cheerio.

thanks for correcting my mistake. Sometimes I may get confused with small ASx matters

Nope, I already have a house. I will probably only take up car loan, anyhow... Can someone explain how loan is better than using our own money

I've done quite a bit of googling and it seems there's multiple ways of doing so but I'm still quite skeptical.

Car loans should be no problem.

hope tis ASB Loan thread can help u
https://forum.lowyat.net/index.php?showtopi...76&hl=asb+loans



This post has been edited by davinz18: Aug 13 2014, 06:13 PM

Car loan will affect borrower's total repayment capacity too n tis will appear in BNM Credit Report

Car loans not big amount compare with housing loan, unless u buy Lexus LS

U still dun understand
Not loan amt but total instalment (incl ASB, House, Car, Personal n etc) will affect individual borrower repymt capacity

wah so free, always go queue for asnb fund?

Heard about the incoming school of fish before the D day on 1 Sept and thus made extra effort to test the water. No catch so far. So about to go back to my usual SOP (std operating procedures). Ha.

Free? It is up to one self on sacrificing for things like this. It will pay back handsomely later, trust me.

Cheerio.

Just back from PM and changed to new ASM book, first book already finished all the pages~

grabbed 1.6k~helpful staff!

OMG! one whole ASM passbook finished Me only 3rd page

Anyway congrats on getting the units

LOL I don't even have it

eh I tot u have ASM? don't have ASW & AS1M only

simple comparison between on saving and asb loan. This is not exact calculation. This is one of the method that people use

own saving
-------------
monthly put asb = rm1160
1 year = 13920 + 7% interest
2 year = ((13920 + 7%) + 13920 ) * 7%
3 year ...
4 year ...


asb loan
----------
loan RM200k
1st year pay bank per month= rm1160

2nd year and above, get interest about RM15k. Use that interest to pay bank loan
After 2nd year, u do not need to use your own money to pay bank loan.. just use the interest.


By end on contract, atleast you will get RM200k++

Total investment = bank loan for 1st year = 1160 x 12 = RM13,920

ROI = RM200k++ - RM13,920

calculation for asb loan
-----------
RM15k devide by 12 month = RM1250

RM1250 - 1160(pay to bank) = RM90 extra money

This post has been edited by edex: Aug 14 2014, 03:52 PM

bankers will be happy and smiling widely if they read your explanation

btw, i not a banker.

nobody force u to take the loan.

Well Said

May I know what is the loan interest rate ?? Is it a monthly rest rate ?? What is the tenure of the loan ??

please check with bank maybank, rhb or cimb. I do not work with bank

Now not much fish compare with previous months. I think a lot of people trying to catch the fish now.

I know what u mean. We suffer now & enjoy the return later..