https://www.thestar.com.my/business/busines...-for-six-months

what is the best strategy? continue to pay to reduce principle or just stop paying for 6 months?

Thanks for the advise sir. I didn't know about this. But why would they do that? Because other banks I've encountered usually just round up to the nearest ones instead of tens.

any sifus know why HLB loan this month so expensive for progressive interest? i've been paying on time every 1st of the month. there's no disbursement. suddenly it's 600++ from 300+.

edit:
compared and checked all statements and noticed april's payment was used as advanced payment instead of deducting outstanding. i normally pay extra which ended up in advanced payment pool (so i forgot the actual advanced payment i have)
the amount 600++ SHOULD be Apr + May

Has bank disburse partial loan sum to developer if yes then they will already charge progressive interest which is payable unless you have opt for moratorium, non repayment when due will impact your CCRIS record which will be bad in long run

Yes if financially you are good as ultimately will reduce the loan sum, how long to go till the project completion? Btw for Term Loan any additional payment will be treat as advance and will not reduce the interest if not wrong

Is it a wise move to apply few bank loans at the same time?

Husband and wife joint name loan a property 400k,
usually mrta will husband 200k & wife 200k,
correct?

Hi my SA adviced me to submit loan application to 3 banks and recommended mbb cimb and ambank. Can I actually apply more than 3 to compare the interest rates?

Any bank offer free stamp duty legal fee for subsale unit? Loan 650k.

Hi. I wanted to apply house financing from cimb and public bank. Looks like their website is not that user friendly for any enquiries or to submit application.
Anyone knows where can I apply to get the best rate?
Thanks.

Anyone on HLB? Mine still got nothing in arrears. All in advance even though i keep paying. On the web it says to opt out of moratorium just keep paying. Is this normal?

I see. Did not receive any. Asked the banker and said its normal. Which isnt i guess. Because as i know its auto. Ahh....

I jumpa banker straight with payslip and EA..

now which bank can accept outside MLTT?

So far even to find bank that accept MLTT also difficult how to find bank that accept hibah / term insurance?

theoretically optional.. but some bank still insist for MRTA if not different rate la loan not approved la cannot get 90% la.. etc.. etc.. hence my question on MLTT.

Let’s say I have a credit card with limit of RM15k, my credit card statement date is 5th of every month, statement due us 25th.

If I swipe RM10k on 3rd of the month and my cc amount due is 10k on statement date, will it show up in my CCRIS? what if I pay fully before the statement due, will it still appear in CCRIS?

Asking this to avoid any chances of affecting my credit score during loan application.

Hi all sifus,
I have a question regarding the Flexi loan (either semi/full). In the case that the loan amount is 950K, and I intended to reduce the principal amount to 850K after VP or full reimbursement of loan amount.

Would like to ask am I allowed to do so or it can only do that after a certain years of serving the loan tenure?

Reason being that there are cash rebates from the developer after VP and I would like to use that to reduce the principal amount so it's able to lower down the monthly instalment amount as well.