Principal RM292,500
Tenure 35 yrs
No MRTA
Rate 4.6%

Can the rate get lower? Was told by banker that this is the usual rate for loan amount below RM500k.

Yup, kind of curious.
Up to now, all these BR +Spread / relative profit margin still does not have any clear defintion and probably dictated by the individual banks.
That's why I'm still a bit sceptic and confused at the same as of which bank to choose.
One more question, I'm not sure whether this is the correct thread.
I just would like to know if we are buying a property from the developer and the construction is still in progress, we are required to pay for the interest during the construction.

How does this go about?
Does this interest amount goes through the bank via loan or we need to pay the interest on our own to the developer?

Appreciate some feedbacks.

Thanks.

if i want Rm1000 monthly commitment 35 years loan, what is the house price range ?

hi all , is it true if loan lower will get higher interest rate? im talking about under 300k property. can i know which bank offer lower interest rate as of now? current option
CIxx bank, PUxxxx bank, and Mxx bank.

Another noob question here.

I was wondering whether it is ok for us to sign SnP (for new property) prior to choosing the "best" bank that is in progress in preparing their LO letter?

Thank you.

Hi, yesterday went to look see look see new project by MKH. End up...place a booking fee plus signing the SnP. Now looking for bank for the loan.
Ya, i signed the SnP on the spot to get another 1.5% discount.

House selling Price = Rm 669,000/=

(-) 8% on selling price
(-) 1.5% on Sign SnP on the spot
(-) 1% loan legal
Total discount = 10.5%
Free Legal

House Nett price = RM 598,775/=

So far Submitted Maybank and HL Bank.

Any bank to recommend??

Thanks in advance.

I'm going to buy property price RM370k for 35 years loan tenure.
Anybody knows best rate offered by PB for this amount?
And normally how much I need to pay the bank loan legal fees? (Islamic)

I'm planning to refinance my existing house with market value approximately 900k for bare house. I did some renovation which cost me around 150k. The house was purchased in early 2012 for rm600k and current outstanding loan is about 530k.

As I know (based on my reading early last year), cash out on refinancing can only financed up to 10 years only. is it still applicable? heard about only approval stage need to pass the "10years capability requirement" but repayment can be made for 35 years. Again, is this still applicable?

Put aside concern on my income and commitment, how much approximately the refinancing amount could be? which bank offer better rate?

cheers

thanks for your prompt reply. how much % of commitment bank allow nowadays?

Just wondering for loan of RM1.1 million, what kind of interest rate I should expect?
Also if a bank offer 4.xx rate, can I negotiate lower rate and how long will it take for them to reconsider?

Which bank get loan easily? Not strict type..

My concern is afraid later not approve...sure prefer lower interest...PBB good?

Hi, I'm looking to take out a loan for a commercial property. What is the best LTV i can get? 90%?

Property price is about 220-230k.
What would be the best rate that the market can give for such a loan, and what bank?

TQ in advance

But i will do joint loan

Hi guys,

i'm in the progress of signing a LO

Hope some sifu here can enlighten me

Bank A= BR 3.2 +1.25 =4.45
Bank B= BR 4 + 0.45 = 4.45

Understand that BR might/might not change every 3 months.

So which bank should i take?

Thank you

If need I will whatsapp u based on the number stated there?

Inclusive of MRTA...

As both bank offer different price for MRTA

I don't think is good to mention which bank

Hope you could assist me on Bank A or B

Thanks for your reply! How about land loan? For say, agriculture or residential land.

Thanks!

Both coverage same protection value but paying different premium

Bank A= BR 3.2 +1.25 =4.45 (MRTA cheaper than Bank B)
Bank B= BR 4 + 0.45 = 4.45 (MRTA higher than Bank A)

Hope you could enlighten me which should be the best option

I'm sure this will be a regular issue that facing by every borrower