just get a loan reject from Maybank. Maybank require 10% downpayment amount in saving account or investment.

For example, property price is 500k, 10% downpayment is 50K and Maybank required equivalent 50K of saving/investment is available

Loan amount: Rumawip 278k
Tenure: 35years
Spread: BR + 0.7%
Age: 25

Normal?

Hi all, this is my 1st property purchase.

Total loan amount: RM520k
Suddenly today my loan account reflecting
Total amount payable: RM200.
Principal outstanding: RM27k
Payment due date: N/A
My property still currently under construction.
May I know what do the figures above mean? Do I need to start paying right now? Thanks!

So I need to pay the 200 only or the 27k too?

Guys, I got a question. Let's say I got 100k, house property 700k, semi flexi.

Option 1:
Take 100% loan, then put in 100k to principle, to reduce interest.

Option 2:
Put in 100k, then take 600k loan.

Will both be the same repayment? Or which 1 better? I don't want to pay so much interest for bank.

Hi Guys,

MBB

90% loan :  RM456,120
MRTA : RM2,081
Total loan amount: RM458,201

Interest rate: 3.10%
Loan tenure: 35 years
Installment: RM1790

MRTA is cover for 50% loan (RM228,060) , cover for 10 years

RHB

90% Full Flexi Loan
Loan amount: RM456,120.00
Insurance: RM18,234.00 (CLTA RM300k, 30years)
Total Loan Amount: RM474,354.00

Tenure: 35 years
Interest: 3.15%
Installment: RM1,866.00

any advise or which one you guys prefer?

question on HLB
https://www.hlb.com.my/content/dam/hlb/my/d...re-sheet-en.pdf

Interest is calculated on the Eligible
Outstanding Balance, which is the difference between the loan
outstanding balance (inclusive of charges) (“Outstanding Balance”)
and the Advance Payment or up to 30% of the Outstanding
Balance, whichever is lower.

means extra money pump in only can save up to 30% of the intereset?

advance payment means extra pay for principle reduction?
what about  pre-payment? prepayment will not save interest?

Hi all, Im getting a loan with MRTT from a bank and I would like to exclude the MRTT and plan to get MLTT from insurance provider. But the bank said the rate will increase a bit 0.05% if not taking the MLTT from them (they also have MLTT to be offered).

Is it ok for me to take MLTT from insurance provided with the increased rate? Any suggestion? Thanks in advance.

Mrtt offered not covered tenure years of 35 years. That's why I plan to take mltt

After loan approved do you have to start paying every month or only when VP? Sorry for noob question.

Hi all

First house - HDA residential 90% loan
Second house - HDA commercial serviced apartment 90% loan

If i go for third housing loan, max LTV 70%? Or can go up to 80%? I see many quote third “residential” properties

Thanks

Hi all,

Just got offer from my banker/scb.

Loan sum: RM500k
Effective rate: 3.1%
Tenure: 15 years
Instalment: RM3,477
Full Flexi (no capping)
No lock in
No MRTA

He said can give this special rate because loan below 80%. Good to go?

Is it a good idea to have a shorter MRTA tenure? 17 years instead of 30 years? I feel like I don't know what I don't know when it comes to the pros and cons.

Good morning all boss

I would like to ask Maybank semi flexi loan users, your interest rate reflected but the payment amount no change is it ?

Have to calculate manually or anybody knows when the Maybank will reflect the updated amount

Hi sifus,

Managed to grab a loan for a purchase of a sub-sale, all this banks give green light for eligibility, wanna ask how do i make a comparison between housing loans ?

HLB
AB
PB

When looking for housing loan offer, do you guys let the property consultant/developer find for you or you still approach the banks personally?

Hi all. I just got offer from RHB ISLAMIC BANK,

Loan amount 300k
Insurance Mrtt: 13,335 (cover 300k for 35 years)
*Total financing amount: 313,335*
Loan tenure: 35 years
Interest rate: 3.85%
Monthly repayment Rm 1360

Does this a good rate?