guys this what bank offer me so need some advice

RHB
-3.9 %
-MLTT for 30 years (insured 760k)
-RM10/month mainteneance fee

CIMB
-4.1 (but maybe can get 4.0 he say after talk with manager)
-MRTT for  30 years (insured 500k+500k me n wife name)

both is full flexi with no capping
this is for own stay
which one is the best choice my concern is between MRTT and MLTT?

I'm getting 3.85% from multiple banks - HLB, PBB, UOB and MBB.

RM815k at 35 years

Is this the absolute lowest? Have the banks pakat not to go any lower?

Thanks, is there any rule apply after VP start paying actual instalment, after how long only can do refinancing to other bank? Purpose is because better interest at other bank.

if we get a housing loan of RM500k in Full Flexi-loan arrangement and we put in RM500k in the flexi loan account, is that allowed ?
Will interest be low or zero on the loan amount ?

Thank you sifu for your input.
Should I reduce the loan amount to 650k and put in more deposit for higher approval chance or directly apply 700k?

anyone know the difference between RHB full flexi vs PBB full flexi?

Does bank deduct a certain % from our share margin outstanding?

I got the following offers so far. For all of this, I have made official submission, and they're all captured in CCRIS.

S&P Price: RM901,888
Land classification: Freehold
Status: Under construction (3 yrs)
Margin: 90% @ RM811,699
MRTA: Self-finance @ Lowest Possible Coverage
Type: Conventional loan (i.e. non-Islamic)

PBB: (Approved) 3.85% with MRTA of RM3,300 (RM500k @ 5 yrs)
MBB: (Approved) 3.85% with MRTA of RM6,388 (Full amount @ 10 yrs)
HLB: (AIP) Only 85% financing for now due to poor credit scoring, rate not confirmed. Issue is my HLB credit card balance (???). MRTA unknown.
UOB: (AIP) Max 80% financing for the project, rate at 3.85%, on the condition all my CC balances are repaid (???), MRTA around RM45k, details unknown.
RHB: (AIP) 3.90% with MRTA of RM18,000. Can get 3.85% on the condition that I show them another bank's offer.
Alliance: (Pending) Rate unknown but submitted for 3.80%. MRTA of RM7,700 (Full amount at 10 yrs)

Looks like PBB is the clear winner, Maybank close 2nd. Difference being the required MRTA amount. PBB loan is Home10 while Maybank is a basic mortgage.

Just waiting for Alliance before making a final decision between PBB and Maybank.

I'm just wondering though, why HLB makes my CC balance with their own bank an issue? I've never missed any payments, and have more than sufficient liquid assets that I've given them as proof of my repayment capacity. I merely make full use of their 3m and 6m 0% FPP offers. Maybank and Public Bank didn't bat an eyelid about my credit card balances, and probably for a good reason. I'm not even a Public Bank customer. Just surprised cause I always thought Public Bank was one of our most conservative banks.

Note: I did not bother with HSBC, Affin, Ambank and CIMB because all their bankers were honest to say they can't go below 4.2%. Standard Charted could've offered as low as 3.80% but only at 80% financing for this project, decided early on it wasn't worth it.

just wondering why certain banks have such high mrta/clta value?

how to get rates better than this?
PBB: (Approved) 3.85% with MRTA of RM5000 (RM400k @ 10 yrs)
MBB: (Approved) 3.85% with MRTA of RM4000 (RM400k @ 10 yrs)

Alrighty here goes. I am confused about how many accounts are there, how am i able to withdraw, and how it offsets interest.

Here is what i understood.
MBB will open a mortgage loan account (there will not be a CA / SA link to this mortgage account).
So if I would like to reduce the chargeable interest on the outstanding loan, there are two ways:-

Method 1 (This one I blur)
I would need to put money into to mortgage loan account to reduce the outstanding loan amount.
How does this work? won't I just be making future payments if I put money into the mortgage account?
Apparently, this doesn't lower down the loan outstanding amount just mainly to knock off chargeable interest.

Example
500K loans, put 100K into the mortgage account. Hence chargeable interest is 400K
But it will show that the outstanding loan is still 500K
Method 2 (This one I understand)
I would need to put money into the Advance Payment option.
This will reduce the outstanding loan amount and thus reduce the chargeable interest by MBB.
And I have the flexibility to withdraw in multiples of RM1000 and chargeable RM25 per withdrawal.
Example
500K loans, put 100K into the mortgage account. Hence chargeable interest is 400K
But it will show that the outstanding loan will be 400K
To all sifus,
Is my understanding correct? Is that how option 1 works? or is there even an option 1? Am I totally confused? Haha...
Another question, Where are the Standing Instructions going to come in? Personal Saving accounts / Mortgage Account or Advance Payment Account?

Anyone know which bank offers zero entry cost except SC and PBB?

Hi all,

I have a mortgage loan from RHB currently @ 4.2% (changes based on BLR) around 670k.

I received an offer from UOB for remortgage amount at 3.8% for 683k + RM6.5k MRTA.

Is it worth the switch to UOB or should I just stay with RHB?

Why mine rm300k rumawip w/ 80% financing (240k loan), 35 years, MRTA is almost 12k?

Hi fellas,

Affin Bank
Loan amount 804,195
Tenure 34 years
Interest rate 3.95%

should consider? is it reasonable?

I don’t think it’s bullshit

I’ve heard of this before from other sales agents as well

Hi all,

I will convert my mbb houzkey to mortgage soon. They did provide mbb as mortgage but i wanted to try to expore mortgage packgae on another bank.
Do i need to approach the interested bank eg PBB, RHB or so on or can find loan agent? Thanks

I don't see how this is related to your initial question. Your loan in SG is not connected to your loan in MY (well, except for you being able to afford to service the loans). And again, why does any potential HDB purchase in SG affect you transferring your MY property to your parents? Normally what people will do is transfer to their younger generation, perhaps to avoid potential issues on inheritance or any future taxation law changes.