In my case, it's in one account - the loan account, which will show your actual loan amount + MRTA premium as total borrowing amount. So, if you borrowed RM500k and your MRTA premium is RM30k, it will show total borrowing of RM530k in your loan account and CCRIS.

Edit: whether it is more beneficial to put the premium in FD vs paying upfront for it depends on how much you would save if you choose one over the other. Really need sifus to calculate whether a 4.1% FD interest is more worth it than say 4% loan interest because the former is compounded yearly or monthly (depending on your FD) and home loan interest is compounded daily.

Also, you need to see whether there is any "penalty" when you decide to close the FD account and dump it into your loan account. In some loans, especially full flexi ones, not 100% of your extra payment goes to offset the principle; and in some semi-flexi loans, you incur service charge when you decide to withdraw this excess payment in future.

Both fixed loan?

May i ask what bank A is and how much ur loan amount?

Then obviously is A, but the rate is for whole loan or only first few years?

Hmm I thought you mentioned that one is fixed loan? 

Hi, just want to ask if anyone know the maximum loan tenure we can go is until 60 YO or 65 YO?

say if I am 41 this year, can bank give me 24 years housing loan?

what if I am buying a new property and the property will only be ready 4 years from now ( I will be 45 by then). as we know before VP we will only serve progressive interest, how do you calculate the loan tenure in this case? will it only a 20 years loan ( 65-45) or 24 years loan ( 65-41)

thanks for the advice

want to ask, I have signed and accepted bank A loan offer, but bank A keep reminding me to reject application for other bank in system which I already requested other bank to do so

what is the issue on my bank A loan if other bank never bother to reject my application?

Final month settlement usually takes care of the disparity, no?

Hi Sifus,

I have signed SPA two weeks ago and now still waiting to sign loan agreement. should i start to rush my lawyer to sign the loan agreement?

The developer said bank must release the payment 90 days from SPA signing date. if not 10% interest will be charged to buyer.

My question is the 90 days period start 2 weeks ago when i signed SPA or after i sign loan agreement?

Thank you for your answer.