I take my loan on year 2021, interest that time 2.92, during interest rate changes period , no changes on my instalment amount. Only until recent interest down to 3.93 from 4.18 but instalment amount remain , then later this RM300 increase start Sep.

I try to googled but only found step up loan meaning but no adjustment.

Mind to share what does it mean ?
And this will happen based on interest rate up down in future?
Or it will happen definitely (more in future) regardless interest up down?

Thanks

If I recall correctly, previously banks do promotion on step up loan and borrower only pay interest for first few years. Thereafter, the repayment will be adjusted to include the principal sum, which means higher monthly payment.

In normal cases, all borrowers repayment should reduce but in your case, I can only think of the above.

Just check with your bank as my answer is based on the likely scenario.

Thank for the info.

In my case , start with 527k(90%) with 2.92% on year 2021, monthly installment is 2k during that time with full flexi, only started to pay full amount on mid year 2024 which it still remain the same and only increased recently.

Possible somehow maybe the installment amount does not match with loan amount, so the installment adjustment? (Just my guess)

I just wonder if the amount will increase let say after 5 years to 2.6k from 2.3k.

Anyway I will check with HLB next morning.

I think the repayment format should be stated in the your bank loan offer letter.

Also, pls update here after checking with the bank. Tq

This post has been edited by mini orchard: Aug 16 2025, 04:44 AM

3.55 lowest

Hi guys,

Rate these offers, since i am first home buyer i need your guys help.

Purchase price: RM1.1M
Tenure: 35 years

PBB - 3.7%, MRTT covers 200k first 21 years and 100k for next 15 years.
MBB - 3.65%, MRTT premium 70k covers full sum throughout 35 years. Single rate.

PBB installment is still RM200 lesser than MBB though.

Help me guys! My gut says go for MBB since the offer can cover full sum of loan.

This post has been edited by wolf91: Aug 18 2025, 07:42 PM

3.55%

Property Purchase Price
• Price: RM3.3M (High Rise Sub-sale)
______________________________________

MBB Full Flexi (2 Names)
• Loan Amount: RM3,105,200 (90% + 4%)
• Tenure: 35 years
• Rate: 3.60%
• MRTA: 50% coverage for 10 years (RM20K+ cost)

MBB MyDeco Loan (MBB)
• Amount: RM250,000 (Semi-Flexi)
• Tenure: 10 years
• Rate: 4.2%

Fees:
• Processing Fee: RM200 (waived)
• Lock-in: 3 years (waived)
• Withdrawal Fee: None
• Monthly Maintenance: RM5
______________________________________

RHB Conventional Full Flexi (1 Name)
• Loan Amount: RM3,135,000 (90% + 5%)
• Tenure: 34 years
• Rate: 3.55% (lower vs MBB)
• MRTA: Waived (saves RM20k+)

Fees:
• Processing Fee: RM200 (waived)
• Lock-in: 3 years (waived)
• Withdrawal Fee: None
• Monthly Maintenance: None

Condition:
• A deposit of RM200K qualifies for PB status, and it can be withdrawn after signing the LO.
______________________________________

Dilemma:
RHB seems better, but since the CCC is only 1 year, no deco loan is being offered.

What’s the PBB premium for MRTT? PBB only cover 200k instead of 1.1mil?

Can provide me the instalment for both loan?
What’s ur current age?

IMO, RHB does offer better, 1 name is used in the loan. What if the other name need to loan for another propoerty then still have quota for 90%. My advice still need to back up a mrta/mlta or insurance for this huge loan borrowing.

But come to the deco loan, ur current cash flow ok? Enough money to pay for upfront payments (10%, lawyer fees?) if you r really no money to do renovation or pay for all the upfront fees. Then this is a must to take, bcoz the offer rate is lower than personal loan, credit card.

This post has been edited by Ewa Wa: Aug 20 2025, 02:51 PM

Rhb

After realizing the MBB MyDeco loan also requires paying legal fees, we decided to go with RHB. Since we already have a substantial MLTA, we’re considering adding on more coverage later.

Finally received PBB / PIBB Notice of Revision of Monthly Instalment Amount

Very suprised that the instalment amount is reduced by slightly over 25% too. I thought just few ringgits.

With effect from 01/10/25 and existing loan tenure remains unchanged

This post has been edited by Human Nature: Aug 21 2025, 12:37 PM

Million/s loan.

Toothache when increased 🤣

RM0 RHB: Effective 05Sep25, instalment for loan/financing acc will be RM due to SBR/SBRI/BR/BRI/BLR/BFR change. Info @rhbgroup.com/s/SAT

What is the % reduction by RHB? 25% too?

PBB counter offer. MRTT premium is 53k for full sum 35 years coverage. But they removed critical illness coverage for 200k and change rate to 3.55%.

MBB cant counter offer, their rate minimum is 3.60%

My age is 33 y.o.

Hi, just update on my case.

After checking with CS, below is the reply i received.
===
While interest rate has been lowered by the OPR cut, it's being compared to the much lower rate from when your loan was first approved.
The main reason for this increase is an adjustment for loans that met these conditions:
Approved at a historic low rate: Your loan was likely approved between 2019-2023 when rates were at a record low.
Was in "Progressive Release": While your property was under construction, you only paid for the interest on your loan, which was not an installment.
Because of this, your account didn’t undergo any installment revisions when OPR rates were raised in 2023.
This recent review is the first time your monthly installment has been adjusted since your loan is fully disbursed i.e. your property is now completed and you are now paying full installment (interest+principal).
The new installment ensures your loan will be paid off on time within its original tenure as per the agreed terms stated in the letter of offer.
For a detailed breakdown of your specific account, please contact us through our secure channels.
===

I was also informed by CS that this adjustment was also due to my full disbursement was made on 22/08/24 which after that i started paying 2k per month. but i just wonder why no adjustment was done straight after the full disbursement.

I have emailed to the relevant department as per suggest by CS to ask for a detailed breakdown but no reply from them yet.

Pbb