Mrta is cheaper but mrta is without cash value and can't bring forward to next property, and once refinance you have to buy again.

Instead of increase your existing policy why don't you buy another that covered value 350k. As for me I will advice take mlta as it have cash value and can bring forward to next property and it can help you to do early statement to save up interest at least 5 years and above

Mlta need to pay yearly as compare with mrta just pay once, but mlta have cash value and able do early statement for your property if there's nothing happen to you during the whole loan period.

For me instead of increase life policy I will buy another one with value 350k because once top up the whole plan will be diff.. And what's your main purpose of buying life? Because you want your Loved one to get this amount when anything happen to you right? Why don't buy one 500k premium to protect this house and the 150k as extra cash for them if you can afford. You can always seek for quotation and compare the price for 350k and 500k, feel free to pm me your loan amount, gender, age, occupation and smoker or none smoker, I can quote you a list of mrta and mlta so that you can do comparison.

Mrta maybe need you to pay huge amount but it only pay once, as for mlta is pay yearly , half yearly, quarterly , or monthly

Whole picture is Islamic loan there's 20% discount in stamping fees however lawyer professional fees charge will be slightly higher because they need to prepare more documentation. Some bank package for Islamic is slightly diff like there's no flexi package, some is without lock in. So need to compare base on your prefer bank.

First home buyer as in below 500k is entitle 50% discount in stamp duty.

Impossible, my side loan approve within one week for ambank.

Can request drop from her side. But now you don't have much time so I don't advice resubmit. Ambank average should be 4.37 instead of 4.35. But depends on profile grading. Sorry I can't recall what's your loan figure. And ambank is no problem to approve case within 7 working days, so I don't think is ambank fault.

No la.. Once your loan is approve you can proceed with snp and in the same time request she help you appeal to lower rate.

Just proceed to sign sales purchase agreement first since loan approve but not sign loan agreement while waiting but in the same time try drag public bank side as their letter offer only valid 14 days. Normally once loan approve you can inform developer you're still deciding which bank can provide better offer so proceed to snp because to secure this units before due date. Once sign loan agreement doesn't means bank direct diburse money out and I believe it's under contruction if yes you don't have to worry either they can only request bank money once they develop until your phrase

How you found her 😰

4.3 for 300k? Priority banking customer?

Last year I don't think bank offer such rate for loan amount 300k, lowest I done before is 4.35

Anyway this year there's some changes in the rate base on loan amount.

Maybank full flexi is not pure full flexi it's like more to overdraft. If want full flexi consider CIMB but confirm rate very high, I don't think Cimb able offer such rate 4.4 when approve

This post has been edited by ims2628: Aug 8 2015, 11:44 AM

If profile grading is good can appeal 4.4 without mrta from few bank, few bank can offer this rate, as for ambank depends with officer I had done rate 4.36 for loan amount 200k++

Can get 4.35 subject to profile grading. Average 4.4 should be no problem without mrta. There's a slightly disadvantage documentation for loan legal is more compare with conventional loan therefore for professional charge at loan legal fees there will slightly higher. And early settle with rebate given? What do you means by this?

There must be some error in this website, i'm dealing alot case with ambank, so far their approve lowest is 4.3 first profile grading, unless you tell me those accept their offer before their BR drop then yeah their loan interest now is around 4.16 lowest.

+1

can request appeal to 4.4 since with mrta. or 4.45 waive mrta. should be fine.

Depends with bank, which bank LO you receive? some 7 days some 14 days, however sometime you can try request banker to extend the LO validity date.

most likely CIMB will KO, as cimb rate quite high

I can assist you on this if you don't mind