For my case different  HLB is the fastest one to approve . The banker submit today evening , next working day approve already. Others bank still hanging there and after 2 days only come back.
For HLB style , they will approve without MRTA rate then appeal with MRTA rate . For my case  after i confirm the MRTA amount take another 1 working day then get the LO with best rate.

i can see others bank will lump in the MRTA amount inside loan amount and can direct offer the best rate.
This scenario base on my personal monitoring the amount that bank submit through ccris record.

By the way , possible HLB is my salary bank then no need do many checking that the reason they approve in the shortest time.

if you were to have the following options, which one would you take? The only difference is on the MRTT coverage

Bank A - MBB
- 3.95%
- MRTT for 25 years

Bank B - RHB
- 3.90
- MRTT for 21 years

In my case, I'm more inclined towards MBB as it gives longer MRTT tenure.
Is there any other reason I should opt for RHB other than it slightly lower rate -0.05%?

Hi, question regarding full-flexi vs semi-flexi. Please also tell me if my question doesn't make sense - I'm not super confident on my knowledge/the terms to use.

Say I plan to buy a property of 1 million loan amount total (so price is... about 1.1 million or so) for ease of calculation. Meaning the 1 million is 90% of the valuation.

Consider two situations:-
A - I apply loan for a lower percentage (let's say 500k).
B - I apply loan for the full 90% (meaning my loan amount 1 million) and then deposit 500k and leave it in the current account linked to the full flexi loan.

In both situations - would the amount I owe and interest I have to pay be more, the same, or less in A or B case? Or is this question missing some details meaning it cannot be reasonably answered?

Just call them and cancel the card. If you really want, report to BNM cause they cannot force a bundle and send cards unsolicited to you.

Hi Thank you Ewa,

Means that I take HLB, but still pay the extra RM103 advance, then can fasten by 34 months?

That's alot .. but its true that it will not have protection

I will purchase for own stay at the moment, single no kids

Would adding MLTA work?

Anyone have managed to get 3.8% with MLTA with HLB?

I'm curious, why 10 years only though? I mean, if I did my calculations good enough, I think 20 years with MLTA adequate enough does not cost up to 40k unless I add other stuffs

I managed to get PBB 3.8% with lower MRTA, but by not much, about 5k reduction only.

But HLB banker revert to me will give me few options including 3.85% without any MRTA or MLTA requirements since I got my approval.

I see, thank you for the input

I think I will nego with the banker from HLB to get MLTA, while also getting 3.85% or lower

I calculated purely on the 0.05% the difference over time is about 7k / 35 years

But the difference is whether I can get MRTA or MLTA

Thanks for the input again! As I am still learning, so appreciate the guidance / comparison given.

I think if I take into account of the MRTA being included into the financing, the amount would turn out to be RM40k+, banker also did the same calculation for me.

Whereas for MLTA, I have the option to pay for RM4k/annum for 10 years, 600k coverage, in which its sort of investment linked and "supposedly" cover up to 35 years as long as there is still cash value within. On top of that the coverage amount does not reduce also.

So assuming that if I have to pay for 10 years that would be 40k total, and if I assume worst case scenario that the funds would run out (hopefully sometime after 25th year onwards), then the extra amount that I would be paying, I think the risk is bearable for me, as I also expose myself to possibly positive returns also where the cash value still available after the coverage expires.

Would this thought process make sense? As I believe MLTA's beneficiary is whoever that I name, and its credit proof, so there's no immediate freezing of the funds to clear the property's purpose.

Hi All Sifu,

Need to clarify somethings about the Fully Flexi capping.

Is the capping apply on the loan amount or the fund inside the current account?
If capping 70%
1. Loan 1 mil, current account 800k, only can save 700k interest
OR
2. Loan 1 mil, current account 800k, only can save 560k interest

TQ in advance.

Some banks offer flexi loan with no capping

Banker told me if we got CC usage more than 70% of credit limit then is veey hard to get loan approved....also if we got personal loan same very hard to get loan approved...any experience ?

Any idea on the mortgage amount? I see my account online , the interest rate shows a lower rate but installment amount still the same

Shouldn't it show a lower amount also then ?

Thanks for ur advise

Recently applied for loan offered 3.53% 35 years tenure. Semi-flexi. Loan 1mil. Wondering what is the lowest rate thus far?

Hi fellas,

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

should consider? is it reasonable?

For those with Public Bank housing loan, has the bank adjusted your monthly payment due to the change in OPR?

Mbb reflected new rate