Hi Sifu,
My 1st home and need some advice which you think would be better options
I will try to settle the loan as fast as possible within my means, preferably not to commit into MRTA
Loan 480k (under con project)
PBB
Interest: 4.15%, 35yrs tenure, must take minimum MRTA 9k
Semi Flexi (maximum up to 30% interest saving)
*9k insurance include 36 illness + MRTA
HLB
Interest: 4.20% (banker trying to appeal 4.15%), 35yrs tenure, non compulsory MRTA
Can choose Full Flexi or Semi Flexi (for full flexi save 70% as for semi flexi 30% interest saving)
Full Flexi - set up two account, Maintenance fees RM10/m, set up fee RM200 (one time charge), no withdraw fee charges
HSBC
Interest: 4.15%, 34yrs tenure, non compulsory MRTA
Full Flexi (interest saving not capped)
Maintenance fees RM10/m, no set up fee & no withdraw fee charges
*Banker claim that during construction period can deposit any large/small sum to reduce the interest, and certain banks cant*

hi every sifu,

i decided to take hlb loan without insurance, 500k, 4.15% pa.
monthly 3070 for 20years.

but i wonder why the description there writes "term-loan" instead of semi or fully flexi loan.

by default we can pay principle every month right?

Hi All,

Does advance payment reduce interest rate for HLB?

Thank you.

Yes semi flexi. For example monthly Rm1245, I paid 1300 per month, the exceed will go to advance payment. Does it reduce the interest? Like i mean total outstanding amount - advance payment = ???

Appreciate your reply. As i saw it parked under advance payment through HLB connect. Thanks for explaining. Have a good night:)

Hi gurus, I am trying to make a decision between the 2 banks below; for my 1st housing loan. I'd like to seek an opinion of which is the better option.

MBB
Loan amount: RM462K tenure 35 years
Monthly instalment: RM2,104
Rate: 4.20% (BR 3.00% + 1.20%)

PBB
Loan amount: RM462K tenure 35 years
Monthly instalment: RM2,090
Rate: 4.15% (BR 3.52% + 0.63%)

Both same self-financed MRTA with minimum coverage package.

Any opinion is greatly appreciated, thank you.

Will try to get this... Why they give high rate? ist because of our income?

Tried PBB - only 80% approved.

Its Alamanda Parkland Project @ Rawang.

Will try others. The agent said so far this is the best rate. some got 4.35-4.4. 

Loan 700K, tenure 32yrs - RHB semi Flexi
Is my rate high... appreciate in advance. MRTA/MLTA not compulsory.

Sorry miss out. Is 4.25%

Loan 700K, tenure 32yrs - RHB semi Flexi

But ur mrta is one lump sum and ur life insurance is yearly no?

Good morning all,

First time home buyer here. Was wandering is there any loan (such as youth housing scheme) endorsed by government that offer low interest rate?

I'm buying affordable house with price 385k.

Thank you.

A bit out of topic, why agent always ask a question ”for investment or for own stay” is there any price difference? Why don't they ask a question is this for cat stay? 😂

Aww.. That is bad. Eventhough i can pay, But bank dont give me loan

Bring offered

Loan amount of : RM450k
MRTT :  RM19,110

For 35 yrs
Rate A @
Yr1: 3.85%
Yr2 onwards: 3.97%

Rate B
Flat : 3.9%

Both rates for flexi loan. Which will be a better deals?
Is it worth to pay MRTT or better to get insurance to cover that part?

Thanks

Which bank is the best for low interest?

How do I improve my profile?

Actually pbb and mbb which hv better advantages in term of fees, hidden charges, late charges, interest rate decrease or increase and etc...

Hi all Sifus.

Just would like to know all of your opinions. Which one is better:

1.

A. Higher cashout (dont fully settled the car) , higher instalment. Extra money let say RM100K parked at ASB for passive income.

B. Lower cashout (fully settled the car) , lower instalment. No extra money to park at ASB hence, no passive income.

2. Car Loan outstanding RM70K (RM800 monthly)

A. Let it be and continue to serve the monthly instalments for 8 more years.

B. Settled it and consolidate it during mortgage financing. Car value depreciates, so is it advisable to fullt settle a car loan with 8 years left?

Erm...
If a project still under development, the mortgage bank can go with is only the panel bankers?

Project name is Space Residence in Johor by Linbaq.