Still owe PBB principal around RM 380K. Property worth about RM 550K now. Can only refinance to 20 years only..
What's the option, bro?

Hi lifebalance,

For ZMC package at 4.99% interest rate, what is the monthly installment for 25 years
with loan amount 650K (310K cash out)?

I'm also not the fan of fixed interest rate. What are lower rates for refinance in market curently? For ZMC and Non-ZMC?

If we choose refinance for a house, would the DSR calculated  based on current house
installment (house to refinance) + refinance amount ?

Cashout will be based on 90%?

I am 38 this year. Max until 70 years?

What do you mean by cash out?

What about cash out via mortgage top up method? I understand the same bank will create a separate account for the mortgage top up.
Can I reduce the outstanding in the mortgage top up account using EPF account 2?

hi, loan amt 600k, 35 years

would like to hear some advice on choosing between,

Maybank offer BR 3.2 + 1.25 = 4.45%
RHB offer BR 3.9 + 0.50 = 4.40%

take maybank because lowest BR 3.2% + 1.25%
or
take the lowest interest rate 4.4% but higher BR 3.9% RHB

Thank you for the comment.
I thought left BR rate is fluctuating but the right (e.g. 0.5% is fixed rate).

Are banks allowed to lower the loan amount from that stated in LO after signing? Mine lowered theirs after the property inspection by the valuer.

What if it is not stated in the LO, can appeal?

Hey people, would like some clarification on the mortgage loan. If one who has CCRIS and manage to clear off all debt and BNM clear his/her name. Can he/she immediately apply for a mortgage loan?

Will there be some difficulties for one as such to buy a house due to the CCRIS history?

Thanks

Sorry, tumpang tumpang ya..
Another option is top up with the same bank for my case. But I hope to get better rate. Could the bank revise the previous rate?

But still I am confident I could get a better rate with other bank. Hehe, just need to pay legal fees.. 

Hey guys,

Am interested in taking a semi-flexi loan. However, according to this article : http://www.propertyguru.com.my/resources/m...-the-difference

By default, most of property term loans are semi flexi anyway.

Is that true? Am currently with Tiger bank. Looking to refinance.

Dear both,

Thank you for the clarification. Full settlement has been made and release letter has been received from the bank. Communicated with the office and she's willing to assist in quicken the process by writing to BNM to push for the update. Unsure if this would help in any ways.

Thank you

hi,2 person,age 26,want to buy a house that worth 650k-680k,our total income is rm7500 include epf,now commitment only have one car,rm1200,4 more years to go,credit card debt clear every month,isit possible to get the 90 percent loan.thanks

im ok w semi flexi. dont need the rm10 maintenance fee. yes am currently charged rm25 per withdrawal by tiger bank.

both lower rate and cash out. my current rate is 6.85% because it's an old loan..hehe but its ok cause balance is about 30k left n value is around 230k

Hi, I am looking to purchase my third property price around RM 650K  . First property (current market price RM 600K)  fully paid but still owe bank RM 270K for the second property (current market price RM500K).  My gross salary about RM 18K  and I am already 45 years  old (sudah tua!!).  What is my loan entitlement ? only 80% or can go higher?  can I stretch until 70 year old (25 years?).  Can AIA offer better rates than 4.99% since my first and second property also loan from AIA fixed rates. 

Thank you