During undercon, bank will only impose progressive interests base on the actual claim from developer. Therefore, interests will be differ from time to time until the end of completion. By that time, you will start to make monthly installment which consists of principal + interests.

Now, saying that you are serving full installment and intend to place in the 30k for interests savings. Usually there are 2 methods,

1) Reduce interests only. So meaning to say bank giving you the redraw facility (in case any personal contingency required)

2) Reduce principal - bank will liquidate the 30k to your loan to knock off principal. But it's non redraw facility.

In general, bank will reduce your interests and allocate more towards your principal amount, in the end reduce your loan tenure.

Please take note your monthly installment shall follow as per your Letter Offer unless if there is any changes on BR or spread from your respective bank.

(a) Will need some info to get quotation
- Conventional/Islamic Loan
- Single chargor/joint chargor --->property owner
- Single borrower/joint borrower
- Property Location such as KL, Selangor or other states
- any MRTA to be financed

(b) about 3.9% - 4% and above

Houzekey financing only applicable to undercon property. Conventional subsale is not applicable. if you see from M2u, it says 100% financing which too good to be true for subsale financing. For subsale, It will always be 90% max margin for first and second residential property, 70% for third residential property onwards.

MBB, RHB, CIMB, OCBC

Yes, because the ownership will be replaced from B to C. Hence, the stamp duty fees for (Memorandum of Transfer) will base on the open market value from Jabatan Pernilaian.

Thus, your brother need to half purchase the ownership from B and half refinance the borrower from B to C.

There are few banks willing to approve however subject to property location and developer reputation or business operation condition. Should the developer blacklisted/wind up, then you even get lesser bank to approve the application.