how old are you? so i could count your dsr. if below 35 years old and your monthly commitment is 2k like what you stated and your monthly income nett is around 10k then shouldn't be any issue. but need full and accurate details in order to give accurate advice

Not exceeding 70% for a normal wages worker...

Maximum 75% depends bank, diff bank diff requirement.

wow... you really save alot if you are comfortable with DSR of 70%. Imagine 10k salary. 70% go to house loan, hire purchase and others billing. Only left 3k, petrol, maintenance fee, food, insurance, phone bills and etc... wow... really tight and that is for 10k, small potato like me even worst....

option 1.
in the product disclosure sheet, bank will give you an illustration if interest goes up by 1% what is your installment amount, and also if interest goes up by 2% what is your installment amount.

1. The short answer is yes, you could, provided that the "cash-out" of one of the refinancing could cover the loan balance of the property that you are going to "consolidate" into the one loan account.

2. At 900k? Assume about 2% of the loan amount. To be sure, it is important to run some numbers with the law firm. The professional fees and stamp duty are fixed - for RM900k, they are RM8,692 and RM4,500 respectively. But there are other costs associated with the documents that will be put on you. Don't forget the valuation fees as well

For example:


3. The good news is that, the "moving costs" can be financed on top of the 90% margin, making your margin about 92+%. All offers can be reviewed before signing. Most people mistake the "moving costs" financed by the banks as the actual costs, in reality, they are just the max amount to be financed, if the actual amount is lower/higher, the firm(s) may withdraw less from the allocation, or you would have to top up

3. This is a good option actually, which I have covered in some of my articles. Consolidating your mortgages for cash, to settle some other loans including another mortgage to free you from the 90% capping for only the first 2 residential properties.

4. Discharging a property from mortgages always has a cost, be it to discharge so it would be charged to another bank (refinancing) or to fully discharge it as a full-settlement (the one you would pay off in cash), this would be "absorbed" (haha, no free lunch eh?) by the lawyer that will do your refinancing loan agreement (LA)

You can combine them into 1 housing loan

in order to do so, 1 of your property must have enough appreciation in value to cash out enough to pay off the other property outstanding amount.

Example if your 600k property is worth 1.5m now, then you can cash out additional 300k to settle off the 300k outstanding house and lump it into 1 home loan.

In terms of refinancing a 900k loan, it's estimated roughly 22.5k
if it's after the lock in period, you will not incur any penalty if you choose to refinance.

You can refer to your current outstanding balance vs the 60k and see whether current outstanding is lower or not.

Will be around 4% if you opt for zero moving cost compared to a normal loan package as the bank need to cover their cost for your legal fees
If you pay more every month then you will save on the interest, depending on much you prepay extra monthly
You may have to check with your bank on your previous prepayment made whether it was made correctly or not

Full address
Build up
Renovations
Current loan amount
You can start paying earlier but do check if the bank allows you to make prepayments during progressive interest period
What is your inheritance amount ?

Do you work in a normal job as well ?
What’s ur loan amount.

Good time to buy because interest rates are low so you can easily secure a loan

3.2 to 3.1 if preferred

Affin MRTA tenure is only 10years, rather than 30years for UOB. So it is lower by ~10K based on the monthly payment provided by both bankers.