Is it true that only loans >500k will get rates <4.5%?

Hello guys,

First upcoming home owner here, taking around 400k loan for my house (include takaful). The loan I'm applying for from RHB has been approved and I already accepted it (I signed the offer letter but not yet SPA from developer).

But right now I decided that I want to put in 10% down payment and reduce my SPA purchase price. Will there be any penalties or fees that I need to pay if I applying for another loan (within the same bank)?

Trying to get confirmation from you guys first before asking my agent.

Appreciate answer on the following queries:
1. What are the latest loan rates for 35years loan with amount of 250k, 400k and 500k?
2. There are some refinance package now, such as StandChart... Are free legal fees and stamp duties covering all expenses involved??
Thx

Hi, any bank can consider 100% for 2nd housing loan for us? The situation below.                  My first house = only my name used for UOB housing loan,got 90% only.but the owner name include my spouse I mean in SPA. Then, my wife like to buy other house, can we joint loan and get 100% HL as I know some banks give 100% hl for 1st house.is it consider my wife can apply for 1st house scheme? It is due to 10% DP quiet high.

I have a question on joint mortgage loan.

Currently I have a joint mortgage loan, which myself and ex. If ex want to withdraw from the mortgage loan, what is the procedures? The property under my name but joint loan.

I tried to search online, I found something regarding on refinancing/transfer of equity but have little knowledge on this. I would like to find a quickest way to solve this.

Anyone got experience apply loan with AIA? Purely wondering as usually banks are the panels.

Also wondering if there's any extra benefit getting home loan with them apart from MLTA.

Heard that their rates varies between years. Does AIA inform of the interest changes from time to time?

*Also searched in the thread, noticed not many people did their loan with AIA hence asking

Any sifu can give some feedback on this?

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 would like  to check whether bank will approve my loan or not as i currently only have ptptn didn't have any credit card. I paid off my car loan 2 years alot. Ptptn paid on time, do i need to apply credit score for bank to review? Or this ptptn is sufficient enough.
Ccris now is 0 score.

hi guy i plan to refinance my housing, now my interest rate is 4.86%. can recommend me which bank should i approach.
was quote by 1 bank 4.0% but lawyer need to pay.

current loan affin at 4.86%, try call and nego few times to revise my interest but no luck.
loan balance currently at RM644k. been serving loan for 7years. i see bank only deduct 600++ for principal and 2700++ for interest.

guys, i have a question. im looking to purchase my first home.

1.3m but developer gave a 10% discount on the property. loan amount is 90-95% based on the 1.3m price instead of the actual sale price. do i still need to pay the 10% Downpayment upfront?

as for maybank they offered MRTT. which is at 65k. interest 3.95%

Hi guys,

Rate these offers, since i am first home buyer i need your guys help.

Purchase price: RM1.1M
Tenure: 35 years

PBB - 3.7%, MRTT covers 200k first 21 years and 100k for next 15 years.
MBB - 3.65%, MRTT premium 70k covers full sum throughout 35 years. Single rate.

PBB installment is still RM200 lesser than MBB though.

Help me guys! My gut says go for MBB since the offer can cover full sum of loan.

Property Purchase Price
• Price: RM3.3M (High Rise Sub-sale)
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MBB Full Flexi (2 Names)
• Loan Amount: RM3,105,200 (90% + 4%)
• Tenure: 35 years
• Rate: 3.60%
• MRTA: 50% coverage for 10 years (RM20K+ cost)

MBB MyDeco Loan (MBB)
• Amount: RM250,000 (Semi-Flexi)
• Tenure: 10 years
• Rate: 4.2%

Fees:
• Processing Fee: RM200 (waived)
• Lock-in: 3 years (waived)
• Withdrawal Fee: None
• Monthly Maintenance: RM5
______________________________________

RHB Conventional Full Flexi (1 Name)
• Loan Amount: RM3,135,000 (90% + 5%)
• Tenure: 34 years
• Rate: 3.55% (lower vs MBB)
• MRTA: Waived (saves RM20k+)

Fees:
• Processing Fee: RM200 (waived)
• Lock-in: 3 years (waived)
• Withdrawal Fee: None
• Monthly Maintenance: None

Condition:
• A deposit of RM200K qualifies for PB status, and it can be withdrawn after signing the LO.
______________________________________

Dilemma:
RHB seems better, but since the CCC is only 1 year, no deco loan is being offered.