MRTA is only offered in the initial stage if you wish to finance in.

Otherwise, you will have to buy a separate life policy.

1. There will be few panel banks registered with the developer. Approach 2 or 3 for comparison purposes. Each bank will have their own tnc, so select the bank that meet most of your requirements.

2. If you are spending more than your monthly salary each month, how do you intend to pay the loan instalment ?

3. Borrowing more doesnt always mean lower interest. If borrower expect bank to take ALL the risk, definite they would want to charge higher interest. If borrower is willing to share the risk with higher dp, he will have better bargaining.

I dont know why you are upset with pbb as though you are desperate in need its services. If you want to shame them in public, is not gonna to work. It will cont to be the top 3 banks choices for loans.

Experienced borrowers and those with lesser qualifications will know which bank to approach when applying for loans and they dont waste time with certain banks.

I think there's mistake here? Usually it's lower first in earlier and higher interest after that, like first two years 3.65 then 3.85 thereafter.

Sorry didn't notice yours fixed loan, rate I quoted is for flexi.

Hmm I think flexi is quite normal nowadays, difference just semi or full, depends on what you need.
Fixed loan you can't save interest even you deposit extra money, and what's your condition in case prepayment or early settlement?

Myb you can ask also what's rate they can offer you in case flexi loan, also may try pbb, ambank and rhb as well.
I got 3.73 from HSBC for refinancing, full flexi loan.

1. Take mrta cover whole, or take min mrta with bank and get MLTA outside, ofc you can ask your banker if there's MLTA option or not with bank.

2. If you can afford then pay lumpsum, else add into loan.

3. Yes, yearly.

1. MRTA is to cover your next-of-kin (death) or yourself (in the event of TPD).
It's an insurance that only you know or can decide if you can take the risk. It's just like asking "do I need life insurance?" The second question is how much coverage is needed, again only you can decide. Some cover whole tenure and loan. Some take up the minimum required by the bank.

2. Mrta premium can be added to your loan, meaning your loan amount increases as well. To do so or pay lump sump depends on your financial situation, just like how much down payment you pay for the house.

3. Insurance, yes, from all my discussions with various loan officers during my loan application. If yours is a condo, the management would have bought insurance and you can use this instead of buying another one.

Just my RM0.02