hi.. i got offered but rate is 4.85%..
is that normal for 300k loan?

bro can u give me exact figure leh? must be under construction right?

wah good offer u millionaire 

got an offer 4.55% for rm450k subsale house     

Does rate tied with locations or it is standard all over Malaysia.. my cousin wana buy prop at bukit kayu hitam, price 340K, the rate was 4.95%.... where else in klang valley is ard 4.45%  why large difference??

Subsale RM420k
Loan 378k MOF 90%
No MRTA/MLTA
35 year term
semi-flexi

4.45%

good? bad? ok?

Pros and cons to that. For my own profile, I'd rather assign my life insurance to my dependent and let them decide if they want to pay off the property or do some other thing with the money.

Always remember the banks job first and foremost is to protect themselves, not you...

It's always depends on the banker want to help you appeal better rate or not sometime without mrta included we also able appeal till lower than they first offer rate with mrta offer.

You're wrong ya, there's a bottom line for all the rate, even with or without it won't be able go below bottom line, so your info wasn't accurate

Hi guys. Not sure if this is a correct section or a correct question.

My bro and i are joining to buy a corner terrace. The agreed amount is 650k. Which 570k will be financed by bank loans.

1. May i know whats the rule of thumb on the cash that i need to have for snp and legal fees?
2. Can i renew the land title straightaway to 60? Or 99 years? If so, how much?

The fifty percent is for first house iinm .. refer to the link ur 1.8m is way off hence no 50%. Mine also no 50%


http://loanstreet.com.my/learning-centre/e...buying-property

i'm not familiar with snp so can't give you advice on this, while for stamping for loan legal, valuation fees and loan legal fees all should be budget around 2% from your loan amount.

yes if it's your first house then stamping will entitle for 50% off

There's a way to count loan legal fees.

First 150k is 1%
Next 850k is 0.7%
Next 2 mil is 0.6%

hope it help

4.3% lowest. Special promo only 4.2% for first then thereafter 4.4%

Best rate in town is 4.30%, you can look after H**g L***g Bank offer, first year 4.20%, subsequent year  4.40%

Well, you can place your liquid asset such as FD, savings, extra cash into bank as premium banking, it may help you to appeal to a lower rate. Still, subject to approval.

For instance,

Loan amount 1.85 mil
interest 4.40%
Tenure 30 years
Monthly installment = RM9,264.08
Total interest = RM 1,485,068.80
Total repayment = RM 3,335,068.80

and

Loan amount 1.85 mil
interest 4.30%
Tenure 30 years
Monthly installment = RM9,155.12
Total interest = RM 1,445,843.20
Total repayment = RM 3,295,843.20

Long term taking 4.30% will be much better as you're saving interest of RM108.96 per month

Well, interest is always one of factor on your loan repayment. If you have extra cash, you may put into loan to reduce interest. But I doubt that is your goal. I suppose everyone's ultimate goal is do early settlement and free from debts, right?   

You must be have a chunk of FD to draw their attention   

Boss, if you apply from the banks where you had your house loan or hire purchase loan before, they should be able to see your repayment records in the past.  Some bankers just too lazy to do their due diligence.