Buying a new house which currently still under construction

Maybank, RM400k, 35 years, 4.4%
Semi - Flexi & no MRTA

i just signed last few days with MBB
RM400k, 4.40%, 35 years..

keep telling help to appeal 4.35% but she said best liao

now i count for 35 years, RM400k, the difference between 4.40% & 4.35% is quite a lot.

monthly installment -rm12.29
total interest - rm5161.97

totally agree.
when long term, 35 years make a lot of diff

Hi, i talked to my MBB agent, to start pay installment immediately after spa and loan agreement settled although still under construction, end of 2016 the house only completed. The reason is not to pay progressive interest.

However, the agent said unable to pay installment during construction, need wait construction completed only able to start installment.
During construction period just pay progressive interest.

Any sifu can share some opinion.

MBB Semi Flexi, but LO just written Term loan

let say i transfer money manually to the loan account, but the loan account treat it as installment advance payment, got save interest??

i thought need pay to principal then only reduce the interest?

kindly refer this

https://forum.lowyat.net/index.php?showtopi...post&p=74106282

when we surrender, the amount give back to us is very less.
u will never get as below, sure much much lesser than 14k
eg i pay 19k get back 14k if surrender at year 20...

There are Sales & Purchase Agreement (SPA) Vs Loan Agreement (LA).
Do you means LA disbursement fee & Stamp Duty / Stamping?

For my case, RM400k loan.
Stamping is RM2030
Legal Fee is RM3250
Others is RM1000

i bought the house around this price as well.
Sales & Purchase Agreement legals fees & disbursement roughly need about RM6k
Loan Agreement legals fees & disbursement roughly need about RM8k

but my case i need pay the Memorandum of Transfer which around RM14k

the house i bought is Freehold, under construction, buy direct from developer.
what i got to pay is SPA (legal + disbursement) fees, LA (legal + disbursement + stamping) fees + Mot

Stamp duty part will have 20% discount for Islamic Loan

for solicitor, i use back developer, got about 20% discount for Loan Agreement

Ya, but stupid Mbb said they already keyed everything in system, can't change, duno them .
As i only got 20% discount, will change firm which can give better rate.

Since the developer solicitor Loan Agreement quotation give to me is not nice, so i told MBB that i won't choose this solicitor. And i never told MBB which solicitor i decided to use.
But they pandai pandai key in in their system that this solicitor i used for Loan Agreement.
They said if i want change this solicitor to other firm, this will caused the rate change and etc.
so the best is don't change the firm since they already key in system.

Problems is i never inform them confirm let this firm do the LA

Nvm la, lazy to argue with them

i got MBB 4.40% for loan amount 400k, without MRTA, but last 2 mths la

Hi, im buying a new house double storey terrace under construction, already signed SPA & LA.
Usually when our copy for SPA & LA lawyer will give back to us from signed SPA date?

In addition, im loan with Maybank, after VP i need to buy fire insurance myself or Maybank buy for me then charge me?

Thanks