Sorry miss out. Is 4.25%

Loan 700K, tenure 32yrs - RHB semi Flexi

In a bit of a dilemma

90% loan  with cashback 26k
80% loan to topup 27k

In the long run seems im paying alot more but is it worth it? Or are there more pros getting the CB with the key

Hi guys.. Need advice... Is the offer too high?

Basic:Rm1200
Comision:3000(minimum)
After deducation I bring back around Rm3.8k (minimum)

This is the best cimb can offer me, public bank and mbb require join loan

Facility amount: rm316,800
Mrta: rm16,885
Tenure: 35 years
Rate: 4.6%
Monthly installment: rm1,600

Can i ask if it is possible to start paying for my installment before VP? Currently I am paying progressive interest and it is starting to get heavy. without contributing to reducing my principal?

Is there any drawback if I choose to start my installment earlier? Do I run the risk of anything if the developer fails to complete my project on time?

which bank offers better semi-flexi loan?
can u elaborate more on "While RHB and HLB has some clauses that are not fair to the loan borrower, which indirectly require u to serve the full tenure !"?
thanks

Good morning all,

First time home buyer here. Was wandering is there any loan (such as youth housing scheme) endorsed by government that offer low interest rate?

I'm buying affordable house with price 385k.

Thank you.

Dear All,

I'm looking at buying a property in PJ.

In the past understand that MRTA/MLTA/MRTT is optional, with the risk that if anything happened to the borrower the bank can take back the house as it's not covered by the insurance.

Would like to check if it is still the case?
Can I purchase a property without getting the MRTA/MLTA/MRTT?

1st home buyer

PBB:80% margin with 4.35%
RHB: 85% margin with 4.35% (full flexi)
Cimb: 90% margin with 4.4%

I am good with 85% margin. But compare to others the rate is quite high I guess

Usually rates is between 4.4-4.8% for now.

Hi, not sure if it’s the right thread to ask here..but this is my current situation:

I have been paying my Ambank Islamic mortgage for few years, it is a Flexi BBA Home-i. I pay by transferring the money from Maybank acc to this loan account, and I didn’t open/ didn’t have Ambank savings/current account.

So now few years passed by, I would like to open up a current account that link with my mortgage, to pay more monthly in order to save on interest/shorten my loan tenure. But as I went to enquiry at the bank just now, they told me it’s been a few years/ This is not applicable to the Islamic loan anymore, only conventional. Is it true? Should I go and ask other branch? Or what options do I have?

Thank you in advance 😬🙏🏻

thanks
thanks
planning to reno house

Thanks for the reply, really appreciate it

I saw there is 2 figure to choose when doing the monthly installment, I believe 1 is principle and another is interest (correct me if I am wrong), currently I am choosing the "principle" figure as monthly repayment, as that mean my loan is flexi? Sorry the loan agreement needs time to dig out from my study room

Instead of converting, is it possible to refinance the joint loan from 90% to 70%? Or is that the same thing and not possible?

No he's talking about refinancing the existing property, not purchase.

In any case there is no way to override the 70% margin for 3rd property unless you do illegal methods.

Hey guys,

I engaged a lawyer for selling one of my property. One thing I'm quite curios was that, by end of the date before the date to be charge for late penalties, buyer quickly made payment the day before being charge for penalties. Do you guys know where does the problem causing the delay. Was it from my lawyer or the buyers lawyer trying to delay the payment? Need your expert advice. 🙏

so later my 4.25% might decrease abit after this?

Thanks for the advise sir. I didn't know about this. But why would they do that? Because other banks I've encountered usually just round up to the nearest ones instead of tens.

but the 50/500/50000 can reduce principal ma... 

What abt the principal? How much does it reduce? Is it a lot more compared to the interest portion?

I thought Citibank loans have a reducing balance method, then the principal and interest should reduce too. Anyone borrow from Citibank?

Hi, I just came back from overseas end of last year after graduated with a postgraduate degree and worked for 1.5 years.
So, as you can expected, I have no credit record in Malaysia.

I am planning to buy a house for own stay in near future.
Without credit history, is it still possible to get mortgage?

Loan amount near 800k, 3.35% for 35 years, good deal?

Noted.
Or if I want to cash out more cash then made sense to refinance with lower rate.
Now I got your point “reduce monthly instalment”. If I want to pay less monthly instalment then go for refinance.

I have tried to apply loan for 3 banks but only ambank approved my application

Loan amount: 486000 + 18658 (mrta)
Loan tenure: 35 yrs
Interest rate: 3.55%
Monthly installment: RM2101
Sum insured 100%, cover for 35 years
Spa and loan 1 name only.

Ques
1. The interest rate is abit high so I wanted to try out pbb but SA advised not to do because she say pbb always got late disbursement issue?
Any concerns eg late interest charge?

2. Since loan already approve can I still make change to the mrta insured value? (reduce coverage years to lower monthly installment)