Hi guys! I received below offers:

1) Maybank
- Amount: 705k
- Tenure: 35years
- Rate: 3.85%
- with MRTT

2) HLB
- Amount: 720k
- Tenure: 33years
- Rate: 3.7%
- with MRTT

3) CIMB
- Amount: 684k
- Tenure: 35years
- Rate: 4.2%
- with MLTT

Which of the options above is good? All offers are 90%.

Is Maybank's Commodity Murabahah Home Financing-i a semi- or full-flexi loan? Thank you!

Thanks for the replies guys!

I received another offer from HSBC:
- Amount: 608k
- Tenure: 32years
- Rate: 3.7%
- with TRTC (RM130/month)

From my inexperienced calculations, the advantages compared to other offers:

1) the least monthly instalment: RM2.7k
2) less loan amount and tenure, hence less interest and loan finish faster
3) instead of lump sum MRTT, HSBC replaced it with TRTC. Similar to insurance with monthly premiums paid separately from monthly instalments to HSBC

Disadvantages:
1) Full-flexi. Addtional RM10 charge per month
2) Only 80% loan. So I need to fork out some of my EPF acc.2 to cover the downpayment
3) No cash for renovation when VP, unless I take out all of my EPF acc.2

Anyone has experience with HSBC? Care to share your experience? Thanks!

This post has been edited by fruxano: Mar 20 2020, 08:22 AM