Hi all sifus,

I’m currently deciding between RHB and Public Bank loan packages for my first investment property. And I would like to get advice(s) on which one is more worth it in the long run. Below are the full details:

Investment Property
- SPA Price RM559,500

RHB
- Loan amount: 90% = RM503,550
- MRTA options:
1. RM24,452.39 → Coverage RM503,550 (35 years)
2. RM15,118.12 → Coverage RM302K (35 years) [Minimum MRTA]
3. RM15,171.50 → Coverage RM475K (28 years) [Minimum MRTA]
- Total loan amount:
1. RM528,002.39
2. RM518,668.12
3. RM518,721.50
- Tenure: 35 years
- Interest rate: 3.60%
- Monthly instalment:
1. RM2,212.89
2. RM2,173.77 (with minimum MRTA option 2)
3. RM2,173.99 (with minimum MRTA option 3)
- Other details:
- No account opening fees
- No maintenance fees
- Full Flexi, no capping

Public Bank (PBB)
- Loan amount: 90% = RM503,550
- MRTA & CI options:
1. RM26,336
2. RM15,000 [Minimum MRTA]
- Total loan amount:
1. RM529,886
2. RM518,550
- Tenure: 35 years
- Interest rate: 3.55%
- Monthly instalment:
- RM2,205.35
- RM2,158.17 (with minimum MRTA)
- Other details:
- Semi-flexi (can make extra payments to reduce principal & interest)
- Can redraw excess without charges (need 2–3 business days)
- No capping on interest


Summary of lowest commitment with minimum MRTA:
- RHB → RM2,173.77 or RM2,173.99 if lowest instalment amount (Full Flexi, 3.60%)
- PBB → RM2,158.17 (Semi-Flexi, 3.55%)

I'm not sure which one I should go with. I'm still in the midst of negotiating with bankers. If RHB is able to match/beat Public Bank, most likely I will be going with RHB because of the banker's service. But are there any hidden traps I should be aware of from the Loan package?

Hi all sifus,

I’m currently deciding between RHB and Public Bank loan packages for my first investment property. And I would like to get advice(s) on which one is more worth it in the long run. Below are the full details:

Investment Property
- SPA Price RM559,500

RHB
- Loan amount: 90% = RM503,550
- MRTA options:
1. RM24,452.39 → Coverage RM503,550 (35 years)
2. RM15,118.12 → Coverage RM302K (35 years) [Minimum MRTA]
3. RM15,171.50 → Coverage RM475K (28 years) [Minimum MRTA]
- Total loan amount:
1. RM528,002.39
2. RM518,668.12
3. RM518,721.50
- Tenure: 35 years
- Interest rate: 3.60%
- Monthly instalment:
1. RM2,212.89
2. RM2,173.77 (with minimum MRTA option 2)
3. RM2,173.99 (with minimum MRTA option 3)
- Other details:
- No account opening fees
- No maintenance fees
- Full Flexi, no capping

Public Bank (PBB)
- Loan amount: 90% = RM503,550
- MRTA & CI options:
1. RM26,336
2. RM15,000 [Minimum MRTA]
- Total loan amount:
1. RM529,886
2. RM518,550
- Tenure: 35 years
- Interest rate: 3.55%
- Monthly instalment:
- RM2,205.35
- RM2,158.17 (with minimum MRTA)
- Other details:
- Semi-flexi (can make extra payments to reduce principal & interest)
- Can redraw excess without charges (need 2–3 business days)
- No capping on interest


Summary of lowest commitment with minimum MRTA:
- RHB → RM2,173.77 or RM2,173.99 if lowest instalment amount (Full Flexi, 3.60%)
- PBB → RM2,158.17 (Semi-Flexi, 3.55%)

I'm not sure which one I should go with. I'm still in the midst of negotiating with bankers.

If RHB is able to match/beat Public Bank, most likely I will be going with RHB because of the banker's service. Else I might go with Public Bank due to lower interest rate

But are there any hidden traps I should be aware of from the Loan package?

Any reason why RHB since the interest rate is higher? Or is it purely for the Banker's service