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

Hi bro,

I already checked my CCRIS report. And wala, there's no PTPTN inside. Also clean record, BB rating (second highest). Now I'm trying to boost my points up to AA rating such as more credit allowances (more credit cards & usage) and also placement of FD etc.
Also, is it possible to provide me the calculation template for a property of RM370K. Same information as before hehe. Found a unit in Kota Kemuning that I'm interested in. Thanks once again 

Hi there

1. Max 960k, share income can't consider unless it's ASB more than a year
2. 35 years or 70 yr old whichever comes first
3. 4.3% if loan amount above 500k

Dear

1. Based on the details given by you, Your max loan eligibility for each bank is as follow: 
  Rm
A*BANK  588,315.11
H*NG LE*NG  767,401.02
M*YBANK  568,297.19
*CBC  568,297.19
R*B  709,429.70
U*B  568,297.19
C*MB  4,701.61
AFF*N  697,996.86

The best bank to get the highest loan would be HLBB. However, each bank has it's own ball game
Different bank will calculate your income and debt accordingly based on each bank's different policy. Hence,
I would need to do a due diligence on your profile before suggesting the best bank to proceed with."

I would need to check you CCRIS, CTOS and income documentation before giving you any assurance.

If everything goes fine, 90% shouldn't be a problem for you."


4. Max loan tenure is 35 years, if your age is less than 36 years old.
(70 - *your age) = loan tenure (max 35 years)

3. RM530k range of interest rate 90% is 4.3-4.45%
    Rm1.3M range of interest rate 90% is 4.2-4.4%

Cheers

As the story continue, Bank B had given me their best package for my property worth RM 629k with 90% loan amount (MRTA included). Details are 3.52% + 0.73 = 4.25%

Thus, it is consider one of the lowest ELR ?

Many thanks for the input.

Any sifu here can advice me on which package should i take?
It is a Bank staff loan come with 2 packages:
Package A - fixed rate of 3.5% with 10 years of lock in period
Package B - variable rate (BLR minus 4%) without lock in period

Add on info, current BLR for my bank is 7.1%

Hi, any sifu here can advice me on which package should i take?

House nett price = RM 323047

BANK A:
Full Flexi Islamic
Tenure 35 years
No lock in period
Interest (BR 4.25% + 0.4% = 4.65%)
Monthly installment = RM 1906.23
Total loan approved = RM 395000 inclusive GMRTT (RM 22200)
GMRTT (RM 22200, i believe it is one time pay, correct me if i'm wrong)
Cashback = RM 395000 - 22200 - 323047 = RM 49753

BANK B:
Full Flexi Conventional
Tenure 35 years
3 years lock in period
Interest (BR 3.9% + 0.55% = 4.45%)
Monthly installment = RM 1624
Total loan approved = RM 345335 inclusive CLTA (RM 8593)
CLTA (RM 8593, covered for 18 years)
Cashback = RM 345335 - 8593 - 323047 = RM 13695

Hi all, need advice on loan offer as below:

1) Bank A
    - Loan amount: around RM610k
    - MRTA (10 years): RM5955
    - Semi flexi
    - Rate: 2.95% (BR 1.77% + 1.20%)
    - Tenure: 34 years

2) Bank B
    - Loan amount: around RM610k
    - MRTA (10 years): RM5280
    - Full flexi capped 70%
    - Rate: 2.9% (BR 2.63% + 0.27%)
    - Tenure: 33 years