Now still have the normal term loan?
Does the installment really fixed? I heard the basic term loan installment also fluctuates

i have settled my 1st housing loan and now awaiting my lawyer to attend the Discharge of Charge. During this period, if i intend to purchase my 3rd property, how banks consider my case? still entitle for 90% of loan?

Does it make a lot difference when,

Bank A offering BR + 1.XX = 4.45%
vs
Bank B offering BR + 0.XX = 4.45%

BR for Bank A is lower than Bank B.

Any idea which is a better bet?

Up to now, I still don't have a clear picture on this?

"More safe"? Why? On what basis?

4.45% (90% margin+mrta+all others fee) and
4.35% (90% margin+mrta)

which one is better?

Hi everyone here, hope could get some help here. Thankss

Having some question with the loan part.

Me and one of my friends is looking for a unit.

Details:
Price-430k
Title: commercial
Unit- its a 442f mixed development condo. (Soho i think?)
Bank loan 80-85% max.
Project-under con, not yet launch.

Question is, i will take this property as investment in my idea, but i wish to know based on the current loan rate. How much i need to pay the interest for 4 years for 380k loan.

Is there any way to count it? Or a figure? Because need to count the payment, and check whether we have the fund. Banker are welcomed to pm/reply or and people have experience.

Will look for a loan later with the most help banker if figure out all those. Tqq

Thanks so much

hihi thanks for your reply.. but how do im not sure whats the drawdown amount.? can you clarify a bit ? appreciate

Let say my housing loan is rm490,000 and the mrta (rm 16,000) is financed by loan, so total loan is rm 506,000.
How to calculate the professional charges on the loan agreement? it should be calculate based on the housing loan itself only, or have to include the mrta to calculate also. Please advise

Dear Faiz and other sifus. I havent managed to read all the post,just up till page 9. Then straight jump here to ask. Hope you all still entertain.

I have 1 freehold condo property under my name

Original price: RM 496,000
Loan value: RM446,000
Bought with DIBS at 2012 using HSBC Full Flexi MM 35 years tenure. I am not paying the bank anything so far. The condo will be VP this coming February 2016.

Current gross salary: RM 4804 **pending 2015 salary increment around RM400
Net salary after deduction: RM3925.00 **will be more after increment
Fixed bonus 2 months December 2015.
Performance bonus: 3.5 received for 2015.
Credit card= total RM 16000 as per today. But after December bonus will be less than RM 4000 only. I will use 12k to settle it.

Personal loan at 6.1% with bank islam rm20k. Rm350 monthly alrrady service it since January 2011. 7 year loan till 2019.

PTPTN loan at rm8k.
No car loan.

My question is
Can i go to HSBC and refinance my condo to RM476k for me to cash out rm30k and settle my personal loan balance + ptptn? If can would you recommend it or not?
Current phase 2 of the condo is selling at market value of RM600k plus.
Project free from encumbrances.
When I apply for the house loan on 2012 BNM rules is not that
strict though my salary is quite little back then which was gross rm3700 like that. I know every January new year BNM rules changes.

I have been seeing collateral code of "10" being used for property (including commercial).  Based on the guide from BNM, I find no other code specifically for commercial property. 

Can pls advise then what's the code for commercial property?