Hi Faiz,

I am 34, net income RM8050, no bonus/allowance. No outstanding CC / car loan / personal loan (unfortunately no FD too). CCRIS record is perfect, no late payment.

I own a DSL with the original loan amount at RM268k (RM261k for 90% MOF of RM290k purchase price, RM7k for MRTA), remaining loan amount at RM253k. It is my only property and the market value is around RM700k.

Now I plan to refinance it to obtain maximum amount of cash, prefer zero moving cost with maximum loan tenure & DSR. Can you help me to calculate how much I can get and how much is the instalments? The new rule for refinancing introduced by bank negara has confused me. Thank you.