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 Mortgage Loan Package Inquiries, (Strictly NO Promotion Allowed)

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tadashi987
post Feb 16 2020, 12:34 PM

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Maybank MaxiHome Full Flexi

Hi all, want to enquire that for Maybank MaxiHome Flexi, I found that there is this benefit of:
"Earn interest of up to 1.85% pa for credit balances above RM5,000."

Does that mean if I deposit more than RM5,000 in my loan current account, which it reduces the principal interest, at the same time I'll be also earning interest in my current account? confused.gif
tadashi987
post Feb 17 2020, 01:55 PM

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QUOTE(lcp0407 @ Feb 17 2020, 01:05 PM)
This seems like way too good no?
Say if your loan interest is 4% and you put anything more than 5k in your account, say 100k, you are earning 1.85% on top of the saving of 4% interest on loan. Meaning for that 100k, you are earning 5.85% interest. And this is risk free 😱
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Ya thats why i am asking haha, sound too good to be true, if really that case I would use that account like my FD account somemore u are able to deposit and withdraw anytime u want which is a wow
tadashi987
post Nov 30 2021, 05:26 PM

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hi guys want to ask

I have this Maybank Commodity Murabahah Home Financing Loan with a Premier Mudharabah Account current account open

If I were to reduce the interest, I just need to transfer my extra into the current account, instead of pumping into the loan account, am i right?

This post has been edited by tadashi987: Nov 30 2021, 05:27 PM
tadashi987
post Nov 30 2021, 05:45 PM

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QUOTE(mini orchard @ Nov 30 2021, 05:37 PM)
You question is specific ... better to check with the bank for right answer.
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it shud be alright for me to straight call MBB CS for query right haha
I had given up on my loan agent, doubt he even know what loan he is selling me doh.gif
tadashi987
post Dec 6 2021, 09:11 AM

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QUOTE(ck2chan @ Dec 6 2021, 12:33 AM)
you taken the loan? the agent just want earn commission, MBB also bad service yeah
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yep taken the loan sad.gif

 

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