1. can
2. 25 years
3. can
4. internal

here you go.

Q1
if you just want to refinance for 0.1% then not much benefits, only if it's >0.5% difference then can consider.

Q2
30k for downpayment 10% + 15k 5% for SPA and Loan Agreement

Q3
4.45%

Still 4.55? RHB just increased their base rate.

You can use your exemption or pay for the 5th year rpgt

Thanks!!

As per the new rpgt law, you will still be subjected to pay 5% after the 5tg year

Pay the 5th year RPGT, or use the exemption. 5th year RPGT is 15%, 6th year onwards is 5%. 
Rate unlikely to be reduced given that bank negara tracks US interest rates, the commercial banks are anticipating this and so is everyone in the Malaysian banking industry. It will only go up for the time being.

But as consumers, you can "protect" yourself by opting for offers from banks that have already increased their rates recently. No guarantees though

Ah sorry, I mean my credit score is about 95% of the maximum score. So was curious if another credit card application will pull down this score and will be viewed as risky customer by bank.

Anyway I'm planning to cancel few of my credit cards shortly, SST is kicking in =X

If your DSR cannot qualify you for 90% of the property’s value. You are over gearing and prepare for bankruptcy if you YOLO that way. It’s beyond your financial means.

Under no circumstances it is wiser to pay more down payment if we are talking about full flexi loan like the ones by RHB.

You may argue, pay more down payment you get lower monthly installment — go back to my first sentence.

Borrowing is simply leveraging. Of course it’s best to leverage as much as you can. In fact, I won’t park excess cash in flexi loan, I’ll dump it in ASM where the returns % is higher than the loan’s interest rate.

I am however, only speaking about numbers.
For people who can’t sleep peacefully at night because they feel stressed cause owe bank 700k instead of owing 400k.. they stressed because every month have to pay bank 3.5k instead of 2.5k.. then that has nothing to do with financial literacy, just your emotional wellbeing.. which in that case do whatever you want that lets you sleep at night, but it’s not financially optimized.

My credit card due amount is 3x my salary every month. But I sleep soundly. 😴