You are comparing the wrong class. With a block of affordable housing, how to be classy? Lol....

You don't get it ah Siao. It not about comparing. Malai name also ada classy. Lol

This post has been edited by HELLO HELLO: Mar 20 2015, 10:18 PM

Apa classy, I only feel geli

Actually semi or full flexi have the same rate, juz that one let you withdraw your extra instalment easier, another1 harder...

Some banks dont do full flexi. So, i wanna know.

my understanding from close banker friend full flexi way of calculation more worth....thats why some banks dont provide full flexi..they cant profit enough

Please can you explain in what way full-flexi is more worth? Lower effective interest rate?

Yea, I wish to know as well.... BTW, as what i know full flexi and semi-flexi also using the daily interest calculation... how come now diff yea?

Hahaha... all busy calculating interest on the loan d.. if need any legal advise do text me.. young lawyer here, to share and learn some investment tips.. happy loan-ing.. lolss!!

http://loanstreet.com.my/learning-centre/f...ty-loan-options

in details the difference in calculation how it will effectively reduce principle i not so sure. (Need to consult experience banker)

Well... it mentioned interest calculation is following the method of reducing balance. It didn't mention there is any different between fully and semi which there is a different in interest calculation.. I presume both using the same method, hence there is no different in interest calculation for fully and semi... So, in regards of those easy withdraw out $$ thing, additional charges when withdraw $$... For interest calculation, there is no different my friend...

What your friend was trying to tell you about the advantages of flexi over semi is you can put any amount of your $$ into your acct because it is easy to withdraw from it and no additional charges. Therefore you could save more. For semi, you cannot put all your $$ inside as you still need them for daily uses...

But when you have more than single loan, you won't want all your loan to be fully flexi as fully flexi have monthly charges... It is depend on how you manage your loan accounts... Sometimes it is hard also as rates chance over the time... If there is a bank that can allow to switch of from fully to semi and vice verses, there will be damn good.. LOL...

This post has been edited by JustNobody: Mar 23 2015, 11:22 AM

Come to think of it, this project leasehold left how many years from completion? Still 99 years?

Was told 90++..

Thanks for the fine explanation. Was reading about the pinned post of housing loan in the main thread and understand that there shouldn't be any difference in terms of interest calculation hence no such thing as full-flexi is more worth. The facilities attach with full-flexi loan make convenient especially to businessman who has plenty of cash flow but not to fixed salary man.

This post has been edited by cubear: Mar 23 2015, 03:10 PM

90+ years are good enough!

This post has been edited by cubear: Mar 23 2015, 03:18 PM

90+ is not good enough... maybe the building can sustain more than 100 years ma.

If there's no monthly charges and no account setup fee for full flexi account, is it a better option compared to semi?




Lease expires in 2112 if I'm not mistaken

LOL... If rate also up to market level.. I really want this!

Any bank offer this?

Actually maybank had made it easier to withdraw advance payment from ur loan account. U can do it via m2u and fees is rm25.

Full flexi u need to pay rm10 per month and u withdraw the advance payment via cheque. Every piece of cheque is rm0.65. Not entirely cost less though.

This post has been edited by keane04: Mar 23 2015, 11:08 PM

Yes, there are. Go for Islamic package which waives the account setup fee of RM200 & monthly maintenance fee, enjoy 20% discount on stamp duty on loan. But Islamic package will have to sign more agreements which might cause the legal fee slightly higher. Consult Amber's consultants for detailed info.

This post has been edited by Fat3Twister: Mar 24 2015, 09:53 AM