I think will take conventional.

But in the longer run from my observation not much difference. I mean for a period of 20 to 30 years.

One thing I notice now days banks tend to change the installment when there is a change in BLR or BR. Previously they don't do that.

Is Dextora completed?? What was the initial price and current price?

Cancelled post

This post has been edited by vknight: Aug 18 2015, 11:05 AM

Maybank charging higher spread because their base rate is lower. Worried if they increase their base that int. Will go up

Base rate or BR is an alternative to BLR. You can take something similar COF. Cost of Fund.

Banks are allowed to calculate their own BR. In general terms BR is the cost of fund for the bank to lend.to u. When they lend to u, the spread is the profit the bank makes from you.

Simple analogy. You borrow from someone at 4% and lend out at 5%. So the BR is 4% and spread is 1%.

Difficult to saylah bro. The spread which is the banks profit is fixed. The BR - the cost can fluctuate.

My worry now is Maybanks BR is low now. What if it cannot maintain low BR and it increases. The spread is high then end up.paying.higher interest.