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Financial Calculation of MRTA, How to calculate MRTA with loan RM330K

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Fazab
post May 12 2017, 09:40 AM

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All govt housing loans must take MRTA, so you can actually head to the LPPSA website and use their calculator for a rough estimate. MRTA will depends on your age, gender, amount of loan, loan period and which insurance company. Unfortunately the calculator only goes up to 30 years loan period, max.

http://www.lppsa.gov.my/v1/index.php/kalkulator


This post has been edited by Fazab: May 12 2017, 09:42 AM
Fazab
post May 13 2017, 09:15 AM

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Yeah. Even on LPPSA, different insurance panel will guote different amount.

My uncle took 250k loan at age 50, loan period 20 years, MRTA almost 50k.......😨😩

 

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