How to choose the suitable house loan for a fixed income salary people?

Should we go for lowest interest charge? semi flexi or full flexi etc? Longer lock in period is ok since this is for own stay.

Any bank that offers good package currently? Thanks.

This post has been edited by kennykck: Sep 24 2017, 11:53 PM

Go for the lowest and longest tenure as you can. And full flexi.

I wonder why in terms of pro & cons. Care to explain sir?
BTW, I'm also studying about property loans for own stay like TS

Maybank, CIMB, Public Bank and RHB offers good flexible loan plans. Rates wise, they are very competitive. All the banks i mention above they work like full flexi but without overdraft facility (Which requires monthly account maintenance).

Withdrawal charges
Maybank - RM25
PBB - RM50
RHB - Free
CIMB - RM25

If you are an employee, just ask yourself 1 simple question.
What is the biggest loan with longest tenure and lowest interest that you can get?

If you're a salaried person then it will be recommended to take a semi flexi loan unless you got income and expenses moving in and out frequently like a business owner.

Semi Flexi
- Normally comes with withdrawal fee
- No need to maintain current account
- Will need to wait longer for your money to return back to your savings account
- No monthly fees
- Usually recommended for people who are not business owner 

Full Flexi
- Normally doesn't come with withdrawal fees
- Need to maintain current caccount
- Don't need to wait for your money to go back to your current account to make withdrawal
- Monthly fee to maintain your current account
- Usually recommended for people who runs a business as money comes in from businesses, it will save interest on the daily rest. And the business owner can use that money again a few days or weeks later for his business.