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 PPA1M General Discussion Thread, for civil servants to share n discuss.

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benjy8769
post Sep 27 2018, 10:49 AM

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QUOTE(Creampuffin @ Aug 28 2018, 12:45 PM)
Anyone trying for PPA1M Trifolia?
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My sister did. And was offered. But no other news yet.
benjy8769
post Jul 21 2019, 02:24 PM

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Is it possible to get full loan for PPAM? Looking around for banks which can give highest margin. icon_question.gif
benjy8769
post Jul 21 2019, 04:16 PM

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QUOTE(powerlinkers @ Jul 21 2019, 02:41 PM)
Government loan, LPPSA :100% loan, 4% Interest rate

Private banks/financial institutions : first home scheme:100% loan, high interest rates

Other housing loan schemes in private sector, local banks:90% loan. Interest rates are based on your credit rating, Public Bank offers the lowest in the market(strict filter, if you default 1 month:your rate jumps from 4.15% to 5%+)

If you are talking about debt to service ratio:CIMB offers the highest :85%, followed by Hong Leong bank and bank rakyat(interest high)

LPPSA: limitation is max 60% of your salary deduction for housing loan and 80% of all deductible)
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Thanks! notworthy.gif

 

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