MRTA:
-More expensive than MRTT
-If you have extra money to pay monthly
-If no die, you will have extra money, it acts as insurance+saving
-If you sell house, no need to buy new MRTA, you can transfer it to the new house
-If you die, your house will be fully paid + chance to have extra cash to give to your next of kin
MRTT:
-If you cukup2 makan after pay monthly for house
-Decreasing value, if no die, you will only get the house, no extra money
-Attached to 1 house, if buy another house, need to buy another MRTT
-If you die, house fully paid, but no extra cash for your next of kin
I'm not sure if the interest rate should be taken into consideration here
Expert, please correct me if I'm wrong
I thought MRTA and MRTT is the same thing? Or u r talking about MLTA for the first one?