Salah calculation.
It was 3% of 7 years earlier vs 6% gains after 7 years.
Option 1,
You paid off 100k car loan.
No money to put asnb.
But can top up asnb 17k every year for 7 years.
End of the day asnb got 150k with 6% compound.

Paid 100k, left 150k.

Option 2,
You borrow 100k car loan.
100k in asnb.
Paid loan 17k x 7 = 121000 over 7 years.
Asnb got 150k with 6% compound.

Paid 121k, left 150k.

Uncle, I draft quite quick, ask me again if I missed out anything.

Our own way always best way

I realised financial mathematics is most complicated from my engineering mathematics...lol

Uncle, can la..

The most important thing you missed out.. if after you paid off in one shot, can still top up the loan installments amount to asnb.

this is my personal opinion,
what if you cant topup 17k every year ?
also seem asm so far only special day can  topup    (i new player this year though)

lucifah also make a good point on this
based on the rate from 2014 , asm 2 & 3 keep dropping lucky this time maintain at 6.00..

its not risk free

every month credit card must pay on time, or the interest will spiked to 18% p.a.

If u have 100k cash n opt to take car loan based on the above terms.
U put the 100k cash in ASx, then every month u take out 1440.50 to pay your car installment.
At the end of 7 years after paying off the car loan, your balance in ASx is 1281(including compounding dividend), not 142000-121000=21000. Assuming ASx dividend is 6% for 7 years.

The car loan 3% is not half of the 6% dividend, that is what I am saying where many make mistakes.

make sure to add 'ASNB' or 'ASX' or 'top-up' word in each post....otherwise kena kick or kena red card

28,888 more ong 

never top up...after try and then cancel...just to show-off here.. he he

Indian 30k ASM3 quota....anyway my balance + 28,888 already exceeded 30k...but still can get with single attempt...i think a lot of available unit for Idian in ASM3...

tried again now with 30k...still can get with single attempt...

you have to go to ASNB office to set your race as the correct one

sorry, it sounds a bit racial 

if u are registered as Indian race in ASNB, then should get ASM3 easily...i dont love ASM3 much...so i dont top up ASM3 much...
Indian allocation for ASM3 is RM1.5b with RM30k cap for each Indian including for each Indian kids...

good opportunity for Indian to open ASNB FP account, as ASNB closed door to open FP via VP...but many still don't use this opportunity...

this, i really dunno how to convince them

they even lazy to move to other bank, worst is current bank no promo at all 

these units are always never available...

this, i really dunno how to convince them

they even lazy to move to other bank, worst is current bank no promo at all 

4.4% must be for loan amount more than 1 million with super good credit score, plus must take their MRTA 

Or maybe they trust pidm than zeti.

How come you so expert on these?

Madam knows too details, like first hand experience. Ayam terkejut.

Uncle if want to convert into islam, can ask madam teach.

Not the 6% problem, but uncle can marry 4 wifes if converted. LOL