Yes, they closed the loop hole now. My monthly payment went from 3k to 5.6k for 1.2mil loan. Already parked half of the loan amount in the account. That means, with the new rate, the loan need to be finished within next 13 years

I wonder how they realised it. This is such a major loophole. I mean I borrow from my family members right before revision of BR and put 95% in the flexi loan account and take out the day after. My monthly installment is only RM50 per month    This used to be worth it with low interest rate. Then i was thinking if I only pay RM50 per month until the end of my loan after 30 years what will happen lol I was prepared to argue that it was their system bug. Seems like someone noticed it already 

Haha oh well good times enjoyed a few years of this loophole.

Same here. I parked big chunk just before the latest increase hoping the monthly will reduce to sub 3k. I don't mind paying the new amount but the loan will end before my 20 years MLTA. If I'm finishing my loan before the 20 years period, I might lose the insurance benefit incase of demise

Yeah, since you paid for the premium you should be able to enjoy the full tenure benefits. Can't you just take out the extra amount so that the regular installment extends few more years? That's what I plan to do anyway, withdraw the excess amount monthly from the flexi loan and make regular payment so that it will never trigger early settlement on my part.

Should be workable right?

I called their CS and explain this even the branch manager they said it's the system he also quite shocked by it actually. But say that's how they do it. They only revised the system during BLR revision. So essentially, anyone that got extra cash lying around, inject into the extra account. My repayment monthly now is RM70 after this latest increase because i put even more cash into the account before they revised it. Essentially I got more money to roll when I needed it because my monthly repayment is so low. I did tell the CS service to update the loophole but they say it's not worth it. The system been there for years. So I shall take advantage of it 

it was you who asked the CS update the loophole? 

Same here. I parked big chunk just before the latest increase hoping the monthly will reduce to sub 3k. I don't mind paying the new amount but the loan will end before my 20 years MLTA. If I'm finishing my loan before the 20 years period, I might lose the insurance benefit incase of demise

MLTA should able to move to other properties if the current loan is fully paid....i think yours that end in 20 years time is MRTA or equivalent?

Mine is MLTA

then should be no worry if the loan is early settled, since it can be transfer to your next property.

I have same problem like some of u guys, my loan balance is 460k, monthly payment used to be 1.8k, but suddenly after recent BR increase, the loan payment become 2.3k, i called RHB but they say someone will call to explain. Anyone know whats happening?

What happens is the bank cost of fund increases. They now have to pay higher interest to savings and fds and the extra cost is pass to borrowers to maintain their profit margin.

But normally when each time opr raised, my loan increased by rm50-70, this time its 500 which j think something wrong

I have a loan figure close to yours. My lowest monthly repayment during mco is 2k. Latest is 2.2k

Again depending on banks ... if you signed up for moratorium twice, then some banks will add the suspended payment to current.repayment

If borrower 'enjoyed' the moratorium, now is the time to repay.

For eg ... 2,000 x 6 x 2 times moratorium = 24 000 !

I have a loan figure close to yours. My lowest monthly repayment during mco is 2k. Latest is 2.2k

Again depending on banks ... if you signed up for moratorium twice, then some banks will add the suspended payment to current.repayment

If borrower 'enjoyed' the moratorium, now is the time to repay.

For eg ... 2,000 x 6 x 2 times moratorium = 24 000 !

Hign likely there will be NO another property loan till retrirement. Haha

I have same problem like some of u guys, my loan balance is 460k, monthly payment used to be 1.8k, but suddenly after recent BR increase, the loan payment become 2.3k, i called RHB but they say someone will call to explain. Anyone know whats happening?

Never took any moratarium, in fact i paid extra for pricipal

Never say never...If you're able to clear the loan early by dumping excess cash into it, this proves that you should have enough capital to purchase another rental income properties....Just need to know how to choose the property & manage your leverage well.