LOL investment in easy  mode, only in Malaysia

So if I can't affor RM 900 per month, but probably RM 450 per month. Can I get loan for RM 100k at first? And maybe later if I can afford RM 900 per month, can I upgrade(?)/refinance the loan to RM 200k? Or just get another loan for another RM 100k?

Which bank has the best rate now?

Two banks have the best rate of 4.85% p.a. now

I know one is HLB. What is the other bank?

RHB

Hi..i take asb loan 200k 4 years ago..now in asb alrdy have 260k..60k dividen softcap...can i take 60k out and put at asb2 and do another 60k loan or better i just take loan for asb2?

May I know why we discuss racism stuff here?

I already got 30k loan with MBB. Loan balance 18k. But interest at 5.25%. I was offered by HLB interest rate 4.85%. He suggest me to switch to HLB. But I was thinking then I would lose the 30k cert, and end up start new loan to get that same 30k cert. Is my thinking correct? I don't know whether worth it or not to start new loan even though I can see the benefit of lower interest.

1. You can loan an absolute max of 200k, so your first method-attemp would not work

2. Asb2 is currently closed for all banks, only opening for a short while before closing again. You need to be lucky to be able to loan for asb2

So there... You may consider refinancing your asb1 finance if the rate is above 4.85% though

Its not just the lower interest. You would get the capital which you can further reinvest in asb as cash

Worth it

Yeah, as you can see through skimming.. you would notice that the units are being auctions at below the loan outstanding prices. For example: Mr. Lee bought a property from a developer at RM500k, with all the rebates and what not, he only took an RM400k loan. After the property is completed, he could not afford the installment due to the lack or low rental income coming from that property. The property was repossessed by the bank and auctioned off at RM300k after a few rounds of no-bids, thus reducing its reserved price.

Mr. Lee now owes the bank RM100k, which is the difference between RM400k vs RM300k, and since this amount is above RM50k, the bank has the right to sue him to bankruptcy to recover their losses.

This is what  I meant with the advantage of fixed-price of ASB units. The RM200k loan that you took is collateralized by RM200k worth of units, which would not have lost any value going forward. THe moment you can't pay your installments, the bank will just sell the RM200k certificate back to ASNB, get their balance back which would always be lower than RM200k (due to you paying your installments over the years), and you would in fact, end up with cash.

No bankrupcies. Unlike Mr. Lee.

Asb isn’t giving the best return? U must be kidding. Tell me other funds by private sector which are guaranteed capital and interest higher than loan repayment since inception.  If it is not the best fund u can get, then I think you are just not grateful to be eligible.

where got guaranteed. You have to look at returns from the perspective of annualized returns, the longer the better. There are other funds giving higher annualized returns than ASB. Public Mutual's Ittikal fund for example.

"not grateful" whahaahahaha... what the hell do you think I am doing now? 

I see..thnks..if i do the refinance i will loss the dividen for at least 1 month rite?

asb is just another ponzi scheme la

The bank person did mention about capital. I don't understand how taking the dividend to reinvest into the loan will do me any good. It's like I'm giving the dividend that I waited to get for few years to the bank for free. Actually I was getting angry when he suggested that. I actually put down the phone before he could explain further.

ok understand
you have very good personal skill
so thats how people go bankrupt, no wonder
thats why i never support house as investment but as ownstay

bank rakyat the best ever i believe damn 14 percent

Yes. but if your interest rate is high anyway, you would recoup that "loss" within a year or two. For example, your current financing is 5.45%, and the best rate is 4.85%. The difference is 0.6%. If you have RM100,000 financing, you would have lost RM600 for that year alone. By refinancing, you would lose 1 month's dividend which is when calculated equals to:

RM100k x 6.5% /12 = RM541.

So you sacrificed a year's worth of dividend to save 0.6% interest each year.
Can you prove it? Or did you just pull it out of you behind?
We could do a sit down or I could try to explain it here.

Take this example, someone who refinanced at the 5th year, he would have earn back RM12k in capital.

So when he refinance, his capital would be RM200k (new financing), RM17k (the capital returned to him) and RM74k which is the dividend he has collected over the 5 years, for a total capital of RM291k. So going forward, in the next year his dividend would be calculated based on the RM291k capital.

Compare this to him staying put, his capital would only be be RM274k

You are essentially comparing 6.5% (expected dividend) on RM291k vs RM274k

Thank you.
yeap, but limited units  You have to queue and wait for your turn/chance

Sorry. The 74k is dividend. But 12k and 17k come from where?