What? No, the lowest rate is now 4.85% p.a. at a maximum tenure of 40-years or until age of 65. If you are 25  or younger, you can get 40-year tenure. RM200,000 financing = RM945/m



I have also attached the PDF at the bottom
That is a given. But we work with what we have. This is much better than properties though:

a. fixed price per unit, your collateral remains the same price unlike properties which can fluctuate
b. properties have a lot of hidden costs
c. properties require a lot of management - tenant, payment, damages, etc

Yeah, definitely. But there are a few assumption that you need to make, as per any investment return calculation

1. Financing rate is currently at 4.85% p.a., with a 40-year tenure

2. Last year ASB return was 7% p.a.

Since this is a financing (amortization) and an investment (compounding interest), you can't calculate the total returns by simply finding the difference between the two figures. You need to run both accounts (loan and investment) amd compare the results. Check out the examples below.

As per any calculation, we need to make some assumptions. We are assuming that the interest and installment remain throughout the 40-year tenure at 4.85% p.a. and RM945/m; as well as a yearly return of 6.5% p.a., with compounding interest (meaning distribution is allowed to be reinvested into the fund)

a. Loan account, total payment of RM0.453M


b. ASB account, total return of RM2.483M

I see, so you are eligible to open ASB account and qualify for ASBF but refuse to sign for a financing ? If you had said this was because of a combination of these concerns:

a. lack of  confidence to service the financing installments,
b. interest-rate risks (variable financing rate)
c. distribution-rate risks (returns may be lower than expected)
d. your portfolio being affected by two (2) risks explained above

Or any form of legitimate concerns that we can both discuss and go over - the worst that could happen was for us to agree to disagree but remain respectful and amicable to each other.

However: "say no to tongkat offering aid to bumis means look down on bumis say no to racism against bumis" is not worth any good response from me.

Have a good day.
The best time to start your ASBF is at the age of 18, the next best time is NOW
No, you just need three (3) months payslip. The idea is that the bank financing would provide you with the RM200,000