Keen on purchasing my first house, 385k condo, completion early 2022.
90% loans approved by mbb, hlb, still waiting response from other banks

mbb 4.2% interest
90% loan + 1.23% mrta

hlb 1st 2 years 4.03% , then 4.25%, mrta additional 8k

interest rate unchanged if not taking mrta.

As I know mrta is not compulsory and is a form of insurance. What do you guys think? It's about additional RM20 each month. I plan to upgrade to a bigger house after staying about 5-6 years.

I also got calls from insurance agent friend who is promoting her own mrta/mlta packages. Is it better to go with bank than with insurance company?

Thanks