RM211 is already a saving.

The rest of the calculations are irrelevant whether buyer takes BNM HL Assist or normal loan.

I would be happy if someone gives me RM211 every month to help settle my loan.

This post has been edited by mini orchard: Oct 18 2019, 08:51 AM

maintaince cost is more than 211 for sure.. Basically still no difference

flexi loan still the best

but 211 still mean a lot to certain group of people.

This post has been edited by Pain4UrsinZ: Oct 18 2019, 09:30 AM

If no savings, still to take out from pocket RM211. It wont drop from sky.

Why no diff?

Meaning normal loan less pay maint?

This post has been edited by mini orchard: Oct 18 2019, 09:58 AM

What do you mean by no difference? Rm211 and you said no difference.

Who says RM 211 does not make a difference!? You are living in M40 life, you will NEVER know how much this RM211 can help them!

IF you do the math, RM 211 is 15% of RM 1373. THAT'S A LOT. ! I have witness myself, colleague in my company (KL) cook and bring their lunch to work everyday which cost like RM3-5? Rice + vege + meat.

People really dont appreciate how govt helps them. what you expect? RM 1300 monthly instalment become RM650? 50% reduction?

Haha so true. Rm211 is alot. 211 x 35 then do your maths.

I got offer from rhb

RHB approved under Islamic Loan
Loan amount = RM198,000
MRTT= RM13,004
Legal Fee=RM3,960
Total = RM214,964
Tenure=39 years
Interest Rate=3.5%
Monthly Instalment= RM843

Why the mrtt is so high? Im 31 years old btw. Plan to go for 35 years only.

never heard of MRTT, is it same as MRTA? If yes, this is very expensive.. I would opt for MRTA for your case, cheapest out there

RM211 for T20 of course no feel.

😆😆😆👍👍👍

I mean u see.. If you rent house.... U no need to pay maintenance of rm211

Becoz of u owing the house... Yes.. You got a cheaper rate.. Rm 211...

But the maintenance cost is a must costing to pay...
For the owner of the house..

It actually killing n risky for those in bottom line of salary n miscalculated this portion

Owning = maintainance cost
Renting = no maintainance cost

Perhaps u can do aso the math for maintenance cost also, if u owing a house...

Maintaince cost x 12 month x 40 years

.. Maintainance cost increase every 2 to 3 years..

Then why show the calculations for the two different type of loan?

Straight away say not wise to own house because of maintainance. Better to rent ... no maintainance.

To be squatter is better ... No need to pay at all !

This post has been edited by mini orchard: Oct 18 2019, 04:25 PM

Lol.. If don't show the calculations n hidden costs involved, scare people don't get the meaning, posting become no value..

Go to sleep.

Good nite.

This post has been edited by mini orchard: Oct 18 2019, 07:46 PM

Mrta / mrtt is the same. mrtt for islamic loan meanwhile mrta is conventional.

If got the BNM loan, just take it.. Govt spend RM1 billion to pay for you.. definitely better loh.. My cousin got 2.9%, cimb, 35years, 300K rumawip inspiria, pay only rm1200++ per month.. so good.

That’s the price of owning a house. U are telling people that rm211 not worth because it has no impact on monthly savings.. but you are so wrong.

He gets to own a house for commiting monthly ! And you sounds like renting a house don’t cost him money. Try rent a a 3 bedder in Klang valley, easily cost u 1.5k for a decent condo.

https://www.iproperty.com.my/guides/critica...n-overlook-ctr/

Maybe this one will be more details with self explanatory



Let’s assume you bought a really good condominium, something where the mortgage is lower than the rent. Your monthly mortgage payment is RM2,500 but your rental income is RM3,200. That’s a profit of RM700. Surely this is great right? Not likely because you’ve forgotten about other costs. Here are just some of the other costs you may have overlooked:

1. Taxes (assessment and quick rent)
2. Joint Management Body fees (for strata property)
3. Annual improvements & maintenance (repainting, replacing furniture, repairs, etc)
4. Memorandum of Transfer (MOT) on stamp duty (for new purchases)
5. Mortgage Insurance

If these costs work out to an additional RM700 per month, your net income is zero, which is still good. However, if they exceed RM700, then you’re negatively geared..

Copywright to writer

This post has been edited by dave1987: Oct 26 2019, 12:55 PM