if you really have financial constraints ..make sure you buy full term of MRTA ( alot ppl pinjam 35 years ; but MRTA just buy 10 or 15)

incase shit happen ; it wont be burden to your family

If i may ask, how much is the different after you pay your principal amount.

are we allowed to continuously withdraw our KWSP for this or its just one time?

nowadays still got Basic Term Loan? of 4 banks i go to apply loan last year, all say semi flexi or fully flexi saja...

which bank offer u Basic Term Loan

dia belum kana 10% and above interest rate like in the 80s and 90s

i apply housing loan around 2021 October, yeah, bankers still sell me Full Flexi
but i take up Semi Flexi....
but weird is Basic Term Loan....tot obsolete ady?
how come ts mentioned got such loan offer?
very curious which bank

mine is full flexi then.
only cons is got fees on current account.

I think full flexi is worth it, they charge u rm10/mth but you can deposit/withdraw from the Current Account just like any regular account.

U just need like rm4k inside to "offset" the monthly rm10, if my calculation is correct hahaha

Basic Term Loan
Is this still offered nowadays? Anyway i think the other 2 loan types are better

Semi Flex Loan
withdraw fee typically rm50
For rental, can only utilize whatever interest charged (when u have cash in acc the int charged will be lower) for tax reduction purpose compared to full flex

Full Flex Loan
Generally slightly higher interest than semi flex
No charges when withdrawing
typically charge rm10 per month for account maintenance
Can only utilize 70% of loan for interest reduction purpose, check with bank if there is this condition. ie will still get charged on 30% even if you put in 90%.
For rental income can utilize the whole loan amount interest charged (irrespective of amount of cash is in acc) to offset for tax purpose.
So here is my opinion.
If you have lots of cash and you want to put in more than 70% of loan, go for semi flex
If you use a lot of transactions, go for full flex.
Rental purpose, go for full flex.

Do an excel simulation if you are not sure which is better.