Company money still own money ma.

Every month bayar RM7,400 interest wo, sure sakit.

RM7,400 can hire two staff to expand business empire

You cannot offset 100%. Will auto close account wei.

The last time I asked, Maybank full flexi comes with compulsory overdraft facility. You don''t use put kena pay some fee (can't remember what it's called). The semi flexi is easier compared to PBB in terms of withdrawing excess payment when you need it iirc.

This is the problem when school don't teach you financial management and loan calculation.

my account never closed. put 300k in, 300k interest less. That's 100%

Those doctors and proffessionals, takkan all of them buy using company money? I wonder how you come to the conclusion people don't use own money and name to buy RM2mln properties. It's not that expensive for these people.

What's your outstanding loan amount?

300,010. left rm10 there to enjoy free overdraft facility

If leasehold, after 99 years. Govt can claim land, redevelop and sell bak to your grandchildren.
Happened to some shoplot owners in undisclosed location in Malaysia.

Progressive drawdown disbursed mean loan released for the stage completion. Example if spa 600k. Completion of stage 2a piling (10%-60k) stage 2b structure (15%-90k) and so on.

For highrise, these 2 stages will incur longest/ most cummulative u/c progressive interest till VP. Therefore work towards to zerorize 2a&2b in the coming 36 months, the sooner the better prior to VP.

This post has been edited by jojolicia: Oct 10 2023, 03:41 PM

So thy will jz deduct from the 300k for monthly repayment and no loan interest charge coz u loan nth?

what? okay lo....if you assume they are same

Ceh.. that means not 100% offset lo.

impossible to happen in malaysia as we are more to religion school instead of finance

yup slowly deduct. The rm10 will still generate tiny outstanding interest though

ok, 99.999999% if you want to be precise

doctors also got Sdn Bhd geh....don't be surprised....

even so, they can lease back or use rental contract to back up...

where got free.....it is your money oiii.....uncle got real OD facility at RM 4.3 millions....interest same as BR + 1.2%....this one baru make sense oiiii

Haha okok so the loan interest only charge on the remaining RM10 till u decide to make it as fully paid .
Withdraw 1 time fees is like RM25?

Try putting in another RM10 and see whether the loan is automatically settled or not lo.

If u loan me 350k, after 35 years total i pay to you is 700k, will u approve?