cash is king problem solved

as long as you can rent out and your rental can cover loan you are not really losing in the long run

you buy off the plan brand new, then you going to take the depreciation hit la

Now Bang Nuar gonna remove the subsidy, then at least help us to reduce our house loan. Just set bank max can only charge 50% interest of the house loan amount. Problem solved, all happy

that's the standard mortgage calculation for fixed installments.
unless bank allowed you to have reducing installment, you can't have same fixed portion for interest and principal.

like how?

u can't exactly fix the interest rate

otherwise those Rating agencies like Standard & Poor will be after our ass, and downgrade us?

if your loan type is not Flexi or Semi-flexi then you cant...
If your loan are those flexi. you will see extra amt paid in online Maybank, loan screen

While we're at it, why not ask to increase our employer EPF contribution to 50% too?

pergi tinggal hutan la setan

kan ade rent . owai

If apply semi flexi loan 300k and put cash 300k park into that flexi loan acc then still will kena interest??
Emergency time still can cash out from that acc jz charge abit only .

math failed.

totally failed

IF ONLY they let u put 100% of your loan amount lol.

The standards are fixed by the banks. If they want to change it they can but they won't.

I'm saying they skew too much in the banks favor. You're paying around 90:10 interest vs principal during the first few years of the loan.

Many people have impression that housing loan is similar to hire purchase. The banks want profit but this is too greedy. If ah long do this everyone condemns but if banks then it is ok.

Then wat is the max % allow to park into flexi loan acc?

Bank daily profit is Rm22million ya. Almost Rm1mil every hour


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Now only u know.. u got take mco moratorium also?

This unker is smart. Not bad unker..
Buy those 500k above.. bank has the last laugh

take revenge..buy back the loan's bank share..

surely all banks allow capital prepayment. the procedure for each bank is different though.

The idea is there...
But I remember there is a clause in Loan agreement that We cant put 100%. The max is around 70% or 75%...cant remember...