I think the math checks out no?

interest tak masuk?

They dont know 70:30.

But suprising withdraw 11k kwsp still left so much balance, he didnt instruct the bank to allocate to pay principle.

LOL at the comments. Say cannot have interest. Then can buy ASNB and expect untung

Ehh. Kamu kena bayar bank interest.

Macam pinjam 35k then bayar 35k Kah?

Rumah 35k ??

what kind of rumah 35k i take 2 pay cash

is like that lo, last time help my dad pay for the 42k flat, montly pay 300, after 10 years already paid 30k+, but still have 30k to pay off after 10 years.

low cost flat 20 years ago is that price.

This post has been edited by anakkk: Apr 21 2025, 07:25 AM

That’s why full flexi housing loan was best, ayam clear 30yrs loan in 7 years.

*removed*

This post has been edited by cempedaklife: Apr 21 2025, 07:41 AM

When sign agreement and bank loan hentam Signature only is it?

what difference full flexi and semi flexi?

hmmm, is a common thing -- the ratio like 20% to principal, while 70% to interest -- correct me if i am wrong, and slowly increase the 20% to like ? finish interest hahaha

kesimpulan: mathematic gagal

Bayar Bulan only Rm200....WTF.....Rm150 are bank intrest...Rm50 are house Installment.....Rm50 per month..you pay 17 years sure still kanasai....

B40 don't no math la.

B40 mindset is expect loan 30 years, but finish pay in 10 years with minimum installment. if more, then meroyan.

I wish I can find a house in kl with that price.

you can check wif bank for clarification no?

bank is just legal ah long
interest cekik darah

If based on your RM50 principle payment for 17 years + the guy already dump 11k EPF into his loan…the guy should left with 13k principle left to clear

tu baru bayar interest kot..

This kind of ppl, calling them maths gagal is an understatement. More like otak gagal

tolong rekomen kalau ade org lain yg sanggup pinjam 500k dan bayar ansuran 30thn.

tqvm

Late payment, compounded late payment interest

Owed fire Insurance for years


Malaysia, even 30+ still think like 6 years old

not even worth a facepalm. there's many of those out there.

moving along now...

Nasib bail kurang bkan tambah 😂

35k loan i assume if loan 30 years gonna end up pay 2.5 times of the total house price.

87.5k total if you pay on time.

Full flexi u can take out money or pay extra whenever u want, no need inform bank in advance.

The way my previous full flexi work is I just dump all my salary into the current account, the balance in current account will offset the loan principal automatically. I can withdraw from this current account any time or any amount as I wish. That way your uninvested money will always work for you to reduce loan interest.

Even when your deposit already fully cover the loan balance, it’s up to you whether u wish to officially clear the loan or just leave it as is (loan still exist but zero interest charged).

that's y must watch videos cara orang cina beli rumah by FF.

Like some1 comment.
Also back then 25 years alot landed double storeh at cheras/kl area below 50k only

Put signatures on so many papers and yet don't understand a thing. So many of them

Your interest is based on how much you owe, after settle interest, remaining installment goes to principal.

In the beginning it appears all installment went to interest cause the amount you owe in beginning is high.

If you park cash into loan 100%, your interest is 0.

cannot be 25 years.
in 1990s cheras/ampang area still around 70k to 100k.
in 2000s norm is around 200k.
in 2010 it is around 300k
in 2020s it become 500k and above.

it has be 40 years before, then maybe 35k

This make sense.
There may be yearly fire insurance auto renewal + other additional insurance which the homeowner didn't pay extra and let it park under the loan.
Another things is MRTA/MLTA which add-up all the loan amount.

No wonder FinancialFaiz pissed-off with this kind of news. Always blame banks but not the loantaker ownself.
All his effort to educate ppl about loans like throwing water onto the floor.

Ok late payment makes a lot sense then

the 35K is likely refer to low cost apartment

how much was your loan?

old flexi loan can have zero interest if money dumped =/> loan balance, new flexi loan will only offset 70% loan balance as bank realized the disadvantage of old flexi loan

About 30 Years ago.
Rumah Low Cost during Mahathir time.
My House at Lorong Nipah 6. Lorong Nipah 7 - 15 are those Rm35k low cost house. My Father that time also interest to buy but not qualified, his Salary was too high.

Lol I immediately think about this because interest = haram.

must be do not aware about the rate changes due to OPR and still paid with an old amount.

35k loan is definitely non flexi loan
Aduhai
Amortization chart definitely check out correctly
And yes, he hasnt instruct bank to deduct principle, and maybe his term loan cant clear principle only

https://www.calculator.net/amortization-cal...ulate#calresult

This post has been edited by taitianhin: Apr 21 2025, 09:10 AM

you are wrong. true B40 mindset is take loan already then don't pay back. then when bank/ahlong come and collect money or confiscate assets, they cry father cry mother then ask for a certain religious group to help nego

In the end bank still smarter

This is the same gang as the PTPTN whom borrow and don't pay....

Interest in another way.

Loop hole.

Topkek ariba riba anggallelelele

Too bad for new borrower, that’s why ayam said full flexi WAS the best.

Dad bought double story house for around 60k-70k in the early 90s.

Can't say exactly where, but its a 15-20 drive to KLCC if there is zero jam (impossible nowadays la).

The houses in my area, if you tried to buy second hand are worth 500k to 1 mil. No joke. 60k-70k jump to 500k-1 mil.

Also, like what happened with these years. 70k to 200k+ is an insane jump for 10 years.

This post has been edited by gamehype: Apr 21 2025, 09:23 AM

That is why financial literacy very important...

When BLR/interest rate turun, need to apply to decrease interest rate with bank. When naik, bank send you letter stated they will increase the loan repayment.

So everytime you need to apply to decrease in accordance to BLR/interest rate. Is this apply to all loan types?

low cost flat ler bro...

my father has 2, both priced 30+k 20 years ago. now one 100k kekpot but the other one....bulan2 rm700 sewa

i mean rm700 for a fucking cage is kinda ok...but i tell ya, these "low cost" ones sure byk porblem and very slow one to sell cost need approval to sell from gov

that includes "low cost terrace" built years ago

now the houses here likely around 700k ~ 800k.
mine corner lot should be around 1m plus

Okla, baik lagi bayar Rm300 until hhnngghh, then get 50K

Coz expect to be treated like 6 year old.

want something?... simply cry and throw tantrum.

I always feel property was never cheap or affordable in any era. For majority, yes can afford but not like the kind that can afford 10-20 properties kind.

Thats y most majority of us don't inherit 10-20 properties hahahahaa. If it was that affordable, majority of us would be sitting on 20-30 properties from our grandparents, then our parents etc.

This post has been edited by cms: Apr 21 2025, 09:32 AM

When there's 120iq people there are also the 80iq people that we rarely mention, now we are looking at one.

B40 fail in math.
Pergi tengok building bank yang beasr dan cangih tu. You faham wang dah pergi mana.
RM200 per month, better than bayar sewa.

house interest is pay 2house price one

this is the way.

no riba. no interest. fair & square.

ayam sure you also want this kind loan scheme yes?

Checks out.

It is frustrating, but Bank Negara and other banks are seriously worst than Arlong when it comes to House Loan, more than half of the loan period are majority you're paying the interests 1st, and because of that, the interests keep piling up because your principal only decrease only a small amount each year.

This post has been edited by hteekay: Apr 21 2025, 09:41 AM

Win win laa..bank get profit RM 50k..his house 17 years MV now how much? Must be more than 100k.

Why never consult FF?

my father bought a subang condo unit for about ~30k during 1980s before construction, now if want to buy the same unit it's already ~250k

if it's the terrance house / link house even worse, 70k~100k, now it's already at least 750k, some if refurbished fully can go to 1mil

Don't complain bank itu ah long when you no money to buy house/car. Kalau capable fork out itu 35k sendiri.

House loan is mortgage amortisation. Masa sign loan document itu hentam sign saja?

Topkek.

pay loan for 17 years never once look at the bank statement

More like when sign loan agreement buta buta

No one talking about buying 10-20 properties.

But let just take my father example. He bought a double story house for 60k-70k in the 1990s

The houses in my taman now is going for 500k to even 1 mil.

That is a 10x increase in price. But has salary increase x10? I don't think sooo.

This post has been edited by gamehype: Apr 21 2025, 10:20 AM

yes and i am wondering why cant the bank negara instruct local banks to have 50% principal and 50% interest from the beginning until to the end. if cant 50/50 at least 40/60 lol

tats y at least spm is important

You loan me RM100k now.

I pay you back RM100k 50 years later. If you and me pass away, I ask my son to pay your son RM100k 50 years later

Naise one bruhhhhh

Banks are licensed ah longs kek

That's how PuAS succeed in kelate

never check just blindly pay assuming its only 200 oer month without taking in the interest then blame the bank always salah orang

Ohh really??? That's sadding news.

As if bank will do it lor.

Butbutbut ayam want high interest on FD juga.

How ar? Bank get moneh from sky?

This post has been edited by Ayambetul: Apr 21 2025, 10:48 AM

Min instalment ✅
Longest tenure ✅
Binggung✅

Win liow lo

This post has been edited by jojolicia: Apr 21 2025, 11:08 AM

11k masuk advance payment la tu or not yet disburse.

I did ask this question to the anti Islamic Bank / anti riba dudes on FB & on TikTok.

i was labelled as kafir/munafiqun because I toyed with what has been written in the Quran.
i asked them: which part is riba if i borrow RM100k then later payback exactly RM100k? But the loan repayment tenure is UP TO ME, for as long I try to fulfill the loan repayment.

TROLOLOLOL.

I really hate these anti riba hyprocytes. The only solution is Islamic Bank but they say it's backdoor riba.

From which source will bank able to sustain/make profit you ask if borrow RM100k, payback RM100k?

that one I don't care LOL.

Becareful what you wish for

Want anti riba kena borrow moneh from holier than thou people

Bebawang

young time teacher ask to study math properly dont want...wanna become lalabeng mat rempit

grown up become bodo dunno calculate loan...amortization...knnmcb

-

This post has been edited by cmk96: Apr 21 2025, 11:26 AM

Normal lah, 17 years ago at year 2008 probably housing loan interest around 5-6%, house 35k, 35 years loan instalment total RM84k.

For the first 10 years, majority of the instalment are serving the interest

too many people dont know how compound interest in home loans work.

Don’t remember calculating home loan is part of math class

this is why every month i see bank transaction for my house its damn tiok. i pay RM2.8k/mth, then interest RM2.1k/mth. so basically im only clearing RM700/mth in principal zzzz

thats why my pama back then offered to give me some cash to reduce the principal back then. i need to throw in more monies inside principal to reduce the interest ed

35k can straight pay lump sum

Take their offer. Pay them interest is better than letting bank shareholders rich

Where got min installment, the installment amount will be same, just the allocation for the principal is higher compare to lower as per current ratio.


secondly, bank can have tongkat for the longest period until when ?

yeah but i feel damn bad la, like stealing their retirement money so i declined their offer last time. so now i just pay more every month so the principal reduce faster (but obviously not fast enough)

Just ask them again. The fact they can offer it means they don't urgently need that money

Yeah i get it. So lets find ways to make more money or just use less. Else it would be worst in the future.

So, example I use full flexi loan and buy a 300k house, I paid 30k dp and just need to have at least 270k in my current account. Then the loan interest will reduce a lot because I basically already have270k and can settle immediately or just leave it as it is?