Normally I'll suggest customer to take max loan tenure n max loan. Cuz since u're so young, if u take max tenure then the monthly installemnt will be lesser. So mayb u got extra money you can do others investment..money make money. if u loan 100k u also allowed to dump in 100k so the bank will charge u 0% interest, no any charges, no penalty..

For example,

monthly installement we have to pay 2 portion, principle and interest.

Loan Amount : 100k
Loan Tenure : 30 years
monthly installement: RM800
principle : RM300 Interest : RM500 (no dump any money into your CA)

Let's said u got dump in 50k
so, maybe principle : RM300 Interest : RM400
the RM100 tat u saved we will rebate it into your CA.

P/S: this is just for an example. The interest saved calculation is not accuarate.

This is just an example la..For rich ppl sure they will dump in more money la...
i got 1 customer borrow 150k dump in 150k la

this also can argue..dizzy

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Added on May 26, 2008, 11:31 pmgot lockin period la sure every bank have la 5 yrs 9%..standard la, just u can dump in money any time withdral it anytime no penalty charges only....sorry forgot to mentioned we do have rm10 monthly maintenence fee and rm200 one time set up fee..pay upon signing the LO.

This post has been edited by Errie: May 26 2008, 11:31 PM