Sep 9 2008, 06:21 PM
QUOTE(DinKnight @ Sep 9 2008, 03:17 PM)
I'm very interested in this terminology between Flexi and Fixed loans as well, need to decide which type is better for me in the long run to save on interest.
By the way, I recently called up one of my housing agents, I want to buy an RM 255K house, loan 90%, tenure 30 years, BLR 6.5... she calculated and said the monthly installment is RM1,300. Wonder if it is correct....
By the way, I am 25 this year. Can tenure be 35 years?
It's depends on the interest rate and with/without MRTA. If BLR-2% whole tenure for 229.5k, 30 yrs tenure without MRTA, monthly should be around RM1200.By the way, I recently called up one of my housing agents, I want to buy an RM 255K house, loan 90%, tenure 30 years, BLR 6.5... she calculated and said the monthly installment is RM1,300. Wonder if it is correct....
By the way, I am 25 this year. Can tenure be 35 years?
some banks offer 35 yrs tenure or up to 70 years of age.
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