Few days back I keep fail to login. Turns out they are upgrading the website? I saw the Baki Terperinci looks nicer now.

One of these days ayam just gonna take out from KWSP and pay it so that no need to always keep track

Eh same boat eh. Mine is not enough to pay 1 shot but enough to pay 50% and get the 10% discount...but...but...sayang hati nak take all to pay

Yea if not mistaken also entitled for 10% rebate if pay more than 50% so 50.1% is still more than 50% right

Still thinking want to do it or not...if pay out 50% then I don't need to pay every month for few years 

Like that gotta continue paying and finish it off early. Hmmm...I once read that finish paying PTPTN off early is actually a good thing...but weighing on using it for property or finish off the loan first is hard

It will show 0 once the number of elapsed months is over provided that you continue to make prompt repayment according to the schedule.

If I not mistaken, if you made advance payment, they should consider it as you already overpaid for ptptn.

Therefore, it shall minus the balance you have until it is no longer sufficient.

I interpret this from PTPTN's officer reply when someone asked them what to do when paid 2 months in advance somewhere in this thread.

I just overpaid my PTPTN as well for the 10% discount.

Hope that's the case or not I'll be coughing blood this 3 months to repay the advance payments.

I paid 50% lor....

I owe them like 2k only. Then the officer psycho me said if you can pay 50%, can get 10% on top.

She told me the extra payment would be considered as advance and I don't need to pay for quite a while.

So I am now confused.

They are very misinformed people.

At least I settled 50% of my debt with them already.

Hopefully they consider those payment as advance instead of just normal payment.

Updated :

Checked my CCRIS and my 50% payment was not even updated for January.

Meaning I am still owing PTPTN despite the fact that I paid to them already 

I used the RAMCI thing. https://www.mycreditinfo.com.my/index.php

Pay 10 bucks and can get it within 15 minutes.

Better pay outstanding. Later they bar you cannot go China.

you are right. better refinance the loan with PTPTN and put your money into better investment.
i found one plan will get better extra $$ than full repayment.

Hi, i'm a bit confusing on the interest calculation for ptptn

I've applied ptptn on 2009 with the repayment period of 10 years start counting from 2012. The one that I applied is Ujrah which is the 1% fixed interest instead of the 3% compound interest.

So I assume that the calculation would be

Loan Amount * 1.01 / 10 / 12 = monthly repayment

But I check the statement ever since I've started my repayment, I've notice there's always a Ujrah (RM16) go into my loan account every month. I've ask ptptn staff, they said Ujrah is the interest. But from my understanding fixed interest should be calculate once, unlike compound interest that calculate every month. Am I wrong on the interest calculation?

so meaning i could settle earlier to save interest on it even i took the 1% interest? My friend keep telling me that this 1% fixed interest is just like car loan, the interest is already added in so settle earlier or settle on time also the same interest amount.

Does this means if your ptptn loan is 20 years, and you pay up the principal and the first 2 years interest in the first 2 years. you will not need to pay for the remaining 18 years interest even under ujrah 1%? 

yes, but like u said earlier, if u settle the principle in 2 years, u can save the 18 years ujrah month interest. Wasn't that a good thing to settle early even if my ptptn loan is ujrah?

This is true, but if you trace back each month statement, you will notice that even if you make prompt payment, the interest won't change, because the interest is fixed

I've asked ptptn staff before, they said if i pay off earlier than the settlement date, ujrah for the remaining repayment period will be waived. I can confirm that.

Nowadays ptptn keep encourage people to repay, so people like me who settle earlier should deserve some discount on interest lol

if you calculated, your monthly payment aggregated throughout the tenure is equal to your loan amount plus interest rate * loan * tenure

you might need to simulate some basic calculation in your case

lets say you owe 20k with 1% interest and 10 years repayment period
total repayment : 20,000+2,000=22,000
ujrah : 2,000/10/12 : 16.67
monthly payment : 183.333 | ujrah = 16.67 / principal =166.66
if you pay 3x per month
monthly payment : 550 | ujrah = 50.00 | principal = 500
total period needed : 22,000/550 = 40 months = 3 years 4 months

Actually from my calculation, early or late, you still have to pay 22,000. You only settle it earlier than the contract period

what is the point behind all these?

We do some reverse caluculation,
if you use usual payment @ 183.33 to pay until 3 years 4 months : total you have paid is [183.33x40=7333.2]
if you use 3x payment method : total you have paid is [550x40=22000]
the different is how you gonna utilize your [22,000-7333.2=14,666.8] after 40 months time

scenario 1 :
you continue pay 183.33 , you have additional 14,666.8 to do investment

scenario 2 :
you pay 3x, you only have additional 550 to do investment because you already settle the loan

get the logic behind?
you only save time, not saving money
but why you need to save time while its only 1% of servicing it? its only matter if you owe credit card which charge you 18% annual then you have to rush like hell