with MBB reducing it's BR and BLR, will this has any impact to the ASB loan as well?

Yes. I read somewhere that already in effect for Maybank

What is this 5%?

I heard there are alot of ASB loan technique. Mind sharing some of the best?

1 more question, which bank is better for ASB financing? Maybank or CIMB?

This post has been edited by hustlerism: Jul 22 2016, 05:58 AM

Affin's asb1/asb2 loan package is 4.8% now

5% is loan interest rate
"Best" depend on individual. Read this thread to read all available technique there is

Currently, Affin. 4.8% with minimum 5years insurance.

Loan hunting at several banks this past few days.
CIMB : 5.1%
-might get 4.8% if using family plan(loan under your name for family member account)
-insurance not compulsory
-30years period

Maybank : 5.2%
-give me false hope as they said they can give me 4.8% during consultation, later tell me they need to increase because I dont have loan with them(I specifically told them i have CIMB LASB during consultation)
-25years period
-insurance not compulsory

RHB : 5.2% for first 4 years and 4.8% afterwards (this rate 2 days before OPR reduce, not sure current rate)
-25years
-insurance compulsory

I guess now is not really a good time to take LASB, Banks are still adapting to the new OPR and give contradicting advise. I will take a wait and see approach until I find a better deal.

Is it worth it to make a 50k loan first?

Yes. Same formula, get the longest tenure with minimum insurance.
Keep in mind that bank offer higher interest rate for loan below 100k

So should i serve own money or roll the divident gained?

This post has been edited by hustlerism: Jul 22 2016, 03:44 PM

Up to you

Own money and take the maximum you can. Because you only have so much time to build capital. Time passed is opportunity lost. The faster you can compound the interest, the more you can collect later...

5 years mrta not optional?

Currently I'm having 2 ASB:

1. MBB, 50K, 25 years, since August 2012, (RM298/month)
2. CIMB, 150K, 30 years, since November 2014 (RM846.28/month)

Actually I've got some extra money from my student allowance so I just open another account.
But in future I've to use my own money which is actually not enough to support the second account.
So far everything is well return. And in case if I need to pay back the student loan I will just take out the dividend.

Hi, i need to know which one is more profitable?

1) Save own money every month into ASB (~RM1,500) per month

or

2) Take 200k asb loan, use monthly salary to pay the loan and let the divident pile up?

Loan. But make sure to serve it for minimum 3years.

How u calculate this % can teach me? Im paying monthly 310 for 25y with 50k loan.. How much is %?

Any thoughts of refinance current property to invest in ASB? Will it be benificial in the long run?

MBB playing tough nowadays...only give 5.0 to existing customers by credit rating. and who have PTPTN and you didn't pay well, forget about taking ASB Loan. They're linked now. (this is what my banker told me) but I think this is a good move. Pay your hutang first la then talk about other investment.

existing customer meaning those who already have asb loan or those that have any loan with the bank?

those who have loan (any loan) with them. the more the merrier