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 ASB loan, worth to get it???

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adamhzm90
post Jan 31 2018, 11:33 AM

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QUOTE(Ronald K. @ Jan 31 2018, 11:32 AM)
Yep instalment will remain the same if difference between old and new instalment is less than RM50.
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oh good to know.

thanks
adamhzm90
post Apr 19 2018, 10:31 AM

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Sifus,

I have an ASB loan since last year of RM45k and already gotten the dividend.

let say if i wanted to maximise the ROI, should i get another RM50k loan and pay the loan using the dividend from the previous asb return or just let the dividend compounded in my ASB?

I am targeting to cancel the loans in 2/3 years time.
adamhzm90
post May 8 2018, 12:18 PM

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QUOTE(chilskater @ May 7 2018, 06:04 PM)
explanation like this lah i want..kudos bro..cant afford to pay RM1K per month for 12mths for the loan..how to calculate for 50K, 100K and 200K..eh btw interest is 5% fixed or follow BLR/OPR?
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why die die also want to take rm200k loan?

mine is only for rm45k because i want my monthly repayment to be under rm250 at the time
adamhzm90
post Jan 3 2020, 01:57 AM

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Wow 40 yrs teanure. Tempting
adamhzm90
post May 6 2020, 12:34 AM

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Since economy is challenging this year, better to save manually in asb or subscribe asbf? I calculate that i have extra rm600+ per month to be dumped monthly to Asb
adamhzm90
post Aug 27 2020, 11:25 PM

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Applied for hong leong asbf 50k for 3.55% rate.

Planning to terminate current cimb since current rate is higher at 4.05 after hlb approved
adamhzm90
post Aug 29 2020, 03:02 PM

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QUOTE(Joshua_0718 @ Aug 29 2020, 01:21 PM)
Deng. I just applied Maybank 3.75% yesterday. Transferred all to ASB2 and reapply for ASBF again.
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Cancel je.. Baru apply not signed yet right
adamhzm90
post Sep 13 2020, 11:45 PM

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Cukur hlbb already approved and disbursed my asbf.

Cancelled cimb asbf last thursday. We'll see how long it'll take for the process to complete
adamhzm90
post Sep 17 2020, 11:02 AM

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QUOTE(haziqnet @ Sep 17 2020, 10:29 AM)
congrats bro. what is the rate you get? 40 years too?
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35 yrs, Applied for rm55k only. Rate 3.6%
adamhzm90
post Sep 24 2020, 04:37 PM

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QUOTE(adamhzm90 @ Sep 13 2020, 11:45 PM)
Cukur hlbb already approved and disbursed my asbf.

Cancelled cimb asbf last thursday. We'll see how long it'll take for the process to complete
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Very fast.

Walk in to branch 10 sept. Got disbursement capital back at 22 Sept.
adamhzm90
post Oct 2 2020, 01:22 PM

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QUOTE(RDS88 @ Oct 2 2020, 12:16 PM)
Hi Guys. Wanna ask something in here.

Let me share. I think im in deep shit (Panic Mode).

Last November Nov 2018, I apply for 200k loan ASB-i. At that time, I have no problem to pay monthly up until last 2 months. now here come the problem. I got into some financial problem, but still manage to pay monthly BUT i will only have few hundreds left (for food, travel to work etc).

Ive heard that you can pay your monthly by dividen? try to google but got confuse. Already plan to go to Maybank next week, but no harm if i ask first here, how to do it?

I dont really know how ASB works actually. Got some money back then, and just invest. now menyesal kaw2.

If I can pay by dividen, Its a relief. if no other option, got to terminate my loan next week lah.  bye.gif
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If u never touch your dividen then surely u will some money in your asb account.

Just to to asb panel bank, ask them to check your asb balance and withdraw sum of money u needed
adamhzm90
post Oct 2 2020, 03:21 PM

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QUOTE(RDS88 @ Oct 2 2020, 01:57 PM)
If I start on November 2018, I can start the rolling method la kan by now?
Will do! Thanks! How long the process, if I may ask? But will definitely go to Maybank by next week  icon_rolleyes.gif
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Less than 20 minutes at counter..

Or u can try to call pnb now, ask them to check how much you have in your asb account available to withdrawn. Good thing you have the loan. I guess u hve around 10k now in your account provided u havent touch the dividen smile.gif
adamhzm90
post Oct 5 2020, 03:19 PM

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QUOTE(PPZ @ Oct 5 2020, 10:33 AM)
By the way, one more question, why you guys insist not to take takaful at the first place? The agent told me that if add in the takaful, the price of the installment is the same.

So what is the use of that?
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Confirm agent tipu
adamhzm90
post Oct 11 2020, 01:08 AM

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QUOTE(mytaffeta @ Oct 10 2020, 09:15 PM)
Rate is almost same for all banks.. as far as i know, HLB a bit good with the takaful, still compulsary but only for 1st 5year so amount is little.. mine HLB 3.30% IR..

yes i agree with all otais ASBF, i took my 200k when i was 24yo that time salary 3.2k.. dividends does help me a lot, married, house reno etc.. best time to start ASBF is tomorrow!
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Just signed w hlb last month.

Mana ada compulsory takaful
adamhzm90
post Mar 5 2021, 02:47 PM

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QUOTE(matyrze @ Mar 2 2021, 06:59 PM)
Just manually invest directly to EPF. Can do it in M2U website directly. But i think can't withdraw at retirement age or another round of i-sinar..
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can withdraw any amount exceeding 1 million..

https://www.kwsp.gov.my/ms/member/withdrawa...rm1mill-savings
adamhzm90
post Jul 12 2021, 05:48 PM

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moratorium approved..

basically zero cost dividend for 6 month..hehe
adamhzm90
post Jul 12 2021, 07:16 PM

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QUOTE(Xnet @ Jul 12 2021, 06:18 PM)
Which bank?
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hong leong. applied online
adamhzm90
post Jul 13 2021, 12:11 PM

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QUOTE(eastwest @ Jul 13 2021, 11:31 AM)
But for that 6 months, thr interest still accumulated right?
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ya but asb loan is not something i target to maintain till fully paid.
adamhzm90
post Jul 20 2021, 01:08 AM

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QUOTE(pfizer @ Jul 19 2021, 11:09 PM)
Bad move. You will accumulate interest.
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Nope. Everyone have their own strategy for asbf.

If housing/personal loan then yes, bad move
adamhzm90
post Dec 23 2022, 11:09 PM

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u guys maintaining your asbf or planning to cancel?

checked my interest rate its at 4.6% now luls
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