Can u share your detail calculation for the above? If its beneficial to the loan takers, it will great.

This post has been edited by potenza10: Nov 14 2011, 12:08 AM

No need economy guru..just simple calculation only..btw, i leave it to those who are 'smart' to do the calculation...no offenses!

Got statement? Dont think so.maybe, yearly statement yes! If u pay car loan, personal loan etc got monthly statement or not?

Please do your math..interest per annum vs asb dividend

have u taken any asb loan?

because why? Because it is fruitful to them la bro...aiyooooo.the loan takers are still blind.they suck your dividend every year to enable them make more money EVERY year..i mean EVERY year.It is different between enjoy dividend per year vs hoping duit pokok at end of loan tenure.

Let me put like this. U buy a house secara hutang and give the pemiutang a right to collect the rent for let say 30yrs during loan tenure.when finish 30yrs, the housr is yours.at least the house price will appreciated according to 30yrs time frame.AT LEAST.

But it doesnt work with your asb loan...come on laaaa...100k is still 100k in 30yrs future.

This post has been edited by potenza10: Dec 22 2011, 12:54 PM

Big salary u got there to pay asb loan more than 1k/month...plus housing loan and car loan how much will cost u? Exceed 3k ady?

Why dont u go to maybank?

I believe it just take less than half an hour to apply.

I think max lock in for ASB loan just 3 years

Btw, cant use the dividend to roll money for monthly installment like many ASB loan guru's here?

This post has been edited by potenza10: Feb 13 2012, 11:43 AM

Key point here is 'self discipline'..how many of u can tahan nafsu when get your dividend in 5figure? Hehehehehe...

Loan ASB is better than own saving. Fullstop.

What do u mean? U mixed up your question.

Yes..before this I didn't see in big picture. Aftet I get it, it's better with asb loan. More ROI

STRATEGI PELABURAN ASB: SIMPAN SENDIRI vs 'LOAN' ASB case study: simpan bulan2 RM1200 vs LASB 200k, dgn div ASB 7.5% pa.
Kedudukan kewangan selepas...
TAHUN.....simpanan.......LASB.......LOAN BALANCE.....NET
5...............81K..............287K...........178K................109K
10...........197K..............412K............149K...............263K
15 ..........303K..............592K........... 112K...............480K
20...........601K..............850K..............63K...............787K
25...........942K............1220K..............0.................1220K

NOTA: 1.Loan balance diperolehi dari loan amortization schedule 2. Total investment (money out of our pocket) for both cases is RM1200x12x25= RM360k


As you can see above, ROI using ASB loan is more compare saving using your own money.

Bfr is still same...6.6%...

Boss Nidz, i apply asb loan after bought my 1st house....and some says if you have asb loan with let say maybank, they will offset the installment and take it as an income when you apply other loan...but of course after few years servicing your asb loan without any bad record.

and i double check with my rhb friends and yes, they will consider as an income.

This post has been edited by potenza10: Feb 4 2014, 12:42 PM

I took 200k loan for 20yrs with maybank and stop after servicing 2 years. Total refund i get including insurance termination is about 5.8k...

yeah...i just terminate my loan on last june and the refund i get is from principle i paid + insurance termination..and by end of this year shall get dividend for jan-may.

i apply home loan and to increase my chance to secure the loan...only rhb, cimb, maybank and ambank are considering dividend from asb loan as an income to offset monthly payment. others bank are not.