For MBB's 4.9% rate,

Minimum RM50k, no lock-in
Insurance minimum 5 years tenure, full amount (tally with the loan amount)

5 years, as I am told

Yes it is. at 4.9%, you are saving .35% worth of interest each year.

Every 0.1% p.a. for every RM100k, you are saving RM100/y on interest. So at .35%, you would be saving RM350 a year. this amount gets reduced as you pay your capital (as the interests are charged on the capital outstanding), but you get the idea.

the rates are being quoted in the form of BR/BLR +/- spread. While the spread is fixed for any given loan, the BR/BLR float according to the economy.

Historically, the BLR has never been higher than the ASB dividends. So if your loan is based on BLR, and the spread is negative (as it should be otherwise you are paying too much), there would almost always be some form of positive net returns.

The same can be applied to BR + spread, since the interest movement quantum are the SAME for both BLR/BR for any given banks in Malaysia, that I know of

MBB rate is now 5.0% for RM100k and above. 5.05 for 50k and above.

The previous promotion has expired without an further extention

Nope, you will still get your Jan-July dividend. You might miss on your August dividend though

I am offering

RM50k and above

1. 4.80% p.a with insurance/takaful (5 years tenure)
2. 4.85% p.a without insurance/takaful

Below RM50k

1. 4.90% p.a with insurance/takaful (5 years tenure)
2. 4.99% p.a without insurance/takaful

Let me know if any of you guys are interested.

No it is not. I will reveal only to prospective applicants, upon application only

For every 0.1% p.a rate difference @RM100k you are losing RM100 per year to the bank.

So if you have ASB loan of RM200,000, and is getting 5.15% p.a, and there is another bank that is offering 4.85%, you are essentially losing RM600 a year

Rate plays a huge role especially for a collatoral loan with a fixed type of asset (as opposed to mortgages)

Sorry, I can only reveal upon application. Once docs received and ready to submit I'll inform the prospects which bank it was

U can still apply with me, put a stop work order on the current application

Morning!

Yes, I would PM but I would share it here as well.

Rate for 200k for 30 years with takaful is: 4.8% p.a.

The name of the bank will be revealed only upon applicaiton

For some banks we only need 1 months payslip. Latest documents too.

They do. I do mortgages and would regularly use the dividend as income.

Sorry, I only do ASB loan and mortgages; not sure how it is with hire purchase when it comes to recognition of irregular income like rental and asb dividends.

Not sure about Affin, but the rest is true

I am offering

RM50k and above

1. 4.80% p.a with insurance/takaful (5 years tenure)
2. 4.85% p.a without insurance/takaful

Below RM50k

1. 4.90% p.a with insurance/takaful (5 years tenure)
2. 4.99% p.a without insurance/takaful

Let me know if any of you guys are interested.

This one is for HLBB

As a broker i can do ASB loan for any banks, but usually I will promote only the ones with the best rate currently

Good evening,

Yes, it is still available for Islamic financing. N

o fees that I know of other than:

1. RM10 stamp duty
2. RM50 endorsement (payable to ASNB)

I will contact you, for the others, you are welcome to engage my services as well. My contact is in my signature, or you can PM me as well. Thank you

During application they will want to see your ASB income statement - either downloaded or shown in the book.

Divide that dividend by 12 months, and apply 80% to get this recognized as part of your gross income.

No. To show the dividend earned. This is why if you get our ASB loan in mid year, your HL application will be affected. Because the monthly commitments for the ASB loan is calculated in full but the dividends earned are partial

Yeah they don't care if you did. They want to see earning, not asset.

For variable income like dividends, rental, OT, commissions, etc, almost all the banks will not recognize 100% of the income (averaged monthly, for 6 months period) due to its nature of well, being variable.

As such, when calculating your gross income, these variable income is only recognized 80% of its value. 1 big bank in Malaysia in fact only recognize 50% of variable income