You can use any online Amortization Calculator. Just google you can find plenty.

You can use any online Amortization Calculator. Just google you can find plenty.

Use financial calculator apps. Can download through playstore or appstore. But keep in mind if ur loan is with takaful ur principal actually will be less than what state in the amortization.

Quite many. But you dun need to worry, u also will get takaful surrender value but this one only takaful know the calculation.

Hi all newbie here,

Is it still relevant on this method on 2017 - 2020?

Let say my target to have 200k in asb

2016 - loan 50k
2017 - loan 50k
2018 - loan 50k
2019 - loan 50k

Then use 1st year dividend to cover 2nd installment and so on until I max my asb account..

Please guide me sifu or is it have better choice to manipulate ROI...
Really appreciated..

Guys, one question that I need to ask.

Currently I need some emergency money that I Want to withdraw some money from my asb account. The money is my personal investment not from the loan.
Question is, will it affect much my dividend calculation at the end of the year?

Yes, you are correct. if the money is not disbursed by the new bank and ASNB deposits the money received to your ASB account by august, the minimum balance for August and September would be 0

Unfortunately yes, this be why timing and a good agent and or decent good paymaster record with a particular bank is good..Relationship is key too.. Earlier this year, took ASB2 loan and got loan approved within minutes. Before we even walked out of the banking hall cuz waiting to conduct other business.. In about a week, funds appeared in ASB2 account already.. Few days later, loan appeared in the online account with first debit beginning 1st of next month. So only lost the one month and even then not entirely, cuz since we've been using personal cash before, didn't withdraw all. Losing one month is generally normal and expected. Two months is if timing not good and can't be helped.

Not to worry, what's done is done and you are wiser for it..

Hi, ask ur banker the date of disbursement. They can check for u. I as  a cimb banker can check my customer disbursement date. If the loan disbursed BEFORE 1st September, then u are eligible for the September's dividend even though u start paying on Oct. If the loan disbursed any date on September then you will not getting dividend for that month

 
Not necessarily. Please check your ASNB account statements (it may not be updated yet) as to the date your units were bought by the bank on your behalf.