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 ASB loan, worth to get it???

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alifhezrey93
post Nov 1 2016, 04:30 PM

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Junior Member
347 posts

Joined: Dec 2008
QUOTE(haziqnet @ Oct 25 2016, 10:44 AM)
Just want to share the difference between ASB saving and ASB financing for those who still dont know.

ASB financing VS ASB saving
===================

RM1100/month
Dividend rate 7.3%
Period : 5 years
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ASB financing method

After 60 month / 5 years
Financing balance = RM184,147.00
Cash = RM15,583

Interest compounding = RM84,464.00

Total cash in ASB account
RM15,583 + RM84,464.00 = RM100,047.00

ASB saving method

After 60 month / 5 years

Cash in ASB account = RM79,352.00
Difference RM100,047.00 - RM79,352.00 = RM20,695.00

With the same amount of commitment you will earn more with ASB financing.

'BE SMART INVESTOR'

For more info please call/whatsapp me at this no. 011-10785052
*
From where the cash money come from? bank pay RM15,583 after cancel the ASB loan?

This post has been edited by alifhezrey93: Nov 1 2016, 04:30 PM

 

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