I manage to get mbb 4.9% without takaful 200k. It comes out to about 1061 per month. Initially they said compulsory but i said if not ill. Just take from other bank and they allow.

If i have full 200k financing with mbb last june. Can i apply for asb2 200k financing now at other banks? Which banks offer tbis?

Take 200k loan. Set aside 14k for this yr. Then use the dividend to pay for the loan. The 60k and monthly income put inside fd or tabung haji. Use extra money from the dividend to do what you need next yr.

Lets say i have been paying asb loan for 3 years. And decided to pay lumpsum 50k into the loan. Is it possible to pay it into the principal amount reducing the total loan tenure. Its just that i dont want to terminate and reapply etc.

Just went into maybank branch in melaka and there is asb2 financing available. Rate is 4.9pa

They do.

They wouldn't be able to disburse if no quota which means your loan wont start until its disbursed. If I'm not mistaken.

Is that with takaful or not?

you can claim tax credit for zakat. so much more worth it in terms of money if you are good with simple accounting. for simple no hassle, you can just go for tabung haji of course.

You can claim tax credit if you pay zakat on your own. And its more spiritually beneficial and you have volunteer to sacrifice your money on your own to pay. Let's say you have 400k savings including dividend. Have you ever tried sedekah or do charity for 10k in one go? I'm sure not everyone is willing to do so.

Unless you have 10k disposable income and don't need a house worth 2 million.

Yay. Awesome. Alhamdulillah. Good return this year. Hopefully theyll open asb2 early jan when people are taking out money for Chinese new year and school openings.

Why having loss? Pls explain

My MBB asb loan now shows rate of 4.6% but installment amount last month was the same. Will see next month's.

So in terms of using leverage as maximum as possible. What's the most profitable way to buy and sell the loan again and again? Assuming all other interest rates remain the same? And assume we don't have have any other urgencies to use the money?