Jun 26 2017, 09:42 PM
QUOTE(haziqnet @ Jun 26 2017, 03:41 PM)
Nope...i already discuss about hybrid many times...but i will share here again...
Basically hybrid use the rolling dividend method but rather than use the dividend to pay for the installment we use the dividend to pay for the new loan
For example :
1st 50k loan use the dividend to cover for 2nd 50k loan. The 2nd 50k loan use the dividend to cover for 3rd loan 50k. The 3rd 50k loan use the dividend to cover for the 4th loan 50k. Now u already have a total of 200k loan.
But you only need to maintain to pay for the 1st 50k loan...the rest 50k loan will use the previous loan dividend to cover for their installment. The 4th 50k loan dividend will be compounding as usual.
If u want to know more about this technique i will teach u after u apply asb loan with me...but the basic as above...
what the different btw the above method (increase 50k annually until reach 200k loan) and take 200k loan on the first year?Basically hybrid use the rolling dividend method but rather than use the dividend to pay for the installment we use the dividend to pay for the new loan
For example :
1st 50k loan use the dividend to cover for 2nd 50k loan. The 2nd 50k loan use the dividend to cover for 3rd loan 50k. The 3rd 50k loan use the dividend to cover for the 4th loan 50k. Now u already have a total of 200k loan.
But you only need to maintain to pay for the 1st 50k loan...the rest 50k loan will use the previous loan dividend to cover for their installment. The 4th 50k loan dividend will be compounding as usual.
If u want to know more about this technique i will teach u after u apply asb loan with me...but the basic as above...
i think by taking 200k loan it will be more worth but need big cash around rm1k++ for the 1st year payment.
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