I need to know your exact age but it's around 4-5k.

Not sure on whether insurance is optional, but if I'm not wrong Maybank's ASB loan has lock-in period with a max tenure of only 25 years?

Insurance premium at that time may differ from the premium today. It would be around 4.2k today.

Lock-in period is 2 years if I'm not mistaken. What's the rate offered at that time? Above 5? 

Well, you can definitely profit more with lower rate and longer tenure (30 years). How much are you currently paying monthly?

Just wondering. Why do u suddenly want to terminate, again?

This is why one should always read the fine print and know exactly what you are getting into before signing. A consultant may not fully explain things, that's where black and white shine.

I'm not sure about Maybank, but for CIMB, after the financing is approved, the consultant has to revert back to the bank on the behalf on client either the client agreed to proceed or not after the client receive and read the Offer Letter.

You may try talk to the bank and state that the consultant never mention about the takaful things but technically you already agreed to it since you have singed the documents.

An experienced consultant should be able to estimate more or less the amount of takaful charges depending your tenure. Assuming your financing tenure is 30 years, total of RM 8.6K should be around 8600 / 30 / 12 = RM 23.89 monthly.

The takaful increase is because of your age. The higher your age the expensive the takaful value

No.1, maximize the loan tenure so u will pay less and also get more ROI. Let say u apply 200k asb only for 20 years u need to pay 1298/month and for 30 years only 1050/month. Also if u have more money u can max opm more than 200k. When u max out the OPM your return will be greater.

I am NOT from maybank, but I am a broker for mortgage and ASB and can probably help you with your questions

For new application? 4.50% for up to 35 and 40 years tenure