Will it be this same case if the new loan do not get through the same month? I imagine the limit shrinks back to 200k after a new month..

Finance noob here.

My asbf already 3 years (finally finished the fukken lock-in), I can do the terminate-reapply method talked about here. Now 100k only. I think I can go 200.

Pros: That can give me my amort value + return for insurance. I think.
Cons: "Extend" my loan tenure.

Also, my rate now is 5.1%. You guys mentioned 4.8% here, I'm interested.

Hmmm.. to use this RM 1 billion cash of mine for an investment, or borrow RM 1 billion from banks paying them interest.. hmmm.. which one more profitable ah.. oh so hard to think oh my gosh.. hmmm..

Really guys??

Is this ASB Loan thread, or Cash-Rich People thread?

4.8% is nice rate.. Only for asb2? No asb1?

Can you get 30 years loan? What's your age?

Many banks consider ASB as income instead of typical loan debt, so they're not very strict on CSR with ASBf. So, I think you can take 100k, but are you sure you can afford it? It will take more than 1/3 of your salary.

Also, you're 30, you can still take 30 years. Because up to 65 years old retirement.

Ohh, I see, so you have other income. Then you shouldn't say your salary is only 1.5k, because the lower the harder for bank to give..

Last year I think was around 6k~7k only for 100k.

Then by all means, you can go ahead apply for 100k. But you should apply for 30 years, not 25. Maybank give you what rate? Lowest?

I know biru & merah consider 65y.o. .. yellow, others idk

2016 = 6.75 only.. interest rate now 5+ .. we are getting about 1% only from all this.. this year will be lesser..

Yes, please. This is the best rate. Any condition, term, whatever syarat, she told you?

I'm trying to find more info on Affin Bank's 4.8%

ASB2 announced 6.5% dividend for 2017.

Historically, ASB2 always been higher than ASB, although ASB2 dont give bonus. But that's Bonus, not dividend. Dividend is the main profit here.

So, expect lower than 6.5% for ASB 2017, based on history.

If your loan was 5.2%, prepare to get lower than 1% profit.
If 4.8 - 5.0%, around 1% lor..


Hopefully, what I'm saying is not true, and dividend will be higher, back to 7%.

I think the over-200k limit is courtesy of PNB. Because black and white say 200k limit. So, if we withdraw/sell, then suddenly PNB decide to lower it to closest to 200k (for whatever reason), its possible, they can do that.

Max loan 200k is for 1 bank only, right? If say, Bank A maxed 200k, he can still take 40k from Bank B. Am I right?

I see. Those old timers with 400k easily fill up ASB1 & ASB2.

This is what I am not sure. NEVER? I think PNB can bring it down if they wish so, no?

Chill, no need to be so emotional. You are right. I am just asking question.

Early stage of loan = Pay high interest, low principal.
Middle stage = Balance interest & principal.
Late stage = Pay low at interest, high at principal.

If you keep resetting the loan, means you keep giving money to bank (interest) instead of paying what you owe.

How old is old (to stop)? May I know what age did you start this amort strategy?

Very difficult to reapply (and disburse) in the same month. Most people will lose a month. I see its inevitable.

What are these?

So you are saying keeping will get higher than amort. Contrary to what buggie said. Hmm.. I don't know..

Amort amount is vague to me. Hows the calculation, whats the rate/formula.. seems like only banks know, which makes it hard to calculate on my own.

I would like to know the actual calculation. And I'm not sure banks follow what calculation.


Wow, that is huge difference. But then again 30 years..


What do you mean by this?


Short term gain and long term gain is also significant economic values lah.. haha.. I also share the opinion.

We get money to spend it. What's extra 110k when its 30 years away, cannot be spent now. My thinking is to balance both. I don't want to put all into future gain, because I get money to spend it, thus, I want present gain as well. We should prepare the future, but also enjoy life presently. That's my thinking. Psycho jugak ni.. hahaha