i had this asb loan for about 4 years already and in my calculation i already have a good outcome from this.

in 2009 I started an ASB loan for RM 200, 000 with installment of RM 1053 monthly.. i'm paying them monthly without miss by using my own money and keep the dividen in the account for emergency cases( luckily this event yet to happen).

to keep it simple we do yearly calculation:

i paid RM 1153 x 12 = RM 13836
so suppose to in 4 years i should be paying RM 13836 = RM 55344 till the end of this year

i don't really pay much attention in my yearly dividen amount but in right now i got almost RM 50K in my account with only 3 years of dividen money.

dividen amount:

1st year : 15 K ++
2nd year : almost 16K
3rd year : 17K +
4th year : should be increasing.. no idea how much.. might be around 18K..

so, if you add up you will get total of RM 66000.. you only pay 55K for those years.. if you do it right, you will get the benefits..

1) yes, i made the longest possible term to reduce the installment since i was a student that time..

2) i think so, but IMO, it will be better if you keep in paying and watch your money grow since there is a limit on how much you can keep in ASB.. it will be better to max it out..