1) 3-4 years is optimum to me. Leave it too long and you cannot use the ammortization you get back to earn you interest elsewhere. It would just be sitting there at the bank earning them the money! Also, this is to ensure that you are always getting the best and most competitive rates.

2) Bro, if you do it for 30 years, at humble 6.75% and if you don't touch the dividend and let it compound as I suggest, you are looking at just over 1.4M dude! not 450k, And, you have paid only 360k (1k x 12 x 30). That's a nett gain of 1.1M! And that's not even counting ammortized values. Somebody correct me if I'm wrong.

3) now Banks are offering 4.9% to 5.2%. The lower the better. You gotta negotiate and talk to them to get the best rate. They would look at all factors to see if you qualify for their best rates. If it ever gets higher than ASB dividend then just backout.

I got that rate from Affin for my ASB2 loan. Maybank offered me that as well. I assume they would offer for ASB too. I might be wrong though.

I know CIMB can get 5 for sure.

Is it mandatory to take insurance when you apply for 200k loan? The last loan I applied for asb, I was charged about 8k for insurance cost.

So what you are saying is if I had 245k cash in ASB, no loan (for simplicity sake). If I wanted to take a 200k loan I need to take out the full 245k and put elsewhere? Then my ASB will be left with only 200k? If that's the case, everytime I terminate and reapply, I will be back at square one with only 200k and compounding interest is non-existent.

With due respect Bro haziq, I believe can just take out 200k and leave 45k inside. So when the bank approve my loan, and put back 200k sijil I will have back 245k...(200k sijil + 45k cash).

The dividend commence at the date of your asb disbursement...thats why asb flipper every year they will apply new asb loan at early month of november and terminate it at december...continue the step every year and getting cash in hand...

If ur loan approve and disbursed in november u will get free dividend at december even u only start payment at january the next year...

you mean if u already have fund in your ASB account?

i just want to explain your question either the dividend will be calculate on the date of disbursement or installment date...

so the answer is on the date of disbursement
about ASB flipper every year, if u dun have any asb account yet and your goal to get cash in hand every year than the technique is like i mention on my previous post.
why u apply at november previous year and end at december current year ? the answer is because u want to get the 12 month dividend.
If u already have fund in you ASB1, you take it out temporarily (park in ASB2 or TH), apply for 200k ASB loan after disbursed put it back. Than at December apply for termination and u will earn more dividend (compounding) as u have loan and your own fund.

but if your fund in ASB for example 50k and u only want to apply another 150k by using loan, then u dun need to take out the fund as u still not reach the max 200k yet.

Bro, dividend is given by PNB and nothing to do with the bank installment. All PNB cares when they calculate the dividend is whether the money is in at that point in time. So it is at the point of disbursement.

So having said that, you can push the bank to disburse within the same month. Usually you apply first, then the bank will tell you that they are ready to disburse and request you to empty the account. So it lessens the risk. Just make sure all done by month end cause that's when they calculate.

yes correct...thats why im telling u to put the fund into ASB2 or TH ...so the dividend still be calculate until your loan disbursed at ASB1 (if u put for 2 month for example, the dividend will be calculate for 2 month at your ASB2 - will be paid at April) but if u take out the fund and put it into your saving account than u wont get any dividend from it.