can ask from banks themselves.. however, all banks have no quota for ASB2 at the moment 

not sure about that, i asked a few bank officers but they always said PNB wont open the quota again for ASB2 even if someone terminated their loan..

even i requested to terminate my old ASB2 loan and applying for a new one but was unable to proceed because PNB does not allow it at the moment

the only way you can invest to ASB2 is through myasnb, depositing your own money, that is if you are lucky enough to get the units..

1. put it this way, the maximum tenure is 40 years until the age of 65.

That means

a. if you are between 18 to 25 years old, you are eligible for the 40-year tenure financing
b. As you reach 26, your maximum tenure would be reduced by one year from 40-years, continuously for each year you are older.

2. The purpose is to reduce the payable interests. Your payable interests is calculated based on a daily rest, based on the 4.75% p.a. on the outstanding loan

When the interest is calculated based on 4.75% instead of 5.00%, but the installment remains the same, more portion of the installment goes into paying the loan outstanding, thus accelerating your repayment - shortening your actual tenure

i.e
10k loan is just ~RM50 a month installment. Is it worth it? Sure, as long as there is a margin between the loan financing rate and the distribution rate

However, surely you can do better than RM50 a month? Consider this as part of your savings.

Which bank is this?

There are 2 methods where the bank will calculate this, when using the extra payment (installment remain the same, but interest is reduced due to reduction of interest rate, so there is an extra payment):

1. they will pay into the loan balance, thus accelerating the reduction compared to schedule. You can compare this if you run a test - just get a loan calculator, plug in the original figures (interest rate, loan amount, tenure), and look at the amortization table to see if the current loan balance is the same as what you see in your loan account statement.

If your loan account statement shows lower balance than the "original calculation", congratulations

2. they will keep the money aside, in a "suspense account". This will accumulate all the way towards the end of the tenure, and when the suspense account is higher that the loan outstanding, the  loan account will automatically close. This is inefficient, but you can't choose the calculation method for these "extra payments"

You are welcome.

AmBank huh. 30 year tenure and somewhat high interest rates. Cool nonetheless
I am subverting my expectations and pegging it at 6%. If higher, good.

You are welcome!
4.75% is acceptable, the lowest I have seen is 4.60%, due to the lowered BR by some banks a few months ago. They entered at 4.85% and now are at 4.6%

1. RHB is offering 40 years tenure, till age of 65, current offer is at 4.85%

2. CIMB and HLBB are offering 35 years tenure, till age of 65

3. All the other banks are offering 30 years tenure, till age of 65

I am being open about these banks since there is no point to be secretive in these internet age, at the same time, I am sure people enjoy dealing with brokers that are transparent about the products in the market. 
That is correct, but you can still apply for the financing and the disbursement will happen in January

Let your friends know~ especially the ones that are trying ot chase the longest tenure available to them - which matters as they get old, the tenure is cut shorter

6.25 total or before bonus?

Seriously lah..

Wait I just realized that was not twitter. What is that? Facebook? Im really behind on my Social Media game

I just want to say this "Where in the ASB prospectus does it say the ASB units are capital guaranteed? And who is guaranteeing the units? ASNB? PNB? Is there a limit to the guarantee? As it is, we do not know ASB's NAV/unit because we do not know the number of outstanding units. In ASB's Annual Report for 2018 it says that the fund has an NAV of RM170B. But since we do not know the number of outstanding units, could the NAV/unit be more OR less than RM1/unit?"

ASB2 financial year ends on March 31st, that is about 3 months away.

The 6 sen return is for 2019 distribution paid on 1st April 2019.

For now, we do not know what the ASB2 return is going to be for the investments made from April 2019  to March 2020, that will be announced in the last weeks of March 2020 I reckon

can you explain how is it not fully? When did you take the ASBF or deposited your investments? The dates matter as the distributions are calculated based on the average monthly-minimum-balance throughout year 2019