hi fren...
can u suggest me the best homeloan package in town now..
i m planning to buy a subsale house
so looking for a homeloan for about RM 170,000

my criteria is:

- lowest interest (off course lah kan.. hehe)
- preferably fixed interest (i know that the best maybe AIA and ING.. is it?)
- daily interest
- flexi homeloan (when pay more each month will deduct the principal of the loan so shorter the tenure period)
- can make payment more than once in a month
- can give higher MOF (maybe 90% or more...)

please fren,
share and suggest with me...

tq..

This post has been edited by tictactoe: Jun 11 2008, 06:27 PM

i suggest to go for fixed loan from AIA or ING , should be 5.80% zero entry.

i suggest u to take flexiloan from uob or allianz bank.. blr-2.0 loan up to 90%
blr-2.2 loan up to 85%.

This post has been edited by asern: Jun 11 2008, 06:38 PM

for 170K i dont think he can get the best rate. the best rate is always for loan above 300K.

yewkhuay,
what i mean is.. the best rate and package that i can get for RM 170,000 loan..

tq..

---

Added on June 11, 2008, 7:01 pmi think it is AIA..
but AIA only can give me 80% loan from market value...

---

Added on June 11, 2008, 7:01 pmtq very much...
gonna check it!

This post has been edited by tictactoe: Jun 11 2008, 07:01 PM

if 170K, UOB can give u BLR-1.7% (practically), agent will always propose BLR-2 or so for u but u will not get tht rate. n tht is non-zero entry.

tht's the last i check when i wanted to refinance my property for 170K.

Want to take loan, homework also lazy to do.

What's the use of internet?

Not to do research but to ask for help/spoon feeding?

Hi guys..

For loan amount 170k,he can get BLR-2.20% for the 1st 2 years and thereafter BLR-2%.If you are looking at fixed rates then alliance can provide 1-2 years 3.70% fixed, year 3-5 BLR-1.50 and thereafter BLR-1.8%.This is the best rates from alliance now BLR-2.20%.

For any further details please do not hesitate to drop me a msg at veen_0809@yahoo.com.

parven
mortgage sales executive

fren... this is the package that i get from cimb...
what do u comment?
tq..


3 year Fixed Rate
(Loan up to RM300k)

Without Free Moving Cost
1st - 3rd year : 4.70% p.a.
4th year onwards: BLR - 1.80% p.a.


With Free Moving Cost
1st - 3rd year : 5.00% p.a.
4th year onwards: BLR - 1.55% p.a.

This post has been edited by tictactoe: Jun 12 2008, 01:56 PM

If you can pay off fast then get CIMB lor Else, I suggest AIA.

If this guy can manage to get you mentioned rate for loan amount 170k, go for it. Alliance bank is flexi, daily rest, can make more payment per month, MOF 90% and for 170k BLR-2.0% is the lowest I've seen for that amount. It's very rare to get such rate for that amount.

As for CIMB, that rate is just right for 170k loan and the rest of the banks are offering similar rate. AIA zero moving cost is 200K loan and above at 5.70%. 5.80%? I've not heard of it. Maybe their mortgage manager forgot to inform me but hmm...

what about HLB mortgage plus? i heard it from my friend, the loan acc link to saving/current acc.

the interest is calculated base on your loan balance minus the money in your saving/current acc on daily basis.. but i dunno the interest rate..

Similar to HSBC HomeSmart I believe. But the rate is not that nice when I asked. Only pro is IF you have a lot of money sitting idle in the savings account.

hai parven..
i try to look the said package here, (click at alliance bank berhad link) but couldnt find. which package do u mean?

i wanna make some calculation...

tq.

wow ... that is the rate alliance can give for RM170k loan?

-2.2%?
Thereafter -2% ...

other banks really can close shop...

al-rajhi home financing-i

as low as 5.05% or BFR-1.70% throughout all repayment years.

explain details please..
or u have link to refer to?

tq...

no problem.. i try to explain as brief as possible..


1. the property must be completed.
2. can do financing up to 90% of the financing price
3. tenure is up to 35years
4. borrower's age must be from 21 to 65 years old
3. financing amount is from rm25,000 to rm2,000,000
4. the rate is BFR-1.7% for Non-Free Moving Cost or BFR-1.5% for Free Moving Cost. applicable for any amount of financing. (current BFR is 6.75%, Free Moving Cost is all the legal, lawyer, etc costs)
5. rebate for early settlement
6. no late payment charges
7. no processing fees


sample of repayment
rm100,000 ---> rm588(25years) / rm540(30years) / rm508(35years)
rm200,000 ---> rm1,175(25years) / rm1,080(30years) / rm1,016(35years)
rm300,000 ---> rm1,763(25years) / rm1,620(30years) / rm1,524(35years)

This post has been edited by atih007: Jun 17 2008, 07:36 PM

Hi tictactoe,

The website given is not updated.Rates tht i meantioned to you loan amount 100k-300k 1st-2nd year BLR-2.2% and thereafter BLR-2% is the latest revised rates by alliance bank.

Please drop me a mail at veen_0809@yahoo.com for further clarifications.

parven
mortgage sales executive

atih007,
meaning that it's no fixed rate, is it? (coz got BFR there)
what u mean by 5.05% in your earlier post?
did u refer to fixed rate?

tq.

6.75%(current BFR) - 1.7% = 5.05%

it's not fixed rate. im sorry for the confusion. thx for asking

i know BLR is Base Lending Rate

erm ... BFR ?

BFR is Base Financing Rate.

it serves the same purpose like BLR but using different approach, Islamic way. afterall the figure will be the same as BLR.

if you are planning to dispose the house within 5 years...

AIA can offer you 5.4% for first 5 years

http://forum.lowyat.net/index.php?showtopic=713770&hl=

PM me your details

tictactoe,
do research lar...
if parven offer is 1,2yr -2.2 thereafter -2.0 then u may can go 4 it.. coz it's damn cheap.. but read the t n c 1st!! some bank not allow u 2 pay more in the 1st 5 yrs.....
wat i know the cheapest 1 is eon o stand chart. they offer zero entry cost wif 1st 5 yrs -1.6 thereafter -2.2..
with 170k, 30yrs u may need 2 pay rm929 for 5 yrs n rm874 thereafter..
in my opinion, find the cheapest term loan interest then u can save more d...

This post has been edited by smcg: Jun 20 2008, 12:57 AM

http://money3.com.my/MalaysiaFinancialTool...e&Islamic=False

30 year loan
789.77 p.m
year 1- 2 = BLR -2.30
rest = BLR -2.05
average int rate at blr = 6.75, 4.68 % (over 30 year)

this money3 site is great.
lets me view all my options.

zero entry?

Maybe this will help:
http://www.money3.com.my/MalaysiaFinancial...der.aspx?SMId=1

1) BTW, may I ask what is zero moving cost?

2) I know some bank will charge 3 - 5% if you refinance your loan with other bank within 3 - 5 years, zero moving cost means we do not need to pay these extra charges?

1. ZMC/FMC/ZEC, no need to pay laywer for loan agreement
2. you still have to pay

I'm taking Maybank MaxiHome Loan
Non ZEC
BLR-2.30 (Tenure 20 years)
Can put in extra money
Can settle the total amount after 4 years

muscaa, whats the amount of borrowing?

yah i'm quite curious to find out that myself ...

taking 220k
waiting for the offer letter
dont know it's a good deal or not

Too good, I think. My branch can only offer BLR-1.65 max

You're not scared with the impending doom? That the BLR may increase?

Dear all,

Here's the last chance for those whom are interest to lock in at the special promotional lowest Fixed Rate.

Click below for more details

Link to AIA Home Loan Rates Revision 14th July 2008

Thanks. Best Regards.

This post has been edited by Zarth: Jun 27 2008, 11:08 PM

Scared lah, but dont care already as i badly need a house
Govt loan is the best lah, interest 4% only (I'm a Govt servant) but the developer gave me 2 months grace period only

muscaa seems to get a pretty good deal for a 220k loan ....
-2.3%

Is that words from the bankers mouth? Or the loan has been approved by their authority?

Anyone do the survey for alliance bank?
BLR-2.2% for 1st 2 year...BLR-2.0% for next....
Very flexible....

Awaiting for their offer letter.. Hope really can get the rate lah

i got public bank , 1st yr-0% and BLR-1.9% after that for whole tenure

i think u means...
Year 1-2 (BLR-2.2%), Year 3-5 (BLR-1.8%), Thereafter (BLR-2%)

is flexible for us, but also flexible for bank too...
u can try to read bank loan agreement, bank have the right to vary the house price (based on interest)...
even the BLR drop till 4%, bank have right to readvise ur loan as BLR -0% even u agreed for BLR-2% earlier...

pls PM me the mortgage officer contact. tq