Welcome to Malaysia Watch Forum, a place on the web for Malaysian Watch lovers to share their common interests. All are welcome to sign up. Registration is free.
Quote from: dpkong on January 12, 2012, 05:21:46 PMmy opinion on any home loan package is to fire up the spreadsheet and run the calculations with the rates provided. remember that any rates pegged against BLR is still volatile. unless BLR is low (which is is not now), always try to nego a fixed rate and not let the interest go past 70% of the loan amount. i think anything over 18 years means you're paying for TWO houses.the loans nowadays are designed to keep fixed, middle-income individuals forever in debt.Just enrolled til 65. I might die first.
my opinion on any home loan package is to fire up the spreadsheet and run the calculations with the rates provided. remember that any rates pegged against BLR is still volatile. unless BLR is low (which is is not now), always try to nego a fixed rate and not let the interest go past 70% of the loan amount. i think anything over 18 years means you're paying for TWO houses.the loans nowadays are designed to keep fixed, middle-income individuals forever in debt.
