HOUSE/PROPERTY REFINANCING SCENARIO
Old Loan New Loan
Amount Borrowed RM 500,000.00 Amount Borrowed RM 500,000.00
Tenure 30 years Tenure 17 years
Interest Rate 7.75 % Interest Rate 4.75 %
Repayment RM 3,582.00 Repayment RM 3,578.00
Total Interest RM 789,542.00 Total Interest RM 229,690.00
Total Amount RM 1,289,542.00 Total Amount RM 729,690.00
Amount Borrowed RM 500,000.00 Amount Borrowed RM 500,000.00
Tenure 30 years Tenure 17 years
Interest Rate 7.75 % Interest Rate 4.75 %
Repayment RM 3,582.00 Repayment RM 3,578.00
Total Interest RM 789,542.00 Total Interest RM 229,690.00
Total Amount RM 1,289,542.00 Total Amount RM 729,690.00
Tenure Save = 13 years ; Total Amount Save = RM 559,852!!!
CLIENTS BENEFITS
1. Save up to 90% Interest.
2. Reduce Monthly Payment.
3. Extra Cash gain from Capital Appreciation.
4. Refinancing at LOW interest rate.
2. Reduce Monthly Payment.
3. Extra Cash gain from Capital Appreciation.
4. Refinancing at LOW interest rate.
(BLR – [1.5 - 2 % or more) ( Current BLR 6.30 %)
5. Shorten Tenure to ½ , pay the same amount
of installment.
of installment.
6. Various and Flexibility Option.
7. Convenience and Time Saving.
8. Substantial Savings.
9. Independent Advisory.
7. Convenience and Time Saving.
8. Substantial Savings.
9. Independent Advisory.
10. One Stop Center.
Emm... interesting... but BLR tu based on 17 years just for the first few years. Plus bank apa pun ni. Takpelah kena study dulu other option. But keep your idea in mind.
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