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-   -   Property Mortgage Loan (http://forum.ipoh.com.my/showthread.php?t=25878)

alorvera77 04-02-2015 08:37 AM

Property Mortgage Loan
 
Just got my bonus for chinese new year last week, was so scare that the bonus's gonna be very lil cos i heard everyone talking bout the bad economy this year. Surprising i got pretty good amount of bonus from my company! :V: I was thinking of using my bonus to pay as deposit to buy house. Anyone have much understanding or aware of the current interest rate? Whats the latest rate of BLR btw? hahaha sorry i dont really catch up with latest news....

assamlaksa 04-02-2015 10:51 AM

wah... so lucky meh u... got bonus.. im so jelaous.. cause im not manage to get bonus for this new year.. my company are not well.. not perform much.. :(
what u want to buy with ur bonus? house? car?:toofunny:

alorvera77 04-02-2015 01:19 PM

I was thinking to buy an apartment in Kampar which is around 250k to 300k?? Anyone have more information on the latest BLR and which bank should i go for. I want best rate hahaha

leesummer 05-02-2015 08:58 AM

i dont think nowadays is the right time to buy properties.. our economy so bad now.. let's think what will happen if u got 30 years installment commitment? do u suffer? the government also had annouce since 2015, BLR will replace the BR.. with BR, the interest rate will fluctuate every 3 months.. so u will need to pay more in the future.. unlucky u will end up by auctioned.. :eek:

darkfoot 05-02-2015 09:23 AM

BR and BLR rate is similar actually.. U hardly can see any diff cos the economy changes as it fluctuates... Here are some useful tips for u maybe that explains everything about the rate : https://www.hlb.com.my/main/info-cen...rate-base-rate
Trust me, the property price is hiking.. if u don buy now u might not able to buy in the future...

alorvera77 05-02-2015 10:11 AM

Thanks for sharing the link wehh! It really explained very well. What is the latest interest rate now? Any good bank to refer for best rates?

montyashley 06-02-2015 08:18 AM

This sharing is useful so that ppl tend to knw more about the current rate.. Hmm.. manage to meet up with my fren last few days and he told me that he get BR +1.0 for property loan around RM300K fr HLB... I guess its my turn to do more research on BR too so that it helps me decide when I gonna purchase property..

kenwind77 06-02-2015 09:07 AM

just try not to worry about BLR or BR rate.. i think the Base Rate is a rate that will be determine by each of the bank themselves by taking average value.. eventhough the Base Rate will be renew every 3 months, im always try to find out the past history BR rate will not make much different with BLR rate one.. so, just plan the finance nicely.. maybe i would be kena LELONG!!! hahaha :wave:

pikochew 18-03-2015 05:23 PM

IMHO islamic loan is far way better than conventional loan when u buy houses now. Bcos the rates for islamic loan is still the same like what they use for BLR where now the banks all also uses BR la.

kungfu1panda 18-03-2015 05:30 PM

I am a bank officer myself and what u've said is true where the Islamic loan is still lower than conventional loan even when BR is being implemented. U guys can check it out here:

https://www.hlb.com.my/main/info-cen...rate-base-rate


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