Comments on: Beware of the Lock-in Period of your Home Loan Offer Letter http://kclau.com/wealth-management/beware-of-the-lock-in-period-of-your-home-loan-offer-letter/ Money tips and advices on personal financial planning - Protect, accumulate, preserve, and manage your WEALTH wisely! Thu, 20 Nov 2008 14:42:39 +0000 http://wordpress.org/?v=2.6.3 By: Nasrul Jan http://kclau.com/wealth-management/beware-of-the-lock-in-period-of-your-home-loan-offer-letter/#comment-57588 Nasrul Jan Fri, 29 Aug 2008 13:08:53 +0000 http://kclau.com/2007/07/16/beware-of-the-lock-in-period-of-your-home-loan-offer-letter/#comment-57588 Hi KC, Good website and information on money. I planned to refinance my house which is still pending for OC. Current rate is very high BLR+0.5%. Details: Loan amount: RM 157000 Period: 30 year 1st year: RM623/month 2nd year: RM912/month 3rd - 30 years: BLR + 0.5% 1st loan payment: May'2007 Lock in period : 5 years @ 3% Need your advise is it worth to refinance my loan with new bank that offer BLR- 1.5% (with 95% refinancing) and how much penalty that I need to pay and how much I need to top up. Your advice is very much appreciated.. Regards Nasrul Hi KC,
Good website and information on money. I planned to refinance my house which is still pending for OC. Current rate is very high BLR+0.5%.

Details:

Loan amount: RM 157000
Period: 30 year
1st year: RM623/month
2nd year: RM912/month
3rd - 30 years: BLR + 0.5%

1st loan payment: May’2007
Lock in period : 5 years @ 3%

Need your advise is it worth to refinance my loan with new bank that offer BLR- 1.5% (with 95% refinancing) and how much penalty that I need to pay and how much I need to top up.

Your advice is very much appreciated..

Regards
Nasrul

]]> By: KCLau http://kclau.com/wealth-management/beware-of-the-lock-in-period-of-your-home-loan-offer-letter/#comment-29813 KCLau Thu, 10 Apr 2008 06:05:55 +0000 http://kclau.com/2007/07/16/beware-of-the-lock-in-period-of-your-home-loan-offer-letter/#comment-29813 @Zaid, Welcome to this website. Try the new forum for more information : forum.kclau.com @Zaid,

Welcome to this website. Try the new forum for more information : forum.kclau.com

]]> By: zaid http://kclau.com/wealth-management/beware-of-the-lock-in-period-of-your-home-loan-offer-letter/#comment-29680 zaid Wed, 09 Apr 2008 08:36:18 +0000 http://kclau.com/2007/07/16/beware-of-the-lock-in-period-of-your-home-loan-offer-letter/#comment-29680 yes, thank you very much. those bank execs won't tell these things. yes, thank you very much. those bank execs won’t tell these things.

]]> By: Jalte http://kclau.com/wealth-management/beware-of-the-lock-in-period-of-your-home-loan-offer-letter/#comment-12773 Jalte Tue, 18 Dec 2007 03:52:22 +0000 http://kclau.com/2007/07/16/beware-of-the-lock-in-period-of-your-home-loan-offer-letter/#comment-12773 Thanks for the info. Very informative. Thanks for the info. Very informative.

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