tag:blogger.com,1999:blog-165047332008-05-01T16:54:47.660+08:00chentongBlogger4125tag:blogger.com,1999:blog-16504733.post-1144323071006507052006-04-06T19:11:00.000+08:002006-04-09T20:48:34.146+08:00

FPM Home Loan Planner R1.0 contains a home loan calculator and a home loan repayment planner. Home Loan Calculator There are four variables in calculating home loan, i.e. loan amount, interest rate, monthly instalment and loan tenure. The usual home loan calculators found in the internet calculate only the monthly instalment in which users enter loan amount, interest rate and loan tenure. Under

chentongtag:blogger.com,1999:blog-16504733.post-1137864149150583722006-01-22T00:16:00.000+08:002006-04-05T21:18:48.016+08:00

Among various types of financing, home loan is the cheapest. Why would we want to repay it early? It is cheap financing! The "saving" from the lower monthly instalments could be used, for example, for business, renovations, investing, etc. This is the logic that most people use to convince themselves not to pay down their home loan. "Well, personal loan is more expensive then home loan..." This

chentongtag:blogger.com,1999:blog-16504733.post-1128357213718873012005-10-04T00:08:00.000+08:002006-04-06T22:34:56.776+08:00

We bought our first home and took up a RM164,000 home loan in the midst of Asia Financial Crisis, 1998. The interest rate then was about 11.64%. Based on the original plan it would take us 20 years to finish off the loan. The total repayment amount would be RM429,359, i.e. RM164,000 principal and RM265,359 interest!! This is how we repay our 20-year home loan in 7 years. On the third year of

chentongtag:blogger.com,1999:blog-16504733.post-1126280650593439282005-09-09T23:07:00.000+08:002005-09-10T18:14:44.450+08:00

These are the steps of getting a home loan. 1. Before anything else, get your credit reports from The Credit Bureau, Bank Negara Malaysia. Find out what the banks read about your credit records. It should take about a month for you to get your credit report from the date of your request. A good credit records is helpful in getting a cheaper for home loan. 2. Identify your property. 3. Explore

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