http://forum.lowyat.net/ Thu, 02 Jul 2026 22:19:55 +0800 FeedCreator 1.7.2 http://forum.lowyat.net/topic/4130696 Thread closed. vailancer The Museum Of Kopitiam Tue, 29 Nov 2016 23:08:47 +0800 http://forum.lowyat.net/topic/3506414 Deleted vailancer Home Renovations and Interior Design Wed, 25 Feb 2015 13:34:58 +0800 http://forum.lowyat.net/topic/3499967 Deleted vailancer Home Renovations and Interior Design Mon, 16 Feb 2015 00:04:12 +0800 http://forum.lowyat.net/topic/3205114 I thinking want to make personal loan to settle my car loan, need opinion on this matter:-<br /><br /><b>Car Loan</b><br />Loan amount: RM 46,000<br />Interest rate: 4.25%<br />Tenure: 9 years<br />Monthly instalment: RM 600<br />Instalment paid to date: 41 mths x RM 600 = RM 24,600<br />Balance: RM 39,051.57<br />Settlement : RM 32,243.03<br />Rebate for settlement: RM 6,808.54<br /><br /><b>Personal Loan</b><br />Loan amount: RM 30,000<br />Interest rate: 3.33%<br />Tenure: 10 years<br />Monthly instalment: RM 333<br /><br />If i use the RM 30,000 + cash in hand RM 2,243.03 to settle the car loan so monthly my salary will deduct by bank RM 333 every month for 10 years and no more car loan, will ok if i do like this? or better just continue the car loan till 9 years.<br /><br />Actually i got such thinking because i got make ASB loan for RM 100k since last year, now thinking wan add another RM 100k ASB loan for investment, which total monthly payment will be RM 1,200 for 25 years, return rate around 8% per year, that why feel want to cut down the monthly instalment from RM 600 to RM 333 but another 10 years.. i worry i make wrong decision use personal loan to settle car loan.. or better if i loan RM 30k to put in ASB? but RM 1,200 + rm 600(car loan) is over my budget. Please advice me on this matter.. vailancer The Fast &amp; The Furious Fri, 25 Apr 2014 16:58:47 +0800