Rising BLR murdering your life!

Don't gamble on your largest investment!

Fact 1: Your mortgage loan is the largest and longest commitment in your life!
How long are you going to serve your loan?
What's the percentage of your mortgage loan from your household income?
Check on it NOW before it is too late!

Fact 2: What we plan often turns out to the unplaned? Don't you think so?
Don't you want to stay in control on what we actually can control?
Or at least minimize our risk in deviating from our original planning?

Fact 3: Everything is rising! Yet our income remains ;(
Petrol, tol, bills, food, consumer goods etc are getting more and more expensive!
If one of them is fixed, is it a good news for you?

Fact 4: BLR never fixed or stay low!
Check on the historical BLR


What do you notice? and what can you say from the graph?
Is it now a good time to sign up for Fixed Rate?

Fact 5: Do you know for a RM 500k mortgage loan with a tenure of 30 years, due to the four increases of BLR since March 2010, the total interest payable increased by 27.6%?
Is this what you want?

If you want to
1) Have a GUARANTEED fixed housing loan installment
2) Know exactly how much you are paying for mortgage loan
3) Avoid the impact of inflation and the rise in BLR
4) Confirm tha date you will fully repay your loan and secure it
5) Real financial control and achieve stability
6) Have long term service
7) ultimately have a PEACE OF MIND

Kindly contact me to secure a fixed rate of  4.99% (Non ZEC) or 5.39% (ZEC) on your property or refinace your loan to SAVE MORE MORE MORE!

Contact me and I will make sure our conversation is beneficial to you!

Best Regards,
Kelvin

Refinancing

What is Refinancing?

The term refinancing is defined as the process of acquiring a new loan from the same or different financier to pay off an existing loan using the same property as a collateral.

Normally, a borrower would refinance their property for some reasons such as reducing interest payment, changing borrowers and raising capital by doing cash out refinancing.


How does Refinancing works?

An example:

Year 2005
Market value: RM300,000
MOF: 90%
Loan: RM270,000
Tenure: 30 years
Interest rate: 5.99%
Installment: RM1,617.05 pm

Year 2010
Market value: RM500,000
MOF: 90%
Loan: RM450,000
Tenure: 30 years
Interest rate: 4.85%
Installment: RM2,374.61 pm

Loan outstanding as 2010: (RM200,000)


Method A: Cash Out Option
New loan outstanding: RM450,000
RM 200k settle loan. Remaining RM 250k for financial planning or other purpose
Monthly installment:
RM2,374.61

Method B: Non Cash Out Option
Loan outstanding: Remained at RM200,000
Monthly installment:
RM1,055.38 @ 30 years tenure or RM 1151.77 @ 25 years tenure
(Compared with RM1,617.05 before refinancing)

Is it another option for you to cash out money for your dreams or to save interest?

Contact me and I will make sure our conversation is beneficial to you!

Best Regards,
Kelvin

~Debt/Loan Cancellation Program~

A solution to CANCEL ALL Your DEBT/LOAN!

Person who need my service:
Individual/company who is serving loan whether it is a hire purchase, mortgage loan, personal loan etc etc
Example of a very common usage of this service is MRTA/MLTA in mortgage loan.

Benefits of this program:
By signing up this program, you are able to CANCEL ALL Your DEBT/LOAN instantly**

The cost of this program:
The program is customize based on your budget and the features you want.

Example: Male, age 28, non smoker

Basic coverage (Good for investor)
RM 500 000 coverage (Death and TPD only)= RM 1575 p.a
RM 500 000 coverage (Death, TPD and Critical Illness)= RM 3135 p.a

or a more balanced and secured but cost saving method

RM 250 000 first payout on Critical Illness and another RM 250 000 payout when death/tpd= RM 2355 p.a
(If death/TPD without Critical Illness, RM 500 000 will be payout!)

#The coverage of the plan above are all "level" meaning that the sum assured is RM 500 000 throughout the term

If your budget is tight, you can get a reducing coverage plan (Good for low budget individual)
RM 500 000 decreasing coverage (Death and TPD only)= RM 1015 p.a
RM 500 000 deacreasing coverage (Death, TPD and Critical Illness)= RM 1735 p.a

If you have extra cash and wish to have " premium back" funtion (Good for individual that need a balanced investment-risk portfolio):
RM 500 000 increasing coverage (Death and TPD only)= RM 8880 p.a
After 30 years, total paid= RM 266 400
YOU GET BACK approx RM 597 886

RM 500 000 increasing coverage (Death, TPD and Critical Illness)= RM 15975 p.a
After 30 years, total paid= RM 479 250
YOU GET BACK approx RM 1 006 345

As you can see, there are various of plan out there.

Of cause, there are many more others features, mix and match that can be done to suit your budget and financial goals!

**T&C APPLYS
How Get This Consultation for FREE?
Call/Text Me @ 012 677 8390

When A Property Is Sold/Transferred

To all my beloved Property Investor!


When A Property Is Sold/Transferred.


All transfers of property attract stamp duty regardless whether the acquirer gives consideration (value in money or kind example by exchange, as gifts from loves one) for the transfer or not.


The Malaysian government at times impose stamp duty exemption for certain property type for a certain period of time so as to encourage housing sale. Currently, no exemption is given.

Stamp duty for transfer of property is chargeable at the following rate:

Up to RM100,000 = 1%
RM100,001 to RM500,000 = 2%
RM500,001 onwards = 3%

So what this implement? 

It means that your next kin (might be parents, spouse, children, relatives) need CASH to transfer your property when you are not belong to this world anymore.

Assuming that you have RM 1 mil worth of property, you need approximate RM 30 000 (simple calculation excluded legal fees etc) just to transfer the property!!!

What happens if your next kin need to bare the monthly loan repayment too?

If you are worried about this, kindly contact me. I will try my best to provide you solutions that will minimize your financial burden and worries.

Financial Pyramid

Recently, I realized that most of us doesn't have a correct, secured and strategy in planning towards financial freedom. So, would like to share the financial pyramid so that we can revise our planning and work towards financial freedom!

The proper path towards financial freedom!
1) First, risk management
2) Wealth accumulation
3) Wealth creation

Estimated Average Cost of Treatment

Are you prepared for it?

What can you do with RM 3 nowadays?

Serious question!

What can you do with RM 3 nowadays?

Nasi lemak+ milo ice?

KFC?

McDonald?

A packet of cigarattes?

You MUST be KIDDING me!

Do you know how much a medical treatment for critical illness cost?

It just cost RM 3/day!

Best worth insurance plan in the market!

Free insurance analysis available! Contact me for assistance!