Post Last Edit by Dynz at 2-6-2011 09:39
Reply 266# jentayujingga
aku up sikit lagi history dia........
Series of Rate Hikes
OPR increases in 2011
Expected increase: 0.50% to 0.75%!
0.25% hike in September?* BLR: 7.05%? 0.25% hike in July?* BLR: 6.80%? 0.25% hike in May to 3.00% BLR: 6.55%?
OPR increases in 2010
Total Increase: + 0.75% 0.25% hike in July to 2.75% BLR: 6.30% 0.25% hike in May to 2.50% BLR: 6.05% 0.25% hike in March to 2.25% BLR: 5.80% BLR: 5.55% (in 2009) *next BNM meeting
HOW ABOUT 2012 onwards? CAN ANYONE GUARANTEE THAT BLR WILL NOT CONTINUE TO RISE?
IMPORTANT TO NOTE : A 1% increase in BLR from 6.30% to 7.30% for a RM500,000 loan at BLR-2.20% for 30years will:- = Increase instalment by RM299 per month = Increase your total interests by RM107,640 for the whole term. = Increase the loan tenure from 30 years to 41 years and 7 months (increase by more than 11 years & additional
RM335,824 if instalment remains unchanged)
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Post time 27-2-2011 11:02 AM
