A Personal Finance Blog for Malaysian
Malaysia Personal Finance Blog.
Sunday, February 27, 2011
How cheap is cheap loan? Mortgage should be the cheapest commercial loan.
As BLR now stands at 6.30%, a mortgage can be as cheap as BLR-2.45% i.e. 6.3%-2.45%=3.85% only.
It is barely 1% above FD rate...
Kong Hui CHONG
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