Home Loan Refinancing For Retirement and Saving Plans

Are you interested in making more money for retirement planning? Refinance your home loan. It is a good option to help you in achieving your retirement goal and savings plan by using bank’s money.

CASE STUDY

Customer: Mr. DEF
Original Home Loan Amount: RM500,000
Original Home Loan Tenure: 30 years

Current Property Market Value: RM650,000
Refinance Home Loan Amount: RM585,000 (90% of RM650,000)
Refinance Home Loan Tenure: 28 years

home loan refinancing for retirement plan

COMPARISON: BEFORE REFINANCING VS. AFTER REFINANCING

Current Installment has been reduced to RM2,750 instead of RM2,850
Extra positive cash flow of RM100 every month
Home loan tenure remains 28 years after refinancing
Extra cash after refinancing: RM585,000 – (RM486,302 + RM15,000) = RM83,698

WHAT CAN AN EXTRA RM83,698 IN CASH DO FOR YOU?

Invest and maximize your cash into higher yield investment interest

Amanah Saham
Unit Trust
Structured Deposit

Pay-off your high interest debt to save interest money

Credit card
Personal loan

Setup emergency funds

Children education funds
Medical funds
Holiday trip funds
Property investment funds
Insurance for family members

2 comments:

Unknown5 December 2013 at 23:32
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Unknown5 October 2017 at 05:14
Hello
Am a private loan lender,fully registered and licensed,i give out the best loan to my client at a very convenient rate.The interest rate of this loan is 3%. I give out loan to public and private individuals.For more information contact us, for Personal loan, Business loan, Home Loans, etc,we got you covered.
Please,only serious and genuine people should apply,no early repayment penalties,no matter your financial score,just a Valid ID,house address and you will be approved a loan. If you are a serious and ambitious person and wishes to apply for a loan contact us today at Email: hamzakumarfinance@gmail.com
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