IMPACT ON RISING OF BLR

Example :

Loan amount = RM300,000
Period of Financing = 30 years
Interest rate = BLR + 0% (BLR at 6%p.a.)
Monthly instalment = RM1,799
Total interest payable = RM347,514

If BLR increase from 6.00% to 6.75% p.a. (+0.75%), let's see what is the impact

Loan amount = RM300,000
Period of Financing = 30 years
Interest rate = BLR + 0% (BLR at 6.75%p.a.)
Monthly instalment = RM1,946
Total interest payable = RM400,486
Total additional interest payable = RM52,972


Click here ==>