The interest rate is also high

[sumaiyakhatun29]

All major banks in Malaysia takes part and offer this scheme. Under the scheme, eligible applicants can get loan margin up to 100% of the purchase price. Based on my experience, the interest rates offered are higher than using the usual 90% package. Somewhere around 5% to 5.5%. Another disadvantage is that the scheme does not absorb legal fee, stamp duty and valuation cost.


These costs you have to fork out your own money. Before you apply this czech republic whatsapp fan scheme, check your eligibility first at My First Home Scheme website. 4) BSN Youth Housing Scheme Bank Simpanan Nasional pioneered the Youth Housing Scheme. There are several other banks offering similar schemes such as Bank Rakyat and Bank Muamalat (if I not mistaken). Similar to My First Home Scheme, this scheme offers loan margin up to 100% of the purchase price.


Around 5% to 5.5% and the scheme does not absorb legal fee, stamp duty and valuation cost. So what’s so special? For the first 2 years, The Youth Housing Scheme subsidised your monthly instalment of RM200. For example, let’s say the monthly payment is RM700. You only pay RM500 for the first 2 years. After the second year, the monthly payment reverts to the original RM700.