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Salam Abang Aziz dan rakan2 sekalian.
Saya terjumpa artikel tentang consolidation hutang2 PL and HP kepada HL yang dioffer oleh Citibank melalui blog Paultan.
Minta pendapat.Adakah HL ini termasuk dalam Tier 1 Bank untuk program AJIT kita juga?




Citibank: Combine your Home Loan and your Car Loan to save interest
June 14, 2011 at 1:13 pm By Paul Tan Filed Under Advertorial, Cars
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Did you know that you can consolidate your car hire purchase loan and any other loans you have under your Citibank Home Loan?

For example, say you have a home loan of RM300,000 with a current interest rate of 5%, a car loan of RM100,000 with a current interest rate of 3%, and a personal loan of RM20,000 at an interest rate of 15%.
FACILITY HOUSING LOAN CAR LOAN PERSONAL LOAN TOTAL
Loan Amount (RM) 300,000.00 100,000.00 20,000.00 420,000.00
Interest Rate 5% 3% 15%
Loan Tenure (mth) 120 84 60
Loan Instalment (RM) 3,181.97 1,440.48 475.80 5,098.24
Total Payback (RM) 381,835.85 121,000.00 28,547.92 531,383.77

You can consolidate all your debts under your home loan with Citibank’s Flexi Home Loan. Let’s see the difference in repayments after consolidation and a lower interest rate of 4.2%.
FACILITY HOME LOAN
NEW Loan Amount 420,000.00
Interest Rate 4.2%
Loan Tenure (mth) 120
Loan Instalment (RM) 4,292.33
Total Payback (RM) 515,079.81
Savings (RM) 16,303.96

As you can see, in this situation you’ll end up with a cashflow savings of RM805.91. That’s quite a bit of money. If you plough that back into your repayments to match your original RM5,098.24 monthly repayments, you can cut down your loan length of 120 months to just 97 months – that’s almost two years saved, which results in even more interest savings.
Current Loan Instalment (RM) 4,292.33
Extra Monthly Payment from your Cash Flow Savings (RM) 805.91
NEW Loan Installment (RM) 5,098.24
Original Loan Tenure (mth) 120
New Loan Tenure (mth) 97
No. of months saved 23
Total Payback (RM) 496,339.31
Original Payback (RM) 531,383.77
Total Savings (RM) 35,044.46

In the end, compared with your original total repayment amount of RM531,383.77, you’ve cut it down to RM496,339.31 while maintaining the same amount of repayment monthly. That’s a savings of RM35,044.46. Or you can take advantage of the extra cashflow each month and still save about RM16,303.96 by paying back RM515,079.81.

Make an appointment with a Citibank Home Loan Specialist now to find out more, and there’s even a promotion right now where with each consultation session, you’ll get a free car wash. Terms & conditions apply.

Figures quoted above are for illustration purposes only.

The loan approval is subject to the Bank’s credit review.

The rates on this loan may change according to the changes in Base Lending Rate (BLR).

Salam Budiman,

Citibank HL ini tidak termasuk dalam list Tier-1 bank Model AJIT. Benar selepas refinance kelebihan2 yg dinyatakan oleh Paul Tan itu boleh dilaksanakan. Tetapi ianya dengan bersyarat. Faktor utama adalah nilai semasa rumah yg akan di finance itu MESTI melebihi jumlah hutang sedia ada. Dengan itu baru ada NET VALUE. Jika rumah yg sdra miliki tiada nilai, tiada bank yg sanggup mengambil risiko utk membiayai semula hutang rumah itu. Selain drpd itu, Citibank Homeloan ini tidak menggunakan buku cek, dengan lain perkataan TIDAK BOLEH REDRAW ikut sukahati dan tidak kira berapa. Sungguhpun ia boleh dikeluarkan semula, ianya menggunakan kad ATM. Perkara ini akan menyulitkan urusan kita kelak. Di samping itu juga, cuba check jumlah yg boleh redraw bukannya dlm gandaan seribu? Yang ini juga jika benar akan menyusahkan kita kelak.

Sungguhpun begitu konsep membiayai semula kesemua hutang2 dengan menggunakan Flexihome adalah sepertimana juga konsep pembiayaan semula rumah Model AJIT. Bagaimanapun ianya bergantung kepada case to case basis kerana tidak semua pinjaman menguntungkan jika dibiayai oleh Flexihome. Yang pasti kos pembiayaan semula rumah est. 4.2% adalah jauh lebih rendah jika dibandingkan dengan pulangan ASB. Jadi, tidak dinafikan juga jika ada diantara sdra2 yg telah refinance rumah, hasil drpd refinance dimasukkan keseluruhannya ke dalam ASB. Bukankan itu lebih menguntungkan? Sehubungan dengan itu, senarai bank2 utk HL@Refinance masih lagi bank2 sama seperti dlm senarai Tier-1 bank Model AJIT. Jika ada yg lebih baik, sudah pasti akan saya masukkan ke dlm senaraipendek Tier-1 bank utk HL@Refinance. Terimakasih kpd Sdra Budiman kerana mengetengahkan HL Citibank ini utk kajian kita semua.


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