败在借钱的数学题上！！
早上银行打电话来说，可以借我RM10K的一笔cash on call因为我很准时还信用卡的费用。利息effective rate (*听错了，这是Flat rate)是3%， 借10千每个月还RM858.3,那就说借10千还10千3百。利息RM300一年。没有手续费，3个月后可以直接还完要给RM175的利息。
听了之后就很兴奋，因为这太划算了。拿来放银行一年也有RM315了。不投资也多赚RM15几好，不如放在屋款也好4.2%的利息。所以就很爽快地叫她交上去了。
过了几个小时突然觉得怪怪的，好像算错了。。。就拿excel来算一算。。。。
OMG。。。原来不是那样算的！！！如果用屋款方法来算应该是RM162.51的利息而已！！！无端端要多给RM137.89!!
在算一算要赚多少的投资回报才能赚回利息！！！要过6%的回报才可以赚RM28.76 !! ＯＭＧ！！败在这数学题上了！！
5.5% 才是真真的 effective Rate per annual.
于是打电话去要取消掉这个申请但是那个小姐讲不能取消了！！ 唉。。就当着买个教训！！
有可能是好事来的，就挑战自己一下看能不能赚多过6%的回报率！！！哈哈
10K loan with 3% flat rate interest is very low.
ReplyDeleteu part this money to housing loan is sure win scenario
1 year timing to beat 3% flat rate interest is damn easy task
flat rate and effective rate is different right? :D
ReplyDeleteI got that call before, exactly from C*** bank, and similar rate (btw, actually lower 2.7++% only) if you calculate well, flat rate is always higher, similar case to car loan, it is flat rate, but remember the common rule of thumb, add 2.7% - 3% to flat rate, that's the real interest rate they are charging you. Hence, I read some where, the lowest interest rate now in Malaysia is still housing loan rate. Dig more from the web, you will find the full explaination. Be smart, as bank will know what you think, they have a group of expert doing all these calculation.
ReplyDeleteoh oh..just check is flat rate..he he..don't know why i can hear wrongly at phone >_<.
ReplyDeletenever mind la, pay a bit to learnt the lesson..ha ha
wow, the rate is so attractive! Only 5.5% annual rate. Mind to share from which bank?
ReplyDeleteWayne, is from OCBC but the one call me have mention is selected customer only..(not sure how true is it..ha ha)
ReplyDelete请问为什么一定要找6%以上的回凑才可以。要是5%的回凑，也有500了。利息300也可以cover。还赚了200不是吗？请指导 :)
ReplyDelete你每个月要还RM858.3， 那你的5%回凑一年后会有500吗？
Delete哎呀。我搞糊涂啦。谢谢你。我又明白了！
Deletewelcome..我也是在睡醒时糊涂了。。但是还是赚回那些利息钱了。
Delete