Woo hooooo! Thanks to Bahija, Ringgit has pestered ING to reduce his interest rate from 6.15% to 5.35% and now to 5% (pending their management approval)... that's a savings of about 12K of interest! And if I upped my monthly repayment by RM800, I can repay the BU house in 7 years time!
I had to threaten them that I will refinance, show them an offer from PBB and only then do they agree to reduce. Lots of emails and faxes but hey, it's a lot of savings le!
Wow.. 7 years later and I am half a millionaire (if I sell my house, that is.. LOL)
Still.. I would urge all of you to write to your banks and get a reduction in interest rate. HUGE SAVINGS!