Reducing housing loan interest

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!


  1. Hah, I am happy to read , hear this :) , WELL DONE, good job. Consumer has to act garang sikit..You are doing so well, 7 yrs to habis quite a high loan wor. very pandai. Hey, can belanja Bahija makan lor , hehee


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