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SMR PLAN Case Study 5

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SUPEX Mortgage Reduction (M) Sdn Bhd
SUPEX Mortgage Reduction (M) Sdn Bhd

SMR PLAN Cut CIMB Bank Berhad Existing Instalment Home Xpress Loan (FIXED) 233 Months (77.41%) & MYR139,788.91 Interest (76.30%)

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5 Discover How SMR PLAN Helped Loan Borrower Existing Instalment Home Xpress Loan (FIXED) Cut 233 Months (77.41%) & MYR139,788.91 Interest (76.30%) ? ? ? ? Event: Webinar Language: English Date: 7th Jan 2014 Day£º Tuesday SMR PLAN Case Study 5 ? ? ? ? Time: 10AM-11AM Venue: Online Fee: FOC Gift: Free SMR PLAN Analysis SMRPlan.com 1
5 OUTLINE 1. Introduction 2. SMR PLAN Process 3. Q & A 4. FREE GIFT 5. Conclusion SMR PLAN Case Study 5 SMRPlan.com 2
Introduction Do you know ¡°If YOU do not have an OUT-OF-DEBT PLAN, rest assured YOU are under the influence of SOMEONE else¡¯s INTO-DEBT PLAN¡±? SMR PLAN Case Study 5 By the end of this webinar >>> SMRPlan.com 3
INTO-DEBT PLAN You will discover the PROBLEM of an INTO-DEBT PLAN as illustrated below. No Particular Original Current Problem 1 Tenure Remaining 272 Months 301 Months 29 Months 2 Total Repayment RM293,760.00 RM325,080.00 RM31,320.00 3 Total Interest RM151,898.75 RM183,218.75 RM31,320.00 In addition >>> SMR PLAN Case Study 5 SMRPlan.com 4
OUT-OF-DEBT PLAN You will also discover the SOLUTION of an OUT-OF-DEBT PLAN as illustrated below. No Particulars 1 Bank 2 SMR75 3 Savings Months Total Payment Interest Principal 301 RM325,080.00 RM183,218.75 RM141,861.25 68 RM185,291.09 RM43,429.84 RM141,861.25 233 RM139,788.91 77.41% 76.30% Good News >>> SMR PLAN Case Study 5 SMRPlan.com 5
SMR PLAN Is an OUT-OF-DEBT PLAN an INTO-DEBT PLAN which can help WORLD Loan Borrowers To GET OUT-OF-DEBT a SOLUTION for a PROBLEM of FREE Gift >>> SMR PLAN Case Study 5 SMRPlan.com 6
FREE GIFT Great News! In appreciation to your registration of this WEBINAR, you will be given up to a maximum of THREE (3) FREE SMR PLAN Analysis FREE GIFTS and you can claim it as follows: Please check your EMAIL to find out How To Claim Your FREE Gifts. 1 ? Social Network 2 ? Sign Up FREE Member 3 ? Prepare & SCAN Loan Documents 4 ? Upload Loan Documents 5 ? FREE SMR PLAN Analysis Ask a Question >>> SMR PLAN Case Study 5 SMRPlan.com 7
Ask a Question ? Should you have any question, please click ¡°Ask a Question¡± to Start Chat ANYTIME during the webinar and we shall answer each question at the end of this Webinar. ? Should we are unable to answer your question(s) in this Webinar, we will answer it via Email. SMR PLAN Case Study 5 SMRPlan.com <<< Outline 8
SMR PLAN Process In this Case Study, we will show you how SMR PLAN Process helped Loan Borrower Cut CIMB Bank Berhad Existing Instalment Home Xpress Loan (FIXED) 233 Months (77.41%) & MYR139,788.91 Interest (76.30%). Analysis Application Agreement SMR Plan Documents & Information Payment Implementation SMR PLAN Case Study 5 Additional SMR Plan SMRPlan.com Let us share with you step by step. 9
ANALYSIS Documents 1. Letter of Offer: 19 July 1999 2. Date of First Payment: 31 March 2001 3. Latest Bank Statement as at: 30 June 2013 SMR Analysis >>> SMR PLAN Case Study 5 SMRPlan.com 10
SMR ANALYSIS No Particular A B Total Loan Amount Original RM170,000.00 Tenure 420 Months C Number of Instalments Paid 148 Months D Number of Instalments Remaining (B ¨C C) 272 Months E Outstanding Balance RM141,861.25 F Current Base Lending Rate 6.60% G Interest Rate 7.85% H Monthly Repayment RM1,080.00 I Current Loan Tenure 301 Months J Number of Instalment Adjusted (I ¨C D) K Total Repayment (H x I) RM325,080.00 L Total Interest (K ¨C E) RM183,218.75 SMR PLAN Case Study 5 BLR + 1.25% SMRPlan.com Extended 29 Months SMR Formulation >>> 11
SMR FORMULATION Package Save Time Interest 25% 76 Months RM 45,804.69 SMR50 50% 151 Months RM 91,609.38 SMR75 75% 226 Months RM 137,414.06 SMR25 Fee Charge 1% RM 1,418.61 1.5% RM 2,127.92 2% RM 2,837.23 Rental / Cash Return RM82,080.00 RM 1,080.00 RM163,080.00 RM244,080.00 The applicant selected SMR75 package to cut 75% Time & 75% Interest. <<< SMR PLAN Process SMR PLAN Case Study 5 SMRPlan.com 12
APPLICATION 14th May 2013 Sign Up SMRPlan.com FREE Member Acknowledge Receipt of Application Submit Application For SMR Plan 16th May 2013 16th May 2013 <<< SMR PLAN Process SMR PLAN Case Study 5 SMRPlan.com 13
AGREEMENT Approval Execution 16th May 2013 25th May 2013 <<< SMR PLAN Process SMR PLAN Case Study 5 SMRPlan.com 14
PAYMENT SMR PLAN Fee Total Service Tax 25th May 2013 <<< SMR PLAN Process SMR PLAN Case Study 5 SMRPlan.com 15
DOCUMENTS AND INFORMATION 13th Jun 2013 Prepared 15th Aug 2013 Received Inquiry 19th Jun 2013 <<< SMR PLAN Process SMR PLAN Case Study 5 SMRPlan.com 16
SMR PLAN 19th Aug 2013 Effective 1st August 2013 SMR SCHEDULE SMR PLAN Case Study 5 SMR SMR IMPLEMENTATION ANALYSIS SMR FORMULATION SMRPlan.com 17
SMR ANALYSIS 1. PROPERTY Information 2. LENDER Information 3. ORIGINAL Mortgage Information 4. CURRENT Mortgage Information 5. What¡¯s your PROBLEM? 6. What are the ROOT CAUSES of your PROBLEM? SMR PLAN Case Study 5 SMRPlan.com 18
1. Property Information 1. Date of Sales & Purchase Agreement: Unknown 2. Property: Single Storey Terrace House 3. Housing Scheme: Existing Stock Unit 4. Purchase Price: Unknown 5. Down Payment: Unknown SMR PLAN Case Study 5 SMRPlan.com 19
2. LENDER Information 1. Banking Institutions: Commercial Bank 2. Lender: CIMB Bank Berhad SMR PLAN Case Study 5 SMRPlan.com 20
3. Original Mortgage Information 1. Loan Status: Existing Instalment 2. Loan Type: Home Xpress Loan (FIXED) 3. Date of Letter Offer: 19 July 1999 4. Date of Loan Agreement: 3 November 2000 5. Standing Instruction / Auto Debit: Yes In-depth Analysis >>> SMR PLAN Case Study 5 SMRPlan.com 21
K. Repayment : Tier 1 : RM1,068.00 Thereafter : RM1,270.00 Repayments are to commence within three years of approval of this loan or one month after the date of final disbursement, whichever is earlier. N. Total Repayment: RM 528,552.00 3. Original Mortgage Information SMR PLAN Case Study 5 Total Principal RM170,000.00 Repayment F. Payment Frequency: Monthly C. Mortgage Type: Adjustable Rates Mortgage E. Compounded Interest: Monthly Monthly rest or such other rest H. Base Lending Rate: 7.25 % period or other rate of interest I. Number of Tier: 2 as may be provided for in the J. Interest Rate: Agreement or which may Tier 1: 24 Months 6.85% = 6.85% otherwise determined by the Tier 2: 396 Months BLR + 1.25% = 8.50% Lender in writing. Total Interest RM358,552.00 B. Period: 420 Months D. Basis Year: 365 Days G. Exact Day: No L. Loan Disbursement: First Release: Unknown Final Release: 28 February 2001 A. Loan Principal Amount: RM170,000.00 MRTA: RM0.00 Legal Fee: RM0.00 Valuation Fee: RM0.00 Others: RM0.00 Total: RM170,000.00 What about Current Mortgage Analysis? >>> M. 1st Repayment Date: 31 March 2001 SMRPlan.com 22
4. Current Mortgage Information H. Repayment: RM1,080.00 K. Total Repayment: RM325,080.00 Repayment E. Current BLR: 6.60% F. Number of Tier Remaining: 1 G. Interest Rate: BLR + 1.25% = 7.85% D. Outstanding Balance: RM141,861.25 B. No. of Installments Paid: 148 Months Total Principal RM141,861.25 J. No. of Installments Extended Total Interest RM183,218.75 B. Period: 420 Months A. As at: 30 June 2013 Total Repayment Paid: RM183,112.00 Total Principal Paid: RM28,138.75 Total Interest Paid: RM154,973.25 SMR PLAN Case Study 5 29 Months C. Number of Installments Remaining: 272 Months I. Current Loan Tenure: 301 Months What¡¯s your problem? >>> SMRPlan.com 23
5. What¡¯s your PROBLEM? No Particular Original Current Problem 1 Tenure Remaining 272 Months 301 Months 29 Months 2 Total Repayment RM293,760.00 RM325,080.00 RM31,320.00 3 Total Interest RM151,898.75 RM183,218.75 RM31,320.00 What are the root causes? >>> SMR PLAN Case Study 5 SMRPlan.com 24
6. What are the ROOT CAUSES of your PROBLEM? Fluctuation of BLR Problem Current Loan Tenure 301 Months & Total Interest RM183,218.75 Root Causes Because No Additional SMR Schedule Fluctuation of BLR >>> SMR PLAN Case Study 5 SMRPlan.com 25
Fluctuation of BLR 8.00% 8.00% 7.50% 7.00% 6.75% 6.75% 6.60% 6.50% 6.50% 6.50% 6.30% 6.00% 6.05% 6.00% 5.95% 5.80% 5.55% 5.50% 1999 2001 2003 2005 2007 2009 2011 What should you do next? >>> SMR PLAN Case Study 5 SMRPlan.com 26
SMR FORMULATION 1. SMR Target 2. SMR Methodology SMR PLAN Case Study 5 SMRPlan.com 27
1. SMR Target Package Save SMR75 Months 75% 226 Interest RM137,414.06 How to achieve it? >>> Repayment Total Principal RM141,861.25 B. No. of Installments Paid: 148 Months J. No. of Installments Extended Total Interest RM183,218.75 B. Period: 420 Months 29 Months Number of Installments Remaining: 272 Months Current Loan Tenure: 301 Months SMR PLAN Case Study 5 SMRPlan.com 28
2. SMR Methodology Package Save Months Interest SMR75 75% 226 RM137,414.06 Repayment Total Principal RM141,861.25 Save Total Principal 75% Time RM141,861.25 B. No. of Installments Paid: 148 Months Total Total Interest Interest RM183,218.75 RM45,804.69 & J. No. of Installments 75% Interest Extended With SMR Schedule >>> B. Period: 420 Months 29 Months Number of Installments Remaining: 272 Months Current Loan Tenure: 301 Months SMR PLAN Case Study 5 SMRPlan.com 29
SMR SCHEDULE SMR PLAN Case Study 5 SMRPlan.com 30
SMR SCHEDULE The different between BANK and SMR Schedule. No Particulars 1 Bank 2 SMR75 3 Savings Months Total Payment Interest Principal 301 RM325,080.00 RM183,218.75 RM141,861.25 68 RM185,291.09 RM43,429.84 RM141,861.25 233 RM139,788.91 77.41% 76.30% A SMR Schedule for SMR Implementation with effective from 1 August 2013. The Applicant is required to CONTROL the SMR Schedule by follow up, review and feedback at the ¡°Remarks¡± column. Graduated Payment Scheme >>> SMR PLAN Case Study 5 SMRPlan.com 31
SMR SCHEDULE In SMR Schedule, the payments are GRADUATED EVERY MONTH to cut CIMB Bank Berhad Existing Instalment Home Xpress Loan (FIXED) 233 Months (77.41%) & MYR139,788.91 Interest (76.30%). 5000 4500 4000 3500 3000 2500 2000 1500 1000 500 0 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 How to IMPLEMENT? >>> SMR PLAN Case Study 5 SMRPlan.com 32
SMR IMPLEMENTATION Effective 1st August 2013 SMR PLAN Case Study 5 SMRPlan.com 33
Implementation The Applicant must promptly pay the exact monthly instalments repayment amount on the repayment due date strictly in accordance with the SMR Plan provided by the Company OR on the following three (3) working days from the repayment due date (Repayment Time Period¡±). The Applicant shall strictly adhere to the Repayment Time Period irrespective of whether monthly instalment repayment is made by way of CASH or by CHEQUE to Loan Account. More >>> SMR PLAN Case Study 5 SMRPlan.com 34
Implementation The Outstanding Balance with the Lender shall not include incidental charges such as insurance premiums, penalty charges, late payment charges, administrative charges and legal fees. More >>> SMR PLAN Case Study 5 SMRPlan.com 35
Implementation This SMR Plan shall automatically be terminated and null and void if the applicant by own action prematurely terminate the SMR Plan by: 1. 2. 3. 4. 5. 6. disposing off the Property or transferring the Property to any third party or refinancing the existing loan facility or early redeeming the loan facility with Lender or defaulting in the repayment of the monthly instalment loan facility or engaging in a situation or conduct which shall have the effect of rendering the Lender to recall or terminate the loan facility. How to MONITOR? >>> SMR PLAN Case Study 5 SMRPlan.com 36
Additional SMR Plan Variation of Interest Rate (VIR) Please be informed that in the situation of Variation of Interest Rate (¡°VIR¡±) due to changes of ? Base Lending Rate (¡°BLR¡±) and/or ? Adjusted Interest Rate (¡°AIR¡±) by the Lender and/or ? application for Lower Interest Rate (¡°LIR¡±) by you, Central Bank Base Lending Rate Lender Lower Interest Rate Applicant Adjusted Interest Rate the Applicant is allowed to apply Additional SMR Plan. SMR PLAN Case Study 5 SMRPlan.com Q & A >>> 37
Q&A Ok, now is the Q & A. ? Should you have any questions, please click ¡°Ask a Question¡± to Start Chat NOW and we are going to answer each question NOW. ? Should we are unable to answer your question(s) in this Webinar, we will answer it via Email. SMR PLAN Case Study 5 SMRPlan.com <<< Outline 38
FREE GIFT Great News! In appreciation to your registration of this WEBINAR, you will be given up to a maximum of THREE (3) FREE SMR PLAN Analysis FREE GIFTS and you can claim it as follows: Please check your EMAIL to find out How To Claim Your FREE Gifts. 1 ? Social Network 2 ? Sign Up FREE Member 3 ? Prepare & SCAN Loan Documents 4 ? Upload Loan Documents 5 ? FREE SMR PLAN Analysis SMR PLAN Case Study 5 SMRPlan.com 39
Conclusion 1. Firstly, THANK YOU for joining this SMR PLAN Case Study Webinar. 2. Secondly, please upload your FREE SMR PLAN Analysis Loan Documents ASAP or latest within 2 Weeks, failing which¡­ 3. Thirdly, I will FOLLOW UP you via email. 4. Fourthly, this FREE Gift is also opened to those who register and join REPLAY Webinar. 5. Lastly, hope you enjoy this Webinar and I will END this Webinar NOW! SMR PLAN Case Study 5 SMRPlan.com 40

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SMR PLAN Case Study 5

  • 1. 5 Discover How SMR PLAN Helped Loan Borrower Existing Instalment Home Xpress Loan (FIXED) Cut 233 Months (77.41%) & MYR139,788.91 Interest (76.30%) ? ? ? ? Event: Webinar Language: English Date: 7th Jan 2014 Day£º Tuesday SMR PLAN Case Study 5 ? ? ? ? Time: 10AM-11AM Venue: Online Fee: FOC Gift: Free SMR PLAN Analysis SMRPlan.com 1
  • 2. 5 OUTLINE 1. Introduction 2. SMR PLAN Process 3. Q & A 4. FREE GIFT 5. Conclusion SMR PLAN Case Study 5 SMRPlan.com 2
  • 3. Introduction Do you know ¡°If YOU do not have an OUT-OF-DEBT PLAN, rest assured YOU are under the influence of SOMEONE else¡¯s INTO-DEBT PLAN¡±? SMR PLAN Case Study 5 By the end of this webinar >>> SMRPlan.com 3
  • 4. INTO-DEBT PLAN You will discover the PROBLEM of an INTO-DEBT PLAN as illustrated below. No Particular Original Current Problem 1 Tenure Remaining 272 Months 301 Months 29 Months 2 Total Repayment RM293,760.00 RM325,080.00 RM31,320.00 3 Total Interest RM151,898.75 RM183,218.75 RM31,320.00 In addition >>> SMR PLAN Case Study 5 SMRPlan.com 4
  • 5. OUT-OF-DEBT PLAN You will also discover the SOLUTION of an OUT-OF-DEBT PLAN as illustrated below. No Particulars 1 Bank 2 SMR75 3 Savings Months Total Payment Interest Principal 301 RM325,080.00 RM183,218.75 RM141,861.25 68 RM185,291.09 RM43,429.84 RM141,861.25 233 RM139,788.91 77.41% 76.30% Good News >>> SMR PLAN Case Study 5 SMRPlan.com 5
  • 6. SMR PLAN Is an OUT-OF-DEBT PLAN an INTO-DEBT PLAN which can help WORLD Loan Borrowers To GET OUT-OF-DEBT a SOLUTION for a PROBLEM of FREE Gift >>> SMR PLAN Case Study 5 SMRPlan.com 6
  • 7. FREE GIFT Great News! In appreciation to your registration of this WEBINAR, you will be given up to a maximum of THREE (3) FREE SMR PLAN Analysis FREE GIFTS and you can claim it as follows: Please check your EMAIL to find out How To Claim Your FREE Gifts. 1 ? Social Network 2 ? Sign Up FREE Member 3 ? Prepare & SCAN Loan Documents 4 ? Upload Loan Documents 5 ? FREE SMR PLAN Analysis Ask a Question >>> SMR PLAN Case Study 5 SMRPlan.com 7
  • 8. Ask a Question ? Should you have any question, please click ¡°Ask a Question¡± to Start Chat ANYTIME during the webinar and we shall answer each question at the end of this Webinar. ? Should we are unable to answer your question(s) in this Webinar, we will answer it via Email. SMR PLAN Case Study 5 SMRPlan.com <<< Outline 8
  • 9. SMR PLAN Process In this Case Study, we will show you how SMR PLAN Process helped Loan Borrower Cut CIMB Bank Berhad Existing Instalment Home Xpress Loan (FIXED) 233 Months (77.41%) & MYR139,788.91 Interest (76.30%). Analysis Application Agreement SMR Plan Documents & Information Payment Implementation SMR PLAN Case Study 5 Additional SMR Plan SMRPlan.com Let us share with you step by step. 9
  • 10. ANALYSIS Documents 1. Letter of Offer: 19 July 1999 2. Date of First Payment: 31 March 2001 3. Latest Bank Statement as at: 30 June 2013 SMR Analysis >>> SMR PLAN Case Study 5 SMRPlan.com 10
  • 11. SMR ANALYSIS No Particular A B Total Loan Amount Original RM170,000.00 Tenure 420 Months C Number of Instalments Paid 148 Months D Number of Instalments Remaining (B ¨C C) 272 Months E Outstanding Balance RM141,861.25 F Current Base Lending Rate 6.60% G Interest Rate 7.85% H Monthly Repayment RM1,080.00 I Current Loan Tenure 301 Months J Number of Instalment Adjusted (I ¨C D) K Total Repayment (H x I) RM325,080.00 L Total Interest (K ¨C E) RM183,218.75 SMR PLAN Case Study 5 BLR + 1.25% SMRPlan.com Extended 29 Months SMR Formulation >>> 11
  • 12. SMR FORMULATION Package Save Time Interest 25% 76 Months RM 45,804.69 SMR50 50% 151 Months RM 91,609.38 SMR75 75% 226 Months RM 137,414.06 SMR25 Fee Charge 1% RM 1,418.61 1.5% RM 2,127.92 2% RM 2,837.23 Rental / Cash Return RM82,080.00 RM 1,080.00 RM163,080.00 RM244,080.00 The applicant selected SMR75 package to cut 75% Time & 75% Interest. <<< SMR PLAN Process SMR PLAN Case Study 5 SMRPlan.com 12
  • 13. APPLICATION 14th May 2013 Sign Up SMRPlan.com FREE Member Acknowledge Receipt of Application Submit Application For SMR Plan 16th May 2013 16th May 2013 <<< SMR PLAN Process SMR PLAN Case Study 5 SMRPlan.com 13
  • 14. AGREEMENT Approval Execution 16th May 2013 25th May 2013 <<< SMR PLAN Process SMR PLAN Case Study 5 SMRPlan.com 14
  • 15. PAYMENT SMR PLAN Fee Total Service Tax 25th May 2013 <<< SMR PLAN Process SMR PLAN Case Study 5 SMRPlan.com 15
  • 16. DOCUMENTS AND INFORMATION 13th Jun 2013 Prepared 15th Aug 2013 Received Inquiry 19th Jun 2013 <<< SMR PLAN Process SMR PLAN Case Study 5 SMRPlan.com 16
  • 17. SMR PLAN 19th Aug 2013 Effective 1st August 2013 SMR SCHEDULE SMR PLAN Case Study 5 SMR SMR IMPLEMENTATION ANALYSIS SMR FORMULATION SMRPlan.com 17
  • 18. SMR ANALYSIS 1. PROPERTY Information 2. LENDER Information 3. ORIGINAL Mortgage Information 4. CURRENT Mortgage Information 5. What¡¯s your PROBLEM? 6. What are the ROOT CAUSES of your PROBLEM? SMR PLAN Case Study 5 SMRPlan.com 18
  • 19. 1. Property Information 1. Date of Sales & Purchase Agreement: Unknown 2. Property: Single Storey Terrace House 3. Housing Scheme: Existing Stock Unit 4. Purchase Price: Unknown 5. Down Payment: Unknown SMR PLAN Case Study 5 SMRPlan.com 19
  • 20. 2. LENDER Information 1. Banking Institutions: Commercial Bank 2. Lender: CIMB Bank Berhad SMR PLAN Case Study 5 SMRPlan.com 20
  • 21. 3. Original Mortgage Information 1. Loan Status: Existing Instalment 2. Loan Type: Home Xpress Loan (FIXED) 3. Date of Letter Offer: 19 July 1999 4. Date of Loan Agreement: 3 November 2000 5. Standing Instruction / Auto Debit: Yes In-depth Analysis >>> SMR PLAN Case Study 5 SMRPlan.com 21
  • 22. K. Repayment : Tier 1 : RM1,068.00 Thereafter : RM1,270.00 Repayments are to commence within three years of approval of this loan or one month after the date of final disbursement, whichever is earlier. N. Total Repayment: RM 528,552.00 3. Original Mortgage Information SMR PLAN Case Study 5 Total Principal RM170,000.00 Repayment F. Payment Frequency: Monthly C. Mortgage Type: Adjustable Rates Mortgage E. Compounded Interest: Monthly Monthly rest or such other rest H. Base Lending Rate: 7.25 % period or other rate of interest I. Number of Tier: 2 as may be provided for in the J. Interest Rate: Agreement or which may Tier 1: 24 Months 6.85% = 6.85% otherwise determined by the Tier 2: 396 Months BLR + 1.25% = 8.50% Lender in writing. Total Interest RM358,552.00 B. Period: 420 Months D. Basis Year: 365 Days G. Exact Day: No L. Loan Disbursement: First Release: Unknown Final Release: 28 February 2001 A. Loan Principal Amount: RM170,000.00 MRTA: RM0.00 Legal Fee: RM0.00 Valuation Fee: RM0.00 Others: RM0.00 Total: RM170,000.00 What about Current Mortgage Analysis? >>> M. 1st Repayment Date: 31 March 2001 SMRPlan.com 22
  • 23. 4. Current Mortgage Information H. Repayment: RM1,080.00 K. Total Repayment: RM325,080.00 Repayment E. Current BLR: 6.60% F. Number of Tier Remaining: 1 G. Interest Rate: BLR + 1.25% = 7.85% D. Outstanding Balance: RM141,861.25 B. No. of Installments Paid: 148 Months Total Principal RM141,861.25 J. No. of Installments Extended Total Interest RM183,218.75 B. Period: 420 Months A. As at: 30 June 2013 Total Repayment Paid: RM183,112.00 Total Principal Paid: RM28,138.75 Total Interest Paid: RM154,973.25 SMR PLAN Case Study 5 29 Months C. Number of Installments Remaining: 272 Months I. Current Loan Tenure: 301 Months What¡¯s your problem? >>> SMRPlan.com 23
  • 24. 5. What¡¯s your PROBLEM? No Particular Original Current Problem 1 Tenure Remaining 272 Months 301 Months 29 Months 2 Total Repayment RM293,760.00 RM325,080.00 RM31,320.00 3 Total Interest RM151,898.75 RM183,218.75 RM31,320.00 What are the root causes? >>> SMR PLAN Case Study 5 SMRPlan.com 24
  • 25. 6. What are the ROOT CAUSES of your PROBLEM? Fluctuation of BLR Problem Current Loan Tenure 301 Months & Total Interest RM183,218.75 Root Causes Because No Additional SMR Schedule Fluctuation of BLR >>> SMR PLAN Case Study 5 SMRPlan.com 25
  • 27. SMR FORMULATION 1. SMR Target 2. SMR Methodology SMR PLAN Case Study 5 SMRPlan.com 27
  • 28. 1. SMR Target Package Save SMR75 Months 75% 226 Interest RM137,414.06 How to achieve it? >>> Repayment Total Principal RM141,861.25 B. No. of Installments Paid: 148 Months J. No. of Installments Extended Total Interest RM183,218.75 B. Period: 420 Months 29 Months Number of Installments Remaining: 272 Months Current Loan Tenure: 301 Months SMR PLAN Case Study 5 SMRPlan.com 28
  • 29. 2. SMR Methodology Package Save Months Interest SMR75 75% 226 RM137,414.06 Repayment Total Principal RM141,861.25 Save Total Principal 75% Time RM141,861.25 B. No. of Installments Paid: 148 Months Total Total Interest Interest RM183,218.75 RM45,804.69 & J. No. of Installments 75% Interest Extended With SMR Schedule >>> B. Period: 420 Months 29 Months Number of Installments Remaining: 272 Months Current Loan Tenure: 301 Months SMR PLAN Case Study 5 SMRPlan.com 29
  • 30. SMR SCHEDULE SMR PLAN Case Study 5 SMRPlan.com 30
  • 31. SMR SCHEDULE The different between BANK and SMR Schedule. No Particulars 1 Bank 2 SMR75 3 Savings Months Total Payment Interest Principal 301 RM325,080.00 RM183,218.75 RM141,861.25 68 RM185,291.09 RM43,429.84 RM141,861.25 233 RM139,788.91 77.41% 76.30% A SMR Schedule for SMR Implementation with effective from 1 August 2013. The Applicant is required to CONTROL the SMR Schedule by follow up, review and feedback at the ¡°Remarks¡± column. Graduated Payment Scheme >>> SMR PLAN Case Study 5 SMRPlan.com 31
  • 32. SMR SCHEDULE In SMR Schedule, the payments are GRADUATED EVERY MONTH to cut CIMB Bank Berhad Existing Instalment Home Xpress Loan (FIXED) 233 Months (77.41%) & MYR139,788.91 Interest (76.30%). 5000 4500 4000 3500 3000 2500 2000 1500 1000 500 0 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 How to IMPLEMENT? >>> SMR PLAN Case Study 5 SMRPlan.com 32
  • 33. SMR IMPLEMENTATION Effective 1st August 2013 SMR PLAN Case Study 5 SMRPlan.com 33
  • 34. Implementation The Applicant must promptly pay the exact monthly instalments repayment amount on the repayment due date strictly in accordance with the SMR Plan provided by the Company OR on the following three (3) working days from the repayment due date (Repayment Time Period¡±). The Applicant shall strictly adhere to the Repayment Time Period irrespective of whether monthly instalment repayment is made by way of CASH or by CHEQUE to Loan Account. More >>> SMR PLAN Case Study 5 SMRPlan.com 34
  • 35. Implementation The Outstanding Balance with the Lender shall not include incidental charges such as insurance premiums, penalty charges, late payment charges, administrative charges and legal fees. More >>> SMR PLAN Case Study 5 SMRPlan.com 35
  • 36. Implementation This SMR Plan shall automatically be terminated and null and void if the applicant by own action prematurely terminate the SMR Plan by: 1. 2. 3. 4. 5. 6. disposing off the Property or transferring the Property to any third party or refinancing the existing loan facility or early redeeming the loan facility with Lender or defaulting in the repayment of the monthly instalment loan facility or engaging in a situation or conduct which shall have the effect of rendering the Lender to recall or terminate the loan facility. How to MONITOR? >>> SMR PLAN Case Study 5 SMRPlan.com 36
  • 37. Additional SMR Plan Variation of Interest Rate (VIR) Please be informed that in the situation of Variation of Interest Rate (¡°VIR¡±) due to changes of ? Base Lending Rate (¡°BLR¡±) and/or ? Adjusted Interest Rate (¡°AIR¡±) by the Lender and/or ? application for Lower Interest Rate (¡°LIR¡±) by you, Central Bank Base Lending Rate Lender Lower Interest Rate Applicant Adjusted Interest Rate the Applicant is allowed to apply Additional SMR Plan. SMR PLAN Case Study 5 SMRPlan.com Q & A >>> 37
  • 38. Q&A Ok, now is the Q & A. ? Should you have any questions, please click ¡°Ask a Question¡± to Start Chat NOW and we are going to answer each question NOW. ? Should we are unable to answer your question(s) in this Webinar, we will answer it via Email. SMR PLAN Case Study 5 SMRPlan.com <<< Outline 38
  • 39. FREE GIFT Great News! In appreciation to your registration of this WEBINAR, you will be given up to a maximum of THREE (3) FREE SMR PLAN Analysis FREE GIFTS and you can claim it as follows: Please check your EMAIL to find out How To Claim Your FREE Gifts. 1 ? Social Network 2 ? Sign Up FREE Member 3 ? Prepare & SCAN Loan Documents 4 ? Upload Loan Documents 5 ? FREE SMR PLAN Analysis SMR PLAN Case Study 5 SMRPlan.com 39
  • 40. Conclusion 1. Firstly, THANK YOU for joining this SMR PLAN Case Study Webinar. 2. Secondly, please upload your FREE SMR PLAN Analysis Loan Documents ASAP or latest within 2 Weeks, failing which¡­ 3. Thirdly, I will FOLLOW UP you via email. 4. Fourthly, this FREE Gift is also opened to those who register and join REPLAY Webinar. 5. Lastly, hope you enjoy this Webinar and I will END this Webinar NOW! SMR PLAN Case Study 5 SMRPlan.com 40