SMR PLAN Case Study 2

SMRPlan.com 1SMR PLAN Case Study 2

Discover How SMR PLAN Helped Loan BorrowerExisting Instalment

Housing Loan (Home Plan 10 Homesave) Cut 158 Months (53.38%)

& MYR106,659.77 Interest (50.11%)• Event: Webinar• Language: English• Date: 29th Oct 2013• Day ： Tuesday

• Time: 10AM-11AM• Venue: Online• Fee: FOC• Gift: Free SMR PLAN Analysis

2

SMRPlan.com 2

OUTLINE

SMR PLAN Case Study 2

1. Introduction

2. SMR PLAN Process

3. Q & A

4. FREE GIFT

5. Conclusion

2

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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”? By the end of this webinar >>>

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INTO-DEBT PLAN


You will discover the PROBLEM of an INTO-DEBT PLAN as illustrated below.

In addition >>>

No Particular Original Current Problem

1 Tenure Remaining

2 Total Repayment

3 Total Interest

254 Months 296 MonthsExtended 42 Months

RM453,390.00 RM528,360.00Additional

RM74,970.00


RM74,970.00

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OUT-OF-DEBT PLAN


You will also discover the SOLUTION of an OUT-OF-DEBT PLAN as illustrated below.

Good News >>>

No Particulars MonthsTotal

Payment Interest Principal

1 Bank

2 SMR50

3 Savings

296 RM528,360.00 RM212,833.60 RM315,526.40

138 RM421,700.23 RM106,173.83 RM315,526.40

158 RM106,659.77

53.38% 50.11%

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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 >>>

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FREE GIFT

SMR PLAN Case Study 2Ask a Question >>>

1 • Social Network

2 • Sign Up FREE Member

3 • Prepare & SCAN Loan Documents

4 • Upload Loan Documents

5 • FREE SMR PLAN Analysis

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.

SMRPlan.com 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. <<< Outline

SMRPlan.com 9

Analysis Application Agreement

PaymentDocuments & InformationSMR Plan

ImplementationAdditionalSMR Plan

In this Case Study, we will show you how SMR PLAN Process helped Loan Borrower Cut Public Existing Instalment Housing Loan (Home Plan 10 Homesave) 158 Months (53.38%) & MYR106,659.77 Interest (50.11%).


SMR PLAN Process

Let us share with step by step.

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ANALYSIS

Documents

1. Letter of Offer: 19th April 2010

2. Date of First Payment: 12th August 2010

3. Latest Bank Statement as at: 15th May 2013


SMR Analysis >>>

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SMR ANALYSISNo Particular Total

AOriginal

Loan Amount

B Tenure

C Number of Instalments Paid

D Number of Instalments Remaining (B – C)

E Outstanding Balance

F Current Base Lending Rate

G Interest Rate

H Monthly Repayment

I Current Loan Tenure

J Number of Instalment Adjusted (I – D)

K Total Repayment (H x I)

L Total Interest (K – E)

RM337,000.00

288 Months

34 Months

254 Months

RM315,526.40

6.60%

BLR – 2.00% 4.60%

RM1,785.00

296 Months

Extended 42 Months

RM528,360.00

RM212,833.60

SMR PLAN Case Study 2SMR Formulation >>>

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SMR FORMULATION

Package Save Time Interest Fee Charge Rental / Cash Return

SMR25 25%

SMR50 50%

SMR75 75%

74Months

148Months

222Months

RM53,208.40

RM106,416.80

RM159,625.20

1%

1.5%

2%

RM3,155.26

RM4,732.89

RM6,310.52

RM1,785.00

RM132,090.00

RM264,180.00

RM396,270.00

The applicant selected SMR50 package to cut 50% Time & 50% Interest.


<<< SMR PLAN Process

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APPLICATION

Sign Up SMRPlan.com FREE Member

Submit Application

For SMR Plan

Acknowledge Receipt of

Application

3rd April 2013

22nd March 201325th March 2013



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AGREEMENT

Approval Execution

10th April 2013 1st May 2013



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PAYMENT

1st May 2013

SMR PLAN Fee

Service Tax

Total



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DOCUMENTS ANDINFORMATION

Prepared

InquiryReceived

3rd May 2013

9th May 201315th May 2013



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SMR PLAN

SMRANALYSIS

SMR FORMULATION

SMRSCHEDULE

SMR IMPLEMENTATION

13th May 2013

Effective12th June 2013


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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?


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1. Property Information

1. Date of Sales & Purchase Agreement: Unknown

2. Property: Double Storey Terrace House (Corner Lot)

3. Housing Scheme: Existing Stock Unit

4. Purchase Price: RM375,000.00

5. Down Payment: RM75,000.00


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2. LENDER Information

1. Banking Institutions: Commercial Bank

2. Lender: Public Bank Berhad


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3. Original Mortgage Information

1. Loan Status: Existing Instalment

2. Loan Type: Housing Loan (Home Plan 10 Homesave)

3. Date of Letter Offer: 19 April 2010

4. Date of Loan Agreement: Unknown

5. Standing Instruction / Auto Debit: Yes


In-depth Analysis >>>

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3. Original Mortgage Information

A. Loan PrincipalAmount: RM337,000.00MRTA: RM0.00Legal Fee: RM0.00Valuation Fee: RM0.00Others: RM0.00Total: RM337,000.00

C. Mortgage Type: Adjustable Rates Mortgage

Repa

ymen

t

B. Period: 288 Months

D. Basis Year: 365 Days

G. Exact Day: Yes

E. Compounded Interest: Daily

F. Payment Frequency: Monthly

H. Base Lending Rate: 5.80%

I. Number of Tier: 1

J. Interest Rate: Tier 1: BLR – 2.00% = 3.80% (The effective date of the first year interest rate is to commence three (3) months from the date of letter or first drawdown, whichever is higher.)

K. Repayment : Tier 1: RM1,785.00(The first instalment is to commence from one month after the initial release of loan.)

L. Loan Disbursement:First Release: 12 July 2010Final Release: 20 Aug 2010

M. 1st Repayment Date: 12 Aug 2010

N. Total Repayment: RM514,080.00

Total InterestRM177,080.00

Total PrincipalRM337,000.00


What about Current Mortgage Analysis? >>>

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4. Current Mortgage Information

SMR PLAN Case Study 2What’s your problem? >>>

B. No. of Installments

Paid: 34 Months

C. Number of Installments Remaining: 254 Months

D. Outstanding Balance: RM 315,526.40

E. Current BLR: 6.60%

J. No. of Installments

Extended

Repa

ymen

t

Original Tenure: 288 Months 42 Months

A. As at: 15 May 2013

F. Number of Tier Remaining: 1G. Interest Rate: BLR – 2.00% = 4.60%

H. Repayment:RM1,785.00

I. Current Loan Tenure: 296 Months

K. Total Repayment:RM 528,360.00 Total Interest

RM212,833.60


Total Repayment Paid:RM60,690.00

Total Principal Paid:RM21,473.60

Total Interest Paid:RM39,216.40

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5. What’s your PROBLEM?


What are the root causes? >>>

No Particular Original Current Problem

1 Tenure Remaining

2 Total Repayment

3 Total Interest

254 Months 296 MonthsExtended 42 Months


RM74,970.00


RM74,970.00

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6. What are the ROOT CAUSES of your PROBLEM?


How MUCH Outstanding Balance Increased? >>>

Current Loan Tenure

296 Months&


Problem

Root Causes

Outstanding Balance

Increased

Fluctuationof

BLR

Other Fees Added

Because No SMR Schedule

BecauseNo

Additional SMR

Schedule

Fire Insurance

Late Charges

MiscellaneousCharges Because

No SMR Schedule

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How MUCH Outstanding Balance Increased?


Fluctuation of BLR >>>

No Particulars Bank Statement SMR Schedule Remarks

1 As at 15 May 2013 12 May 2013

2 Outstanding Balance RM315,526.40 RM311,274.31

IncreasedRM4,252.09

Outstanding Balance

Increased RM4,252.09

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Fluctuation of BLR


What should you do next? >>>

Mar 2010

5.80%

May 2010 6.05%

Jul 2010 6.30%

May 2011

6.60%

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SMR FORMULATION

1. SMR Target

2. SMR Methodology


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1. SMR Target



Paid: 34 Months

Number of Installments Remaining: 254 Months


Extended

Repa

ymen

t


Current Loan Tenure: 296 Months



Package Save Months Interest

SMR50 50% 148 RM106,833.80

How to achieve it? >>>

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2. SMR Methodology



Paid: 34 Months


Extended

Repa

ymen

t




Package Save Months Interest

SMR50 50% 148 RM106,833.80



Save 50% Time

&50% Interest

With SMR Schedule

>>>

Number of Installments Remaining: 254 Months

Current Loan Tenure: 296 Months

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SMR SCHEDULE


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SMR SCHEDULE

A SMR Schedule for SMR Implementation with effective from 12 June 2013.

The Applicant is required to CONTROL the SMR Schedule by follow up, review and feedback at the “Remarks” column.


The different between BANK and SMR Schedule.

Graduated Payment Scheme >>>

No Particulars MonthsTotal

Payment Interest Principal

1 Bank

2 SMR50

3 Savings

296 RM528,360.00 RM212,833.60 RM315,526.40

138 RM421,700.23 RM106,173.83 RM315,526.40

158 RM106,659.77

53.38% 50.11%

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SMR SCHEDULEIn SMR Schedule, the payments are GRADUATED EVERY MONTH to cut your Existing Installment Housing Loan (Home Plan 10 Homesave) 158 Months (53.38%) & MYR106,659.77 Interest (50.11%).


How to IMPLEMENT? >>>

1 9 17 25 33 41 49 57 65 73 81 89 97 105113121129137 -

500.00 1,000.00 1,500.00 2,000.00 2,500.00 3,000.00 3,500.00 4,000.00 4,500.00 5,000.00

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SMR IMPLEMENTATION


Effective12th June 2013

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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 >>>

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Implementation

The Outstanding Balance with the Lender shall not include incidental charges such as insurance premiums, penalty charges, late payment charges, monthly administrative charges and legal fees.


More >>>

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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. disposing off the Property or 2. transferring the Property to any third party or 3. refinancing the existing loan facility or 4. early redeeming the loan facility with Lender or 5. defaulting in the repayment of the monthly instalment loan facility

or 6. 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? >>>

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Additional SMR Plan

Applicant

Lender

Central Bank

Base Lending Rate

Adjusted Interest Rate

Lower Interest Rate

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,

the Applicant is allowed to apply Additional SMR Plan.

SMR PLAN Case Study 2Q & A >>>

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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.

<<< Outline

SMRPlan.com 40

FREE GIFT


1 • Social Network

2 • Sign Up FREE Member

3 • Prepare & SCAN Loan Documents

4 • Upload Loan Documents

5 • FREE SMR PLAN Analysis

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.

SMRPlan.com 41

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!

Economy & Finance

SMR PLAN Case Study 2