PTPTN : SURAT PENGESAHAN PELEPASAN HUTANG PTPTN

Ini merupakan entry aku yang kedua berkaitan dgn PTPTN. Kali ni aku nk berkongsi dgn readers mengenai SURAT PENGESAHAN PELEPASAN HUTANG PTPTN. Aku nak berkongsi dengan readers sbb ramai diluar sana yang terlepas pandang mengenai kepentingan perkara ini. Tapi mungkin budaya kerja aku yang mementingkan hitam putih dalam banyak perkara terutamanya yang melibatkan wang ringgit, yang menyebabkan aku alert & vigilant terutamanya berurusan dengan PTPTN yang aku tgk ramai benor tak puas hati ntah kenapa. Btw, aku ader satu file khas utk document/resit PTPTN taw. Hurm..cenggitu skali aku kan..aku pun tak sangka detail nyer aku sampai begitu! Aku harap peminjam len pun wat cenggitu gak lah. Sekiranya telah memperolehi SURAT PENGESAHAN PELEPASAN HUTANG PTPTN, barulah BOLEH LEGA kerana telah DISAHKAN tidak mempunyai sebarang hutang/tunggakan dgn pihak PTPTN lagi.

First of all, 

Make sure dah bayar semua amount yang ternyata di dalam penyata online PTPTN sehingga BAKI KESELURUHAN PINJAMAN tertera RM0.00. Hurm, sure lega dan memanjatkan rasa syukur pada Allah SWT sbb dah bebas dari hutang kan..Alhamdulillah..Sesungguh nya Dia lah yang memudahkan & memungkinkan segalanya..

jeng..jeng..jeng..tapi tu lum lagi taw..hutang kire clear up once SURAT PENGESAHAN PELEPASAN HUTANG PTPTN was received okie!!

PTPTN : 1% Ujrah or 3% Conventional

Before I blogging further more about this issue, please note the post written here is my personal view and based on my understanding. To viewers, kindly do correct if I’m wrong and your opinions/comments are bigheartedly accepted.

PRELUDE

Just a glimpse, I believe many of us will agree that 1% is a better method. Yezza, 1% or 3% charges, so of coz we choose the fewer figures, which is 1%, rite? However after I had reviewed and analyze both methods, I found out and would like to share info that readers/applicants should take note before decide convert to 1% Ujrah or stick to 3% Conventional rate method. 

CONTENTS REVIEW
My review here is regarding calculation method, payback period and agreement contents.

1-CALCULATION METHOD

3% Conventional is based on REDUCING BALANCE (similar as home loan). Meaning the 3% is depends on your balance.  So, the fewer balance you have, the lesser you pay. In other means, if the balance still in bulk, you have to pay more. 3% calculation is based on formula below (which I print screen from PTPTN website) or may use the loan calculator as stipulated in the PTPTN website as well.

1% Ujrah is based on FLAT RATE (similar as hire purchase/car loan). Meaning the monthly amount you pay is the same figure (fixed) and if you skip the monthly payment, you will be imposed on penalty as stated in the agreement below.

1% calculation is based on formula below or may use the ujrah calculator.

Ujrah Chargers = Current Outstanding Balance x 1% a year x payback period

                              = RM28625 x 0.01 x 15 years 

                              = RM4293.75

Total Payment = RM28625 + RM4293.75

                               = RM32918.75 

Monthly payment = RM32918.75 / 180 months 

                                      = RM182.88

*Note : Current Outstanding Balance = loan principal amount + arrear amount

                                                                        = RM28000 + RM 625

                                                                           = RM28625

1% method is calculated based on the LATEST BALANCE (BAKI TERKINI) IN THE CURRENT YEAR (TAHUN SEMASA). So, it will include the arrear amount (the amount which borrowers didn’t pay for a few months or monthly payback amount is less than the figure stated in the schedule). That is why in the case above, the figures calculated is RM28625 not RM28000, even the loan principal is RM28000.