ASB Calculator v2
Written by Irwan on January 29, 2007 – 8:10 pmupdate: ASB Calculator V3 is now available
My last ASB calculator doesn’t calculate the bonus for ASB. In this new version, I implemented an extra algorithm to include the bonus. If you find any glitch or error, please let me know 
Posted in ASB, Calculators |
30 Comments to “ASB Calculator v2”
January 31st, 2007 at 5:17 am
This is cool
Thanks a lot
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January 31st, 2007 at 5:29 am
hope you’ll find it useful
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February 2nd, 2007 at 12:00 am
Irwan,
I think there’s a small mistake on your bonus calculation in which u use 13 months instead of 12. e.g. the bonus for the first year should be $200
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February 2nd, 2007 at 12:46 am
corrected.
would u recheck, Hafiz. Greatly appreciate it.
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February 6th, 2007 at 3:15 pm
[...] Update: Too tired of numbers? Use my simplify ASB calculator instead. [...]
February 23rd, 2007 at 3:45 pm
[...] Difference =$937.00 (2.435% increase in 10 years) Now it’s your turn. Grab this calculator and post what you got. Or you could just give the detail and I will calculate for you. [...]
March 20th, 2007 at 1:44 pm
why dont you calculate using the ‘islamic’ interest. the flat interest rate charged regardless the economic condition. it might be higher during the ‘good’ condition but the interest rate would remain the same during flactution course
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March 20th, 2007 at 2:01 pm
i dont even know there is islamic interest in asb. are you talking about general investment or specifically asb?
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May 20th, 2007 at 10:45 pm
hi irwan, i got lot of free time recently, so i have made some modification to your asb calculator. If you wish, i’ll send it to you.
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June 1st, 2007 at 12:50 am
no prob…. send to my email. irwan6179[at]yahoo.com. ill review it for you
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June 5th, 2007 at 11:20 am
Your calculator is impressive. Great work.
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July 3rd, 2007 at 6:46 pm
how to calculate dividend and bonus (end of that year) if we start ivestment a middle of the year … let say july 2007
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July 3rd, 2007 at 6:53 pm
izwan, did u recvd my e-mail?
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July 3rd, 2007 at 10:25 pm
Hi wan, i recheck my yahoo for your email, it haven’t opened yet, and it’s dated early jun. Sorry for that. Right now I’m reviewing your calculator. I will make a post about it when I’m ready. Thanks for your contribution.
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July 3rd, 2007 at 10:58 pm
[...] to M. Ridzuan’s time and neater Excel skill, he came out with some modifications to my current ASB calculator V2 and improved it here and there. Here are the new features of ASB Calculator [...]
July 19th, 2007 at 12:03 pm
main forex lagi best..untung byk 31%,halal…salleh
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July 23rd, 2007 at 12:11 am
i dont think forex is halal investment..
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December 18th, 2007 at 11:19 am
forex is not halal…. the risk is very high. and we clearly informed that forex will invest in gambling and so on…
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January 7th, 2008 at 8:00 am
Dear Irwan,
I took ASB loan after calculating whether I’ll loose or earn. Found out that I’ll earn ONLY if payment term is short. Eg: If you are ready to pay RM200 per month, look at the ASB loan chart and choose the shortest loan term (eg: 5 years for Maybank?) and look at the amount of $$ you should be loaning from the bank.
Maybank Yourself will be making money from your combined investment. Make sense?
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January 8th, 2008 at 9:06 am
Terima kasih di atas sumbangan saudara menyediakan ASB calculator. Ianya banyak membantu saya menyedarkan rakan-rakan yang masih terpengaruh mengambil pinjaman ASB yang sekian lama saya tentang.
Jika dah mampu bayar bank untuk pinjaman ASB mengapa tak potong gaji untuk simpanan ASB bukan? calculator saudara boleh diaplikasikan untuk lain-lain produk saham seperti koperasi dan Lembaga Tabung.
Terima kasih sekali lagi dan selamat maju jaya. Saya akan terus mengikuti blog saudara.
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March 7th, 2008 at 10:38 pm
my culculation
if u saving 115 per month
1 year = 1380
dividen = unknown because some of ur saving still not anough 1 year to entitle the dividen
ASB load 15k for 20 years
monthly payment 115
1years = 1380
dividen = around 1300
the trick here.. only few people sign agreement for 20 year and they pay until 20 year
but most of them only pay until 3 to 5 year only
that what i was been told by that bank officer
i was about to cancel that ASB loan also at that time and he told me about this story
people only care about the dividen.. if u willing to pay higher.. take bigget acct.. dont care 10 years or 20 years..
after 3 to 5 year just cancel the aggrement..
i take 20k 20k total 40k
why not sum of 40K
that officer told me.. if let say something happen.. u got problem with ur financial.. u can cancel 1 acct and just continue with 1 acct only.. =)
if u hav time.. think about it
correct me if i’m wrong Irwan.. dont know someone get into trouble just because of wat if hv post here.. want to share only.. thinking to topup my investment lsomeday.. khi3
i dont hv capital to invest in unit trust or something else.. at least i can invest with ASB..khi3
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March 8th, 2008 at 11:21 am
kalau tak complete loan payment tu, kita cuma dapat total amount yang kita dah bayar je kan?
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March 8th, 2008 at 1:36 pm
nope… tak semua.. kene tolak interest bank.. but still ok..campur dividen tahunan lagi..still masih berbaloi
kat bawah ni..culculation from my last acct
15k for 20years pay 115 monthly
when i cancel last month, i got rm2000 ( 2040.90 )
******************************************************************
month year dividen
7 - 12 2004 570
1 - 12 2005 1100
1 - 12 2006 1200
1 - 12 2007 1200
1 - 2 2008 ??
total dividen = 4070
my return = 4070 2000 = 6070
pay to bank for 44 month = 115 * 44 = 5060
clean cut 6070 - 5060 = 1010
******************************************************************
nampak kita baya interest tu banyak kan
aper boleh buat.. kita meminjam dgn bank.. that the cost we hv to pay
yes… u can saving monthly basis, but make sure discipline urself
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May 1st, 2008 at 9:32 pm
tapi i rasa.. kalau yer pon ada yg opt to buat monthly basis and how dicipline ur self is.. but dividen n bonus kalau simpan “dikit..dikit” tak la dpt full div n bonus kalau kita dump whole sum of yg kita pinjam.. i would say that package asb-maybank..is good, save time to keluar dan menyimpan and dpt full div n bonus.
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May 1st, 2008 at 9:39 pm
itu ler
saya mmg kearah mmbuat pinjaman, sebab takder capital nk start investment
skrang ni pun baru start invest dlm unit trust plak
doakn saya berjaya yer =)
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June 4th, 2008 at 12:54 am
oh ye..nasib baik saya jumpa web ni..terima kasih irwan…banyak yang berbicara tentang asb loan nih..ada yang kata rugi dan ada yang kata untung..kalau ikutkan banyak faedah ..rugi tetap ada..tapi nak untung kena disiplin bayar tiap-tiap bulan…sy pun tak banyak pengalaman ..baru mula 2 tahun lepas…
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June 12th, 2008 at 5:09 pm
option aku mudah aje.. loan dgn bank then for the first year spend ur own pocket money for installment then the rest spend ur dividend utk bayar installment..
for example:
loan RM30K for 20yrs
let say average of monthly payment is RM206
let say average dividen + bonus is 10%
option 1:
———
Pelaburan Asal + (Dividen & Bonus@10% ) x 20years = RM201825.00
Perbelanjaan Pelaburan from ur own pocket (206 x 12 x 20) = RM49440
Bersih = RM152385.00
Our margin from spending RM49440 from our own pocket to get the RM201825.00 after 20 years is 308.22%
option 2:
———
Pelaburan Asal + (Dividen & Bonus@10% - installment for 2nd year and subseq yers) X 20years = RM62713.20
Perbelanjaan Pelaburan from ur own pocket (206 x 12 x 20) = RM2472 (for the first year only)
Bersih = RM60241.20
Our margin from spending RM2472 from our own pocket to get the RM62713.20 after 20 years is 2436.94%
TO ME, I PREFER OPTION NUMBER 2, THEN TRY GET HIGHEST LOAN AMOUNT AS POSSIBLE.
OPTION 1 PENAT LA… BAIK KELUAR DUIT POKET SENDIRI SPEND UTK BENDA LAIN UTK INVESTMENT.. BELI GOLD KE BUAT SAVING…
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June 13th, 2008 at 7:50 am
Bagus idea tu, biar dividen +bonus yang bayar installment. Tapi semua bank ke bagi option tu? Which bank give the best interest rate right now?
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July 10th, 2008 at 11:34 pm
[...] Too tired of numbers? Use my simplify ASB calculator [...]
July 25th, 2008 at 3:35 pm
[...] Too tired of numbers? Or use the Excel simplified ASB calculator [...]