smr plan case study 1
Post on 14-Jul-2015
370 Views
Preview:
TRANSCRIPT
Discover How SMR PLAN Helped Loan BorrowerProgressive Interest Term Loan
Cut 247 Months (50.10%) & RM242,161.75 Interest (50.66%)
• Event: Webinar• Language: English• Date: 22nd Oct 2013• Day: Tuesday
• Time: 10AM-11AM
• Venue: Online
• Fee: FOC
• Gift: Free SMR PLAN Analysis
1
SMR PLAN Case Study 1 1SMRPlan.com
OUTLINE
SMR PLAN Case Study 1 2SMRPlan.com
1. Introduction
2. SMR PLAN Process
3. Q & A
4. How To Claim Your Free SMR PLAN Analysis?
5. Conclusion
1
Introduction
SMR PLAN Case Study 1 3SMRPlan.com
Do you know “If YOU do not have an OUT-OF-DEBT PLAN,
rest assured YOUare under the influence of SOMEONE else’s INTO-DEBT PLAN”? By the end of this webinar >>>
INTO-DEBT PLAN
SMR PLAN Case Study 1 4SMRPlan.com
You will discover the PROBLEM of an INTO-DEBT PLAN as illustrated below.
In addition >>>
No Particular Original Current Problem
1Tenure Remaining
2Total Repayment
3Total Interest
360 Months 493 MonthsExtended
133 Months
RM633,240.00 RM867,187.00Additional
RM233,947.00
RM244,080.00 RM478,027.00Additional
RM233,947.00
OUT-OF-DEBT PLAN
SMR PLAN Case Study 1 5SMRPlan.com
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
493 RM867,187.00 RM478,027.00 RM389,160.00
246 RM625,025.25 RM235,865.25 RM389,160.00
247 RM242,161.75
50.10% 50.66%
SMR PLAN
SMR PLAN Case Study 1 6SMRPlan.com
Is an OUT-OF-DEBT PLAN an INTO-DEBT PLAN
which can help WORLD Loan
Borrowers To
GET OUT-OF-DEBT
SOLUTION for a PROBLEM of
FREE Gift >>>
FREE GIFT
SMR PLAN Case Study 1 7SMRPlan.com
Great News! In appreciation to those who shared Social Network, we will give up to THREE (3) FREE SMR PLAN Analysis FREE GIFTS as follows:
No Social Network FREE SMR PLAN Analysis Value
1 Twitter ONE (1) USD60
2 Facebook ONE (1) USD60
3 Google+ ONE (1) USD60
Total: USD180.00
ACT NOW and please STAY BACK with us for the next 1 hour to find out how to claim your FREE Gifts. Ask a Question >>>
Ask a Question
SMR PLAN Case Study 1 8SMRPlan.com
• Should you have anyquestion, please click“Ask a Question” toStart Chat ANYTIMEduring the webinar andwe shall answer eachquestion at the end ofthis Webinar.
• Should we are unable toanswer your question(s)in this Webinar, we willanswer it via Email. <<< Outline
Analysis Application Agreement
PaymentDocuments & Information
SMR Plan
ImplementationAdditional
SMR Plan
In this Case Study, we will show you how SMR PLAN Process helped
Loan Borrower Cut CIMB Bank Progressive Interest Term Loan 247
Months (50.10%) & MYR242,161.75 Interest (50.66%).
SMR PLAN Case Study 1 9SMRPlan.com
SMR PLAN Process
Let us share with
step by step.
ANALYSIS
SMR PLAN Seminar
1. Date: 3rd April 2013
2. Day: Wednesday
3. Time: 2PM-5PM
4. Language: English
5. Session: SPS-MY-EN-1
6. Venue: SUPEX Training Centre Kuala Lumpur
Documents Brought
1. Letter of Offer: 30th July 2009
2. Date of First Payment: No
3. Latest Bank Statement as at: 17th March 2013
SMR PLAN Case Study 1 10SMRPlan.com
SMR Analysis >>>
SMR ANALYSIS
No 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)
RM389,160.00
360 Months
0 Months
360 Months
RM389,160.00
6.60%
BLR – 2.00% 4.60%
RM1,759.00
493 Months
Extended 133 Months
RM867,187.00
RM478,027.00
SMR PLAN Case Study 1 11SMRPlan.comSMR Formulation >>>
SMR FORMULATION
Package Save Time Interest Fee Charge Rental / Cash Return
SMR25 25%
SMR50 50%
SMR75 75%
124Months
247Months
370Months
RM119,506.75
RM239,013.50
RM358,520.25
1%
1.5%
2%
RM3,691.60
RM5,837.40
RM7,783.20
RM1,759.00
RM218,116.00
RM434,473.00
RM650,083.00
The applicant selected SMR50 package to cut 50% Time & 50% Interest.
SMR PLAN Case Study 1 12SMRPlan.com
<<< SMR PLAN Process
APPLICATION
Sign Up SMRPlan.com FREE Member
Submit Application
For SMR Plan
Acknowledge Receipt of
Application
29th March 2013
10th April 201311th April 2013
SMR PLAN Case Study 1 13SMRPlan.com
<<< SMR PLAN Process
AGREEMENT
Approval Execution
12th April 2013 12th April 2013
SMR PLAN Case Study 1 14SMRPlan.com
<<< SMR PLAN Process
PAYMENT
12th April 2013
SMR PLAN Fee
Service Tax
Total
SMR PLAN Case Study 1 15SMRPlan.com
<<< SMR PLAN Process
DOCUMENTS ANDINFORMATION
Prepare
Inquiry
Received
Commence Early Installment
Letter
18th April 2013
18th April 2013
25th April 2013
29th April 2013
SMR PLAN Case Study 1 16SMRPlan.com
<<< SMR PLAN Process
SMR PLAN
SMR
ANALYSIS
SMR FORMULATION
SMR
SCHEDULE
SMR IMPLEMENTATION
13th May 2013
Effective1st June 2013
SMR PLAN Case Study 1 17SMRPlan.com
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 1 18SMRPlan.com
1. Property Information
1. Date of Sales & Purchase Agreement: 06 July 2009
2. Property: Service Apartment
3. Housing Scheme: Under Construction Unit
4. Purchase Price: RM432,400.00
5. Down Payment: RM43,240.00
SMR PLAN Case Study 1 19SMRPlan.com
2. LENDER Information
1. Banking Institutions: Commercial Bank
2. Lender: CIMB Bank Berhad
SMR PLAN Case Study 1 20SMRPlan.com
3. Original Mortgage Information
1. Loan Status: Progressive Interest
2. Loan Type: Term Loan
3. Date of Letter Offer: 30 July 2009
4. Date of Loan Agreement: 17 August 2009
5. Standing Instruction / Auto Debit: N/A
SMR PLAN Case Study 1 21SMRPlan.com
In-depth Analysis >>>
3. Original Mortgage Information
A. Loan Principal
Amount: RM389,160.00
MRTA: RM0.00
Legal Fee: RM0.00
Valuation Fee: RM0.00
Others: RM0.00
Total: RM389,160.00
C. Mortgage Type: Adjustable Rates Mortgage
Re
pay
me
nt
B. Period: 360 Months
D. Basis Year: 365 Days
G. Exact Day: Yes
E. Compounded Interest: Daily
F. Payment Frequency:
Monthly
H. Base Lending Rate: 5.55%
I. Number of Tier: 1
J. Interest Rate:
Tier 1: BLR – 2.00% = 3.55%
K. Repayment :
Tier 1: RM1,759.00
(The first instalment
shall commence one (1)
month after the full
disbursement of the
Term Loan or such other
time which the Bank
may specify from time to
time at its sole and
absolute discretion.)
L. Loan Disbursement:
First Release: 26 August 2009
Final Release: 20 September 2012
Total Disbursement: RM378,350.00
Pending Disbursement: RM10,810.00
M. 1st Repayment Date: Not yet commence
N. Total
Repayment:
RM633,240.00
Total Interest
RM244,080.00
Total Principal
RM389,160.00
SMR PLAN Case Study 1 22SMRPlan.com
What about Current Mortgage Analysis? >>>
4. Current Mortgage Information
B. No. of Installments
Paid: 0 Months
C. Number of Installments Remaining: 360 Months
D. Outstanding Balance: RM389,160.00
E. Current BLR: 6.60%
J. No. of Installments
Extended
Rep
aym
ent
Original Tenure: 360 Months 133 Months
A. As at: 17 March 2013
F. Number of Tier Remaining: 1
G. Interest Rate: BLR – 2.00% = 4.60%
H. Repayment:
RM1,759.00
I. Current Loan Tenure:
493 Months
K. Total
Repayment:
RM867,187.00 Total Interest
RM478,027.00
Total Principal
RM389,160.00
Progressive Interest
SMR PLAN Case Study 1 23SMRPlan.com
What’s your problem? >>>
5. What’s your PROBLEM?
No Particular Original Current Problem
1Tenure Remaining
2Total Repayment
3Total Interest
360 Months 493 MonthsExtended
133 Months
RM633,240.00 RM867,187.00Additional
RM233,947.00
RM244,080.00 RM478,027.00Additional
RM233,947.00
SMR PLAN Case Study 1 24SMRPlan.com
What are the root causes? >>>
6. What are the ROOT CAUSES of your PROBLEM?
Current Loan Tenure
493 Months&
Total InterestRM478,027.00
Problem
Root
Causes
Pending
Disbursement
RM10,810.00
Fluctuation of BLR
Which has affected 1st
Repayment Date not yet commence
No Personalized Amortization
Schedule given by the Lender for
Control
Mar 2009 5.55%
Mar 2010 5.80%
May 2010
6.05%
Jul 2010 6.30%
May 2011
6.60%
SMR PLAN Case Study 1 25SMRPlan.com
What should you do next? >>>
1. SMR Target
B. No. of Installments
Paid: 0 Months
Number of Installments Remaining: 360 Months
J. No. of Installments
Extended
Rep
aym
ent
Original Tenure: 360 Months 133 Months
Current Loan Tenure: 493 Months
Total Interest
RM478,027.00
Total Principal
RM389,160.00
Package Save Months Interest
SMR50 50% 247 RM239,013.50
SMR PLAN Case Study 1 27SMRPlan.com
How to achieve? >>>
2. SMR Methodology
B. No. of Installments
Paid: 0 Months
J. No. of Installments
Extended
Rep
aym
ent
Original Tenure: 360 Months 133 Months
Total Interest
RM478,027.00
Total Principal
RM315,526.40
Total Interest
RM239,013.50
Total Principal
RM389,160.00Save
50% Time
&
50% Interest
With
SMR Schedule
>>>
Number of Installments Remaining: 360 Months
Current Loan Tenure: 493 Months
Package Save Months Interest
SMR50 50% 247 RM239,013.50
SMR PLAN Case Study 1 28SMRPlan.com
SMR SCHEDULE
No Particulars MonthsTotal
Payment Interest Principal
1 Bank
2 SMR50
3 Savings
A SMR Schedule for SMR Implementation with effective from 1 June 2013.
493 RM867,187.00 RM478,027.00 RM389,160.00
246 RM625,025.25 RM235,865.25 RM389,160.00
247 RM242,161.75
50.10% 50.66%
The Applicant is required to CONTROL the SMR Schedule by follow
up, review and feedback at the “Remarks” column.
SMR PLAN Case Study 1 30SMRPlan.com
The different between BANK and SMR Schedule.
Graduated Payment Scheme >>>
SMR SCHEDULE
In SMR Schedule, the payments are GRADUATED EVERY MONTH
to cut your Progressive Interest Term Loan 247 Months (50.10%) &
RM242,161.75 Interest (50.66%).
-
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 1
14
27
40
53
66
79
92
10
5
11
8
13
1
14
4
15
7
17
0
18
3
19
6
20
9
22
2
23
5
SMR PLAN Case Study 1 31SMRPlan.com
How to IMPLEMENT? >>>
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.
SMR PLAN Case Study 1 33SMRPlan.com
More >>>
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.
SMR PLAN Case Study 1 34SMRPlan.com
More >>>
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.
SMR PLAN Case Study 1 35SMRPlan.com
How to MONITOR? >>>
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 1 36SMRPlan.comQ & A >>>
Q & A
SMR PLAN Case Study 1 37SMRPlan.com
Ok, now is the Q & A.
• Should you have anyquestions, please click“Ask a Question” toStart Chat NOW and weare going to answereach question NOW.
• Should we are unable toanswer your question(s)in this Webinar, we willanswer it via Email.
<<< Outline
How To CLAIM FREE SMR PLAN Analysis?
SMR PLAN Case Study 1 38SMRPlan.com
1 • Social Network
2 • Sign Up FREE Member
3 • Prepare & SCAN Loan Documents
4 • Upload Loan Documents
5 • FREE SMR PLAN Analysis
Social Network
SMR PLAN Case Study 1 39SMRPlan.com
Step 1, please click Twitter, Facebook and Google+ at share this Webinar at your Social Network. You are entitled to a to maximum THREE (3) FREE SMR PLAN Analysis for this Webinar.
No Social Network FREE SMR PLAN Analysis Value
1 Twitter ONE (1) USD60
2 Facebook ONE (1) USD60
3 Google+ ONE (1) USD60
Total: USD180.00If you have NOT shared it, please ACT NOW!
Step 2 >>>
Sign Up FREE Member
SMR PLAN Case Study 1 40SMRPlan.com
Step 2, please Sign Up FREE Member at www.SMRPlan.com (ONLY for those who have NOT signed up).
Please be informed that you are required to enter your Social Network Information.
Step 3 >>>
Prepare & SCAN Loan Documents
SMR PLAN Case Study 1 41SMRPlan.com
Step 3, please PREPARE & SCAN Loan Documents as below.
Step 4 >>>
NEW Home Loan
1. Letter of Offer
EXISTING Home Loan
1. Letter of Offer
2. Date of First Instalment Letter
3. Latest Bank Statement
Upload Loan Documents
SMR PLAN Case Study 1 42SMRPlan.com
Step 4, please UPLOAD your Loan Documents to our Helpdesk.
Continue Step 4 >>>
Upload Loan Documents
SMR PLAN Case Study 1 43SMRPlan.com
Step 5 >>>
Step 4, please UPLOAD your Loan Documents to our Helpdesk.
FREE SMR PLAN Analysis
SMR PLAN Case Study 1 44SMRPlan.com
Conclusion >>>
Step 5, we will assign a SMR PLAN Consultant to contact you either via SMS, Phone, Email, Helpdesk, Hangout, Skype, Appointment, or Seminar etc.
FREE SMR PLAN Analysis
Conclusion
SMR PLAN Case Study 1 45SMRPlan.com
1. Firstly, THANK YOU for joining thisSMR PLAN Case Study Webinar.
2. Secondly, please upload your FREESMR PLAN Analysis LoanDocuments ASAP or latest within 2Weeks, failing which…
3. Thirdly, I will FOLLOW UP you viaemail.
4. Fourthly, this FREE Gift is alsoopened to those who register andjoin REPLAY Webinar.
5. Lastly, hope you enjoy this Webinarand I will END this Webinar NOW!
top related