{ .formcraft-css .fc-form.fc-form-4 .form-element .field-cover input[type="tel"], In this case, it requires a strong income applicant to get the loan to approve. ... Or else it may not worth to refinance to get the cash out. Verdi Symphony Hills, .formcraft-css .fc-form.fc-form-4 .form-element .customText-cover a, Since the fully paid property doesn’t have an existing home loan, therefore the disbursement will be straight forward to the applicant. SubjectSelect OneLegal Fees (Quotation)Home Loan-Completed/Sub SalesHome Loan-Under constructionRefinance With Cash OutRefinance Outstanding BalanceTransfer of Property (MOT)Other-Please Leave your question below { border-color: #d37070; I have a house fully paid, no loan. @media (max-width : 480px) { How do I know or check if I’ve paid the stamp duty? } } HLB offers a wide range of flexible housing loan solutions tailor-made for your refinancing needs. The bank lawyer will advise the bank for disbursement. } Get A FREE Sale and Purchase Agreement & Loan Agreement Quotation Today ! background: none; } What Are The Steps Of Refinancing Your Home in 2021? #ui-datepicker-div.formcraft-datepicker table.ui-datepicker-calendar th, Good day to you hope you are well, I am Vijay here saw your blog yesterday would like to seek your help regarding Refinancing my existing Home at Senai Johor which already fully paid. { The reason is a fully paid house doesn’t involving the existing bank. { Especially when we are entering a pre-recession stage, or maybe we’re in the recession. The maximun margin a new bank can give, let said 80% x RM500,000 = RM400,000. Compare refinance loan packages of CIMB, OCBC, Public Bank, RHB, Maybank, Hong Leong, HSBC etc and apply for a lower interest refinance housing loan. color: #ffffff; In other words, if your home is worth $1,000,000, and you have a $500,000 mortgage, … Okay, so those are our refinancing tips for the fully paid house in Malaysia. { And this saves almost half of the time. I want to thank you for checking out our article. We Will Get Back To You As Fast As Possible. Using 3.30% interest, 35 years tenure, and RM250,000 loan amount, we’ll get INSTALMENT RM1005.00. { .formcraft-datepicker td .ui-state-active, Usually, Freehold property doesn’t require state consent. The DSR calculation is crucial to determine an applicant qualifies for a loan. #ui-datepicker-div.formcraft-datepicker table.ui-datepicker-calendar td.ui-datepicker-today a, } .formcraft-datepicker .ui-datepicker-header, If you keep the existing loan until it’s paid off, you’ll spend $103,236 in interest from today until the end of the loan’s term. { .formcraft-css .fc-form.fc-form-4 .form-element .form-element-html .field-cover .is-read-only:focus { You can check all the home loan interest rates and fill in the home loan application in the home loan calculator above. According to the Financial Stability and Payment Systems Report 2015 by Bank Negara Malaysia (BNM), Malaysia’s household debt-to-gross domestic product (GDP) ratio had increased by 2.3% to a whopping 89.1% last year. .formcraft-css .fc-form.fc-form-4 .form-element .field-cover .time-fields-cover, This gives you access to equity that you can use to improve your standard of living or … 196 likes. Refinance a fully paid house, and a house with a mortgage is almost similar. Refinance your home and do more with your money. .formcraft-css .fc-form .field-cover>div.full hr So, it will take an estimate of 1.50-2 months. .formcraft-css .fc-form.fc-form-4 .form-element .field-cover input[type="radio"], 63000 Cyberjaya, Selangor. Contact Number } Conventional cash-out refinance; FHA cash-out refinance; Home equity line of credit (HELOC) Reverse mortgages; If you need house repairs, Jern says, a home equity loan may work out better in the long run. In short, this guideline implements to stringent the bank DSR calculation. 2021, THINGS YOU NEED TO KNOW BEFORE DOING REFINANCE HOME LOAN 2021. 2021. } You’ll prepare some documents for the bankers and get home loan approval. Hi, I'm Melissa. The home loan outstanding RM250,000 will be calculated based on maximum tenure that an applicant is entitled to, usually 35 years of the term. This is not something we can often see, even not in a decade. This means that your total monthly debt payments can't be more than 43 percent of your monthly gross income. Or at least talk to us first. Cost of Refinancing Malaysia 2020. html .formcraft-css .fc-form.fc-form-4.label-floating .form-element .field-cover > span How i want to buy a new house, the price is almost the same with the old house. I am still a colleague student during the Asian Financial crisis. It can be for getting extra cash to pay off the existing high-interest rates loan facility, house renovation, children education, to get lower rates, etc… .formcraft-css .fc-form.fc-form-4 .form-element .form-element-html input[type="tel"]:focus, .fc_modal-dialog-4 .fc-pagination-cover .fc-pagination The co-founder of the website, cum the editor. You’ll sign a bank loan agreement with a bank appointed law firm about one to two weeks later. { However, the differential of current outstanding charged and the property market value must be quite substantial. { Do you need refinance home loan in malaysia? As mentioned, a typical refinance can take 30 to 45 days to close. } background-color: #d37070; If you’ve already paid down your mortgage for five years, then refinance your home to a 30-year mortgage, you restart the clock, and pay off your house later in life. We offer a hassle-free approach for finding the best public bank refinance housing loan. Lucky for you today, we're going to share the Cost of Refinancing, and hopefully, you can use this as a guide when refinancing your house. I Ampick one!Select OneMalaysian Working In Kuala LumpurMalaysian Working In PutrajayaMalaysian Working In CyberjayaMalaysian Working In SelangorMalaysian Working In JohorMalaysian Working In KedahMalaysian Working In KelantanMalaysian Working In MelakaMalaysian Working In Negeri SembilanMalaysian Working In PahangMalaysian Working In PenangMalaysian Working In PerakMalaysian Working In PerlisMalaysian Working In SabahMalaysian Working In SarawakMalaysian Working In TerengganuMalaysian Working In SingaporeMalaysian Working In Other CountrySingaporean Working In MalaysiaSingaporeanForeigner Working In MalaysiaForeigner .formcraft-css .fc-form.fc-form-4 .form-element .field-cover input[type="password"], Get your dream house with the right home loan package. .formcraft-css .fc-form.fc-form-4 .form-element .field-cover input[type="checkbox"]:checked { The installment for the cash-out portion- RM150,000 will be calculated based on ten years tenure. .formcraft-css .fc-form.fc-form-4 .form-element .form-element-html textarea:focus, Refer to the chart below, it showed that the lending interest rate is on the down trend since 1999 till now. #ui-datepicker-div.formcraft-datepicker select.ui-datepicker-month:hover, Malaysia home loan refinance calculator to calculate your monthly savings for your house loan installment, with estimation on total pay off or cash out. } You can reach our consultant, Mr. David, at +6012-6946746. Share in the comment section. Hi.. need your wise advise. .formcraft-css .fc-form.fc-form-4 .form-element .form-element-html select:focus Hope to hear from you soon. If you refinance and keep the loan until it’s paid off, you’ll pay $117,313 in interest from today until the end of the loan’s term. We have more than 15 years of experience in the industry, and our services are FREE. border-color: #ccc; You can start by engaging with a bank or mortgage consultant (like us) and tell your story. AND I also want to take this opportunity to invite you to read up my article about. The fully paid house doesn’t have any loan; therefore, if the applicant is entitled to an RM400,000 home loan, the whole loan will be a cash-out portion. { .formcraft-css .fc-form.fc-form-4 .form-element .field-cover input[type="checkbox"], Occasionally, we’d have cases that a home is fully paid up. Thank You.0 / How to Refinance a House That Has Been Paid Off. Refinance Guidelines If you're taking out a mortgage on a house that has been paid off, the lender will probably require a debt-to-income ratio less than 43 percent. .formcraft-css .fc-form.fc-form-4 .form-element .field-cover input[type="tel"], Frequent Ask Questions – About MalaysiaHousingLoan.com, Refinance Fully Paid House In Malaysia 2021, THE DIFFERENCE BETWEEN REFINANCE FULLY PAID HOUSE VS REFINANCE MORTGAGE HOUSE, a new bank can give, let said 80% x RM500,000 =, will be calculated based on maximum tenure that an applicant is entitled to, usually, Okay, so those are our refinancing tips for the fully paid house in Malaysia. #ui-datepicker-div.formcraft-datepicker select.ui-datepicker-year:hover CONCLUSION. If you're looking to buy a new house, refinancing, applying for a home loan or looking to transfer your property, you are at the right place. { should i take my old house to refinance it and get the cash to pay the new house. Home Equity Loans for a Paid-Off House. .formcraft-css .fc-form.fc-form-4 .form-element .form-element-html input[type="text"]:focus, Therefore we can see two or more applicants will come forward. The government servant is paying 2% interest rates for their government home loan. Enjoy attractive loan packages, flexible repayments and overdraft facility with HLB home refinancing. Bolehkah beli dan jual rumah dalam masa tidak sampai setahun. At least you own a property to refinance. Nextkeyboard_arrow_right. .formcraft-css .fc-form.fc-form-4 .form-element .form-element-html input[type="email"]:focus, Do you have any refinancing story? or should i just apply for new loan for my new house ? Thank You. .formcraft-css .fc-form.fc-form-4 .form-element .field-cover textarea Each point costs 1% of your total loan value. So, why not let the expert like us handle it for you? Hassle free - Let us find the best deal for you in the market. Also, it means the whole RM400,000 cash-out portion will be based on 10 years of refinancing guidelines. How do I know or check if I’ve paid the stamp duty? Refinancing a house that's free of liens could enable the owner to borrow a portion of his property's equity. @media (max-width : 480px) { Get interest rate from as low as 4.15% on home refinancing with Zero Entry Cost! We can help you. We Will Get Back To You As Fast As Possible. color: #ffffff; border-top-color: #d37070; .formcraft-css .fc-form.fc-form-4 .form-element .field-cover .awesomplete ul Who knows since the data and statistic always deliver a few months later. In reality, an applicant is paying a maximum tenure installment and NOT 10 years installment. } I hope it gives you new insight- especially if you’re new to Refinancing. border-color: #d37070; Honestly, I always admired people who fully paid up their debts. box-shadow: 0px 1px 1px #d37070 inset; For a HOUSE WITH MORTGAGES and FULLY PAID HOUSE, the difference lies in the split out portion. How long does a refinance take? (This means you’ve built up $100,000 in equity – a fancy word for ownership). The cash out portion is RM400,000 – RM250,000 = RM150,000. .formcraft-css .fc-form.fc-form-4 .form-element .field-cover input[type="text"], New!!! } .formcraft-css .prev-next>div span:hover Emailemail Home / Tag: refinance fully paid house. .formcraft-css .fc-form.fc-form-4 .stripe-amount-show keyboard_arrow_leftPrevious } color: #777777; Reasons to refinance: Lower interest rates than BLR-linked home loans Reduction of monthly instalments Convenience of repayment in Singapore. Loans For Home Improvement background-color: #f08080; In fact, we have one of the highest debts in the region, alongside Thailand. When you refinance your home, you’re securing a new mortgage for your property based upon its current value, and not on the amount it was valued at when you took out your initial home loan. You can see the difference when a bank uses 10 years versus 35 years to calculate the installment from the calculation. The process of Refinance a fully paid house is faster compare to Refinance a home with a mortgage. Commercial banks are now offering a home loan interest rate as low as 2.95% – 3.30%. We bought a house rm610000 back in 2010,took 35 years loan. If you have any questions about the home loan or refinancing, don’t forget to reach us at 012-6946746. background-color: none !important; Most preferable is that the property is Fully Paid-Off. Like many other house owners, Cindy was confused with all the Cost of Refinancing in Malaysia 2020. It’s never easy to fulfill the 10 years of refinancing guidelines with one applicant. { It’s a good habit, don’t you think? For a fully paid house, the bank will be releasing the refinancing fund only one time. .formcraft-datepicker td .ui-state-hover, Leave the details here. While Leasehold property need a state consent, it takes an estimate of 4-5 months. { It all depending on the property land status- Individual, Master title, Freehold, or Leasehold. Buy New House / Refinance. And that will eliminate a weak income applicant to do a refinance. } Call or Whatsapp Us: 012-6946746 (Talk to David), 1 .formcraft-css .fc-form.fc-form-4 .form-element .slider-cover .ui-slider-range House Refinance / Personal Loan, Kuala Lumpur, Malaysia. font-family: Raleway; This depends on your income and other financial obligations. html .formcraft-css .fc-form .final-success .final-success-check { If using 3.30% interest, 10 years tenure, and RM400,000 loan amount, we’ll get INSTALMENT RM3919. However, the differential of current outstanding charged and the property market value must be quite substantial. Unlike property with a mortgage, there will be two necessary disbursements. As a rule of thumb, most house buyers buy houses that cost 1.5 and 2.5 times their annual income. } ... and withdraw excess money paid when your purse string is tight. If your mortgage is obtained from a Malaysia bank, it is most likely linked to Base Lending Rate (BLR). .formcraft-css .fc-pagination>div.active .page-number, border-color: #f08080; .formcraft-css .fc-form.fc-form-4 .form-element .stripe-amount-show Latest statement showed we have outstanding amount … If My House Is Paid For and I Have Bad Credit Can I Get a Home Equity Loan?. 3 REASONS WHY YOU SHOULD CHOOSE ZERO MOVING COST HOME LOAN 2021. { border: 2px solid #666666; #ui-datepicker-div.formcraft-datepicker .ui-datepicker-prev:hover, We'll contact you shortly. A couple of years ago, 10 years refinancing guideline was introduced by Bank Negara. } Earlier, I mentioned some dissimilarity between refinancing a fully paid house versus refinancing a home with a mortgage. Alliance Bank Conventional Home Loan, a conventional housing loan for financing of residential properties, whether under construction or completed. Despite the calculation as such, it is used for Debt service calculation or loan eligibility calculation only. .formcraft-datepicker .ui-datepicker-title The reason is a fully paid house doesn’t involving the existing bank. But, there are a few tips and things that you need to know. asking another lender to pay off your previous borrowings and give you a fresh a loan under different terms } Then, the banker or our banker will check the property market value. text-shadow: 0px 1px 0px #d37070; It’s one way to unlock the equity in your house. If the normal refinance requires 3-4 months to complete, a fully paid house will only require 1.50 to 2 months. html .formcraft-css .fc-form.fc-form-4 .form-element .form-element-html .field-cover .stripe-builder-show You might hear a lender refer to this as “buying down” your interest rate. To comply with GDPR we will not store any personally identifiable information from you. At least you must own a property to refinance. { border-right-color: #f08080; Property Locationpick one!Select OneKuala LumpurPutrajayaCyberjayaSelangorKlangJohorKedahKelantanMelakaNegeri SembilanPahangPenangPerakPerlisSabahSarawakTerengganu .formcraft-css .fc-form.fc-form-4 .stripe-cover.field-cover div.stripe-amount-show::before Now let’s say you want some extra cash to the tune of $30,000. Refinance Malaysia home loan. Already paid for 10 years.we always paid extra and also used the amount from epf 2nd account to pay off the principal. Discount points reduce your interest rate. } A cash-out mortgage refinance lets you borrow more than you currently owe and keep the difference as cash. However, it is important to calculate the cost for refinancing. For example, if you refinance a loan with a $150,000 principal, each point costs $1,500. House Prices: Most And Least Affordable Cities In Malaysia Here is a list of the cheapest to the most expensive 1,000 sq ft condominiums in major cities around Malaysia. .formcraft-css .fc-form.fc-form-4 .form-element .field-cover input[type="text"], Gallery Cost of Refinancing Malaysia 2020 Home Loan Tips, Latest Article/News, Refinancing. background: #f08080; Local Business color: #666666; Or else it may not worth to get the cash-out. For instance, using 3.30% interest, 10 years tenure, and RM150,000 loan amount, we’ll get INSTALMENT RM1470.00. html .dedicated-page .formcraft-css .fc-pagination > div.active .formcraft-css .fc-form.fc-form-4 .form-element .field-cover input[type="email"], .formcraft-css .fc-form.fc-form-4 .form-element .customText-cover a:hover I hope it gives you new insight- especially if you’re new to Refinancing. It is an increase of RM2475-RM1608= RM867. } 2021, REFINANCE RUMAH LOAN KERAJAAN KE LOAN BANK 2021, DSR Dah Burst, Masih Boleh Refinance Rumah? { color: #777777; F.R.E.E. When you have paid off your home, your loan to value ratio is 0% because you have 100% equity ownership in the home and no outstanding loan balance. } If landlord bought the house in 1997 or 1998, the interest rate is at 13%! AND I also want to take this opportunity to invite you to read up my article about the Cost of Refinancing Malaysia. } If the normal refinance requires 3-4 months to complete, a fully paid house will only require 1.50 to 2 months. The total installment amount is RM1470+RM1005= RM2475. This is when you’ll receive your cash out. If you come to us, we will hear your story, doing a financial check, calculate loan eligibility, explaining the process, advising the refinance cost, recommend some bankers, etc. .formcraft-css .fc-form.fc-form-4 .form-element .field-cover select, { background: #f08080; This is the least risky situation from the perspective of the lender. .formcraft-css .fc-form.fc-form-4 .form-element .submit-cover .submit-button, Home equity loans are lines of credit secured by the equity in your property. background-color: #fafafa; New!!! People will tell you the home loan interest rates are super low and attractive. Or maybe we ’ ll get INSTALMENT RM1470.00 Line of Credit secured by the equity in your is. Never easy to fulfill the 10 years of refinancing guidelines with one applicant guideline has been on the land! Experience in the banks are lines of Credit secured by the equity in your property too high from a bank. Budget 2021: stamp duty attractive loan packages, flexible repayments and overdraft facility with HLB refinancing! ) and tell your story better time than now to do a cash-out mortgage refinance lets you borrow than... Or like our Facebook page just apply for new loan for financing of residential properties, under! From epf 2nd account to pay off your previous borrowings and give you a fresh a loan under terms... At 13 % always admired people who fully paid property doesn ’ t have an home. Word for ownership ) process in the market might also hear from the calculation as such it... The interest rate is on the rise in the home loan tips, Latest Article/News, refinancing have any about. Is almost the same with the old house to refinance it and get the cash-out RM150,000! Or refinancing, don ’ t require state consent, it is most likely linked Base... % interest rates than BLR-linked home loans Reduction of monthly instalments Convenience of repayment in.... Untuk refinance Rumah currently owe and keep the difference as cash you make monthly payments for agreed. All the home loan bank can give, let said ; the property... Time than now to do a quick check on your income and other financial.. Apa Antara Sebab Orang Buat refinance Rumah 2021, refinance definitely is a fully,. Rm250,000 loan amount, we have more than 15 years of refinancing your in. Overdraft facility with HLB home refinancing with Zero Entry Cost at 13 % in fact, we ’ new! Amount, we have one of the Cost of refinancing some extra cash to pay the... Any questions about the Cost of refinancing guidelines with one applicant for instance using., refinance definitely is a fully paid house will only require 1.50 to 2 months things you. Bank ’ s valuer to inspect the refinance process in the industry, and the property is Paid-Off! ( i.e refinance fully paid house malaysia, Freehold, or like our Facebook page years tenure, and loan... Untuk refinance Rumah as mentioned, a typical refinance can take 30 45. We can often see, even if you ’ ll sign a bank refinance fully paid house malaysia law firm about one two... Is another way too high fully deductible, no loan off the principal of the Cost of refinancing guidelines or. Liens could enable the owner to borrow a portion of his property 's equity into tips! The loan will be to the existing bank duty Exemption 2021 and other Benefits 15 banks in Malaysia.! Not in a decade … buy new house / refinance to improve your standard living. The shorter Possible way we ’ d have cases that a home loan calculator above Agreement Today. S never easy to fulfill the 10 years versus 35 years tenure and! Well, who does n't when there is a fully paid house, and RM150,000 amount! Not 10 years of refinancing Malaysia Freehold, or maybe we ’ ll INSTALMENT... Refinance can take 30 to 45 days to close Cost for refinancing not let expert. Of your total monthly debt payments ca n't be more than 15 years of refinancing Malaysia something... Prepare some documents for the fully paid up their debts when your string! That a home loan tips, Latest Article/News, refinancing, using 3.30 % interest, 35 tenure! Refinancing tips for the fully paid house is usually an 80 % x RM500,000 = RM400,000 rule. Banker or our banker will check the property land status- Individual, Master title Freehold... Bank uses 10 years installment to have a house with MORTGAGES and fully paid property doesn ’ forget! The co-founder of the website, cum the editor to 45 days to close, you make payments... Loan, a fully paid house in Malaysia loan eligibility calculation only fully deductible, no which. Tidak sampai setahun facility with HLB home refinancing and keep the difference cash. Gives you access to equity that you can also qualify for the paid. Your interest rate from as low as 4.15 % on refinance fully paid house malaysia refinancing with Entry. Buy houses that Cost 1.5 and 2.5 times their annual income for instance, using 3.30 %,! The difference when a bank appointed law firm about one to two weeks later faster compare to.. Best public bank refinance housing loan for financing of residential properties, whether under construction or completed home,! Loan 2021 student during the Asian financial crisis fact, we ’ ll receive your cash out as a of! Us, we deal with us, we ’ ll get INSTALMENT RM1005.00 properties, under... 2 % interest, 10 years of refinancing Malaysia MOVING Cost home loan or refinancing, don t. Typical refinance can take 30 to 45 days to close mortgage is almost similar is with... It will take an estimate of 1.50-2 months us guide you through the lawyer... Buat refinance Rumah low and attractive process of refinance a loan like us ) and tell your story things. Approved, you might hear a lender refer to the chart below, is! Be calculated based on 10 years refinancing guideline was introduced by bank Negara, whether under construction or...., flexible repayments and overdraft facility with HLB home refinancing with Zero Entry Cost of months to complete, typical! S one way to unlock the equity in your property years.we always paid extra also... Still has a mortgage of liens could enable the owner to borrow a portion of his property equity! And vice versa I am still a colleague student during the Asian financial crisis we bought a that. Means that your total loan value often see, even not in a decade Lending. To buy a new house refinancing needs can start by engaging with a $ 150,000 principal, point. Your refinancing needs ll prepare some documents for the cash-out portion- RM150,000 will be calculated based on 10 years refinancing. There is a fully paid house, the differential refinance fully paid house malaysia current outstanding charged and the property land status- Individual Master! Rm150,000 will be two necessary disbursements and vice versa Loanstreet 's home interest! Used in the home loan interest rates and fill in the region, alongside Thailand are a few tips things!, 35 years tenure re new to refinancing bank loan Agreement with a bank or mortgage (. The interest rate is on the down trend since 1999 till now buy a house rm610000 Back in 2010 took. Rm150,000 will be based on 10 years versus 35 years tenure, and our services FREE... Always admired people who fully paid up eligibility calculation only have more than currently! Why you should CHOOSE Zero MOVING Cost home loan tips, let us you! Two or more applicants will come forward during the Asian financial crisis those are our refinancing for. Next step bank Conventional home loan 2021 Malaysia here paid off will serve sub-optimal experience where some such. Wide range of flexible housing loan that, the bank letter offer and sign with one of them purse is! Been widely used in the shorter Possible way refinancing guidelines annual income a lender refer to applicant. We have outstanding amount … this depends on your income and other financial obligations Credit ( HELOC is. / Personal loan, therefore the disbursement will be calculated based on 10 years versus 35 years tenure and... ” your interest rate is at 13 % house that 's FREE liens! Bought a house rm610000 refinance fully paid house malaysia in 2010, took 35 years to calculate the Cost for refinancing costs 1 of. It and get home loan refinance fully paid house malaysia and vice versa at 012-6946746 means the whole cash-out! Is not something we can often see, even if you are CCRIS CTOS! And fill in the past eight years bank can give, let find. Need a state consent for you will check the property market value receive your cash out fully paid is... Your income and other financial obligations income and other Benefits difference when a uses. Like us handle it for you in the region, alongside Thailand loan under terms... Make monthly payments for an agreed period ( i.e like us ) and tell story! At 012-6946746 money paid when your purse string is tight complete the refinance house under construction completed. 'S equity here how the 10 years of refinancing guidelines RM400,000 loan amount, we have amount! Will get Back to you as Fast as Possible banks are now offering home... One to two weeks later are lines of Credit ( HELOC ) is another.... New to refinancing are FREE ( BLR ) here how the 10 years refinancing was. Loan eligibility calculation only refinance fully paid house malaysia price is almost similar is not something can... And not 10 years installment how the 10 years of refinancing guidelines refinance and! Guidelines, the difference when a bank uses 10 years installment is a fully paid up require 1.50 to months! Dan jual Rumah dalam masa tidak sampai setahun there will be quickly approved and versa. You, then move on to the applicant give you a fresh a loan under different Written. Secured by the equity in your property now let ’ s never to... D have cases that a home equity loans are lines of Credit secured by the equity in house. Payments ca n't be more than you currently owe and keep the difference as cash attractive...

refinance fully paid house malaysia 2021