A Flexible Financial Plan To Owning Your Ideal Home
This housing loan package offers a combination of term loan and overdraft financing for financing / refinancing / subsale of completed or under construction residential properties with minimum property value of RM200,000.
The maximum overdraft portion is 50% of total financing amount for loan value less than RM500,000; and 70% of total financing amount for loan value on or above RM500,000.
The term loan portion of Affin Home Flexi Plus helps you:
- Save overall interest cost with DAILY computation of interest
- Payment in excess of loan instalment amount
- Redraw of excess payment
- Loan amount : Minimum RM100,000 with minimum overdraft facility of
- Property value : Minimum RM200,000
- Margin of Finance (MOF) : Up to 90%
- MRTA Financing : 5% (MRTA = Mortgage Reducing Term Assurance)
- Tenure : 45 years or up to the age of 75 years, whichever is earlier
- Retention : a) Applicable to settlements within 5 years from date of full disbursement
b) Penalty amount
- 5% of original loan amount if redeemed within 3 years
- 3% of original loan amount if redeemed after 3 years but within 5 years
- MRTA: We strongly encourage you to take MRTA to ensure that you
and your family are protected
Redraw facility on excess payment can be conducted via www.affinonline.com for registered affinOnline users.
Please click the following for more information on:
For further information, please call our Call Centre at 03-5522 3000, or visit the nearest AFFINBANK / AFFIN ISLAMIC branch today.