Affin Home Extra Plus

If you need extra cash for major purchases or investments, you can consider availing of a home loan. This option allows you to borrow on top of your existing property loan. One of the benefits of this is flexibility - you can choose between a term loan or overdraft facility to suit your needs.

Compared to other credit facilities, home loans generally offer more affordable interest rates. In addition, the daily interest computation means you can save on overall interest costs. You can also enjoy savings on daily interest charged with excess payment on top of the monthly installment.

If you have made extra repayments, you can access a redraw facility. This gives you the flexibility to access any extra funds you have paid towards your loan.

When it comes to financing, MRTA/MRTT financing is available at a rate of 5% inclusive of MRTA and entry costs. MRTA is strongly recommended for comprehensive protection.

Speaking of protection, Affin Bank offer a wide range of coverage options to protect your property. These include Mortgage Reducing Term Assurance (MRTA), Mortgage Reducing Term Takaful (MRTT), Personal Accident (PA), Home Contents Insurance, Fire Insurance, Householder Insurance, Credit Level Term Assurance (CLTA)/Mortgage Level Term Takaful (MLTT).

Features

Loan Margin : Up to 90% (inclusive of existing mortgage loan outstanding)

Loan Tenure : Up to 35 years or the age of 70, whichever comes first.

Loan Amount : Minimum: RM20,000

Property Value : Minimum: RM200,000

Interest Rate : Standardised Base Rate (SBR) + 1.55% per annum


Redraw facility on excess payment can be conducted via www.affinonline.com for registered affinOnline users.

NOTE: Please be advised that the product mentioned above may change from time to time, as the market and industry evolve.

For further information, please call Affin Bank Contact Center Tel: +603 8230 2222, or visit the nearest Affin Bank / Affin Islamic Bank branch today.

undo Affin Bank Home Loan