Affin Home Flexi Plus

This home loan package offers a combination of term loan and overdraft financing for financing / refinancing / sub-sale 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.
Benefits

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

Terms & Conditions

• Loan amount : Minimum RM100,000 with minimum overdraft facility of RM50,000.

• Property value : Minimum RM200,000

• Margin of Finance (MOF) : Up to 90%

• MRTA Financing : 5% (MRTA = Mortgage Reducing Term Assurance)

• Tenure : 35 years or up to the age of 70 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: It is 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.

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.

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