Home Loan Finance Entry Cost (FEC)| Details |
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The
main feature of FEC is that all costs incurred on loan documentation
are capitalised into borrower's loan account. The costs incurred are
legal fees, stamp duty, legal disbursement and valuation report (where
required).
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| COMPLETED PROPERTIES (Without MRTA) - minimum loan amount RM100,000 |
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Loan amount up to RM300,000:
| Year |
Conventional/i-Wish |
SaveLink HL |
Non-ZEC/FEC
(% p.a.) |
ZEC
(% p.a.) |
Non-ZEC/FEC
(% p.a.) |
ZEC
(% p.a.) |
| 1st - 2nd |
BLR - 2.30% |
BLR - 1.60% |
BLR - 2.20% |
BLR - 1.50% |
| 3rd - 5th |
BLR - 2.05% |
BLR - 1.60% |
BLR - 2.00% |
BLR - 1.50% |
| Thereafter |
BLR - 2.05% |
BLR - 2.05% |
BLR - 2.00% |
BLR - 2.00% |
Exclusive packages available for financing amount above RM300,000.
Additional terms to the above
- 'With MRTA' pricing: No pricing differentiation.
- OD facility: Max MOF 50% @ BLR + 0% p.a.
- Lock-in Period/Penalty comprises two categories per the following schedule:
| Packages |
Lock-in period
(from 1st disbursement) |
Penalty % on
original loan |
Min. loan amount
(RM) |
| NON-ZEC/FEC |
5 years |
First 3 years: 3%
4th - 5th year: 2% |
100,000 |
| ZEC |
5 years |
3% |
150,000 |
All other terms and conditions per the prevailing Mortgage Loans Credit Policy, as updated from time-to-time.
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| UNDER CONSTRUCTION PROPERTIES (Without MRTA) - minimum loan amount RM100,000 |
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Loan amount up to RM300,000:
| Year |
Conventional/i-Wish |
SaveLink HL |
Non-ZEC/FEC
(% p.a.) |
ZEC
(% p.a.) |
Non-ZEC/FEC
(% p.a.) |
ZEC
(% p.a.) |
| 1st - 2nd |
BLR - 2.30% |
BLR - 1.40% |
BLR - 2.20% |
BLR - 1.30% |
| 3rd - 5th |
BLR - 1.85% |
BLR - 1.40% |
BLR - 1.80% |
BLR - 1.30% |
| Thereafter |
BLR - 2.05% |
BLR - 2.05% |
BLR - 2.00% |
BLR - 2.00% |
Exclusive packages available for financing amount above RM300,000.
Additional terms to the above
- 'With MRTA' pricing: No pricing differentiation.
- OD facility: Max MOF 50% @ BLR + 0% p.a.
- Lock-in Period/Penalty comprises two categories per the following schedule:
| Packages |
Lock-in period
(from 1st disbursement) |
Penalty % on
original loan |
Min. loan amount
(RM) |
| NON-ZEC/FEC |
5 years |
First 3 years: 3%
4th - 5th year: 2% |
100,000 |
| ZEC |
5 years |
3% |
150,000 |
All other terms and conditions per the prevailing Mortgage Loans Credit Policy, as updated from time-to-time.
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| COMPLETED PROPERTIES & UNDER CONSTRUCTION PROPERTIES (Without MRTA) - minimum loan amount not exceeding RM100,000 |
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| Year |
Conventional |
Under Construction
(% p.a.) |
Completed
(% p.a.) |
| 1st |
BLR - 4.75% |
BLR - 3.75% |
| Thereafter |
BLR - 0.70% |
BLR - 0.70% |
Additional terms to the above
- SaveLink, ZEC and FEC packages are not available.
- 'With MRTA' pricing: No pricing differentiation.
- OD facility: Max MOF 50% @ BLR + 0% p.a.
- Lock-in Period: 5 years commencing first disbursement
- Penalty in event of full settlement during lock-in period: 3% flat on original loan amount subject to minimum of RM5,000.
All other terms and conditions per the prevailing Mortgage Loans Credit Policy, as updated from time-to-time.
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| Details |
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Interest
Payment Option (IPO) features the combination of SaveLink HL and
interest servicing (similar to the nature of OD) for the first 5 years from first disbursement or 3 months from the Letter of Offer date, whichever is earlier.
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INTEREST PAYMENT OPTION (IPO)
SAVELINK IPO (with MRTA) |
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Completed Properties
Loan amount up to RM400,000:
| Year |
SaveLink IPO (new) |
Non-ZEC/FEC
(% p.a.) |
ZEC
(% p.a.) |
| 1st to 2nd |
BLR - 1.80% |
BLR - 1.20% |
| 3rd to 5th |
BLR - 1.80% |
BLR - 1.20% |
| Thereafter |
BLR - 1.80% |
BLR - 1.80% |
Exclusive packages available for financing amount above RM400,000.
Additional terms to the above
- Minimum residential property value/purchase price: RM100,000
- Minimum loan tenure: 15 years (inclusive of Interest period). Maximum age at loan approval is 50 years.
- Interest period/first year rate: 5 years from first disbursement or 3 months from LOF date whichever is earlier.
- Repayment tenure: Based on loan tenure applied less interest period.
- 'Without MRTA' pricing: Plus additional 0.05% p.a. on across all tiers.
- OD facility: Max MOF 50% @ BLR + 0% p.a.
- Lock-in Period/Penalty comprises two categories per the following schedule:
| Packages |
Lock-in period
(from 1st disbursement) |
Penalty % on
original loan |
Min. loan amount
RM' |
| NON-ZEC/FEC |
| IPO Under Construction |
5 years |
3% |
100,000 |
| IPO Completed |
3 years |
3% |
100,000 |
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| ZEC |
| IPO Under Construction |
5 years |
3% |
150,000 |
| IPO Completed |
5 years |
3% |
150,000 | |
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