Affin Home Assist Plus-i
Interest Rate 5.00%
Affin Home Assist Plus-i is a flexible home financing hat conforms to Shariah principle of Musharakah Mutanaqisah and lets you chuck in extra repayment to save on profit charges.
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Up to 35 years
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Semi-Flexi Islamic financing
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Floating Profit Rate
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5 years lock in period
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Up to 85% margin 30 days approval
Affin BNM Priority Sector Home Financing-i
Interest Rate 5.10%
Fully Shariah-compliant Islamic Home Financing catered to the low & middle-income group, to help you get the home security that you truly deserve!
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Up to 35 years
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Semi-Flexi Islamic financing
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Floating Profit Rate
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5 years lock in period
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Up to 90% margin
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30 days approval
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What is Home Loan?
Home loans are given to individuals who are interested in refinance/buying/constructing houses. It is supported by banks or financial institutions who loan a certain amount, based on the need of the individual(s). Loans can be applied for refinance, purchase, construction or improvement of homes.
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Characteristic of Home Loan
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The asset i.e. your home/property is pledged as security collateral. In case of failure of payment of the loan on a timely basis, the bank/lender would be entitled to retrieve the asset.
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The loan amount varies, with minimum amount being RM 50,000
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The repayment time period, which ranges up to 40 years, is fixed based on the amount taken as loan and includes the outstanding principal plus the interest costs.
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The principal amount and the interest together constitute the EMI (Equated Monthly Installment) of the loan.
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Documents Required for Home Loan
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If you are an employee earning a salary:
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NRIC photocopy
Salary slips (last 3 months)
EA form/ EPF statement (last 2 years)
Sales & Purchase Agreement/ Booking receipt from developer
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If you are self-employed:
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NRIC photocopy
Salary slips (last 3 months)
EA form/ EPF statement (last 2 years)
Sales & Purchase Agreement/ Booking receipt from developer
Business registration A&D
Last 3 months bank statement