A "low interest" loan shouldn't mean you have very little interest in paying it back!
  • Home Loan BYTES FROM OUR KITCHEN

    MaxiHome Flexi Loan

    MaxiHome Flexi loan offered by Maybank Malaysia Berhad allows you to combine your loan with your Maybank savings or fixed deposit account. You can decrease your loan tenure, and choose a flexible repayment facility with this loan. Read through the feature and benefits of this product for more information.

    Margin of Financing Up to 90%
    Type of Financing Semi-Flexi
    Financing Tenure Up to 35 years
    Interest Rate 3.25% (BR) + 1.35% p.a.

    Features and Benefits

    • Integrate your home loan, fixed deposit, and savings account into one account.
    • Reduce the outstanding principal of your home loan with cash deposits.
    • Get a home loan tenure up to a maximum of 35 years.
    • Withdraw any advance payments when required without paying any extra charges.
    • Get financing of up to 90% of your desired property value.
    • Earn interest up to 1.8% p.a. for savings, and credit balance above RM5,000
    • Get financing for all types of residential properties.
    • Enjoy a complimentary personal accident cover of up to RM50,000.
    • Get a free medical expenses cover of up to RM3,000 for a minimum credit balance of RM1,000.
    • Deposit cash of any amount in your account at any time.
    • Use the overdraft facility without paying any commitment fees.
    • Get home financing including for valuation fees, legal fees, and MRTA.

    Fees and Charges

    Interest Rate 3.25% (BR) + 1.35% p.a.
    Stamp Duty As per Stamp Duty Act 1949
    Processing Fee RM200
    EPF Withdrawal Fee RM10
    Redemption Letter RM50
    Monthly Maintenance Fee RM5
    Legal Fee Solicitor’s fee for registration of charge, loan documentation, bankruptcy search, and land search
    Late Payment Fee 1% of the total outstanding amount
    Early Exit Penalty 3% of the approved financing amount

    Eligibility

    Age Less than 70 years old

    Required Documents

    Salaried Applicants Copy of NRIC (front and back) Latest salary slips (3 months) Latest Form BE Copy of the Sales and Purchase agreement Copy of the title deed Copy of the valuation report (if required)
    Self-employed Applicants Copy of NRIC (front and back) Latest financial statements (3 years) Latest bank statements (6 months) Latest Form B Copy of the Sales and Purchase agreement Copy of the title deed Copy of the valuation report (if required)

    How to Apply

    Online Application Complete and submit an online enquiry form available on the Maybank website. A bank representative will contact you to assist you with this process.
    Branch Application Visit your nearest branch and speak to a branch representative. Carry the required documents with you. Complete and submit the application form along with the required documents to apply for this loan.

    The MaxiHome Flexi loan allows you to earn interest on your savings balance, and reduce the principal amount of your home loan. Use the home loan eligibility calculator available on the Maybank website to get a quote. Fill in details, such as your current income, existing loans, monthly deductions, estimated house price, and preferred loan tenure. Compare quotes, and get sufficient home financing that suits your budget.

    FAQs

    Q. Can I get financing for properties under construction?

    A. Yes. This loan is applicable for properties under construction as well.

    Q. Can I settle my home loan before the tenure ends?

    A. Yes. You can settle your home loan fully before the tenure ends.

    Q. Do I need to present a guarantor to apply for this loan?

    A. Maybank would decide on whether a guarantor would be required based on your loan details, credit, and repayment capability. You need to present a guarantor if required by Maybank.

    Q. Is an insurance cover mandatory for my property?

    A. Yes. Your property needs to have a sufficient homeowner's insurance policy if you are dwelling in the house, or a sufficient fire insurance policy if your property is still under construction.

    Q. Do I need to take up a mortgage life insurance policy to get this loan?

    A. Maybank will decide on whether you need to take up a mortgage life insurance policy or not based on your loan details. If required, you need to take up a mortgage reducing term insurance policy. You can purchase this policy with Etiqa Insurance, any one from Maybank’s panel of insurers, or any insurer of your choice who is approved by Maybank.

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.