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Find the best Housing Loan in Malaysia

Learn about each housing loan product available on the SMI Funding Smart Seach

Affin Bank Home Solution Plus

Interest Rate 4.40%

Flexible mortgage plan that lets you make extra repayments, reducing your interest charges. Withdraw excess cash instantly when you need it.

  • Up to 35 years

  • Semi-Flexi loan

  • Floating Interest Rate

  • 3 years lock in period

  • Up to 90% margin

  • 30 days approval

Affin Bank My First Home Scheme

Interest Rate 4.50%

Own your first home without paying thousands of Ringgits for your downpayment! Enjoy 100% financing at lower rates for up to 35 years.

  • Up to 35 years

  • Term loan

  • Floating Interest Rate

  • 5 years lock in period

  • Up to 100% margin

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Affin Bank Home Assist Plus

Interest Rate 5.00%

Perfect for the first time home buyer this mortgage is created especially for lower cost houses and folks earning a lower income

  • Up to 35 years

  • Semi-Flexi loan

  • Floating Interest Rate

  • 3 years lock in period

  • Up to 85% margin

  • 30 days approval

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.

  • Up to 35 years

  • Semi-Flexi Islamic financing

  • Floating Profit Rate

  • 5 years lock in period

  • 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!

  • Up to 35 years

  • Semi-Flexi Islamic financing

  • Floating Profit Rate

  • 5 years lock in period

  • Up to 90% margin

  • 30 days approval

Affin Bank Home Flexi Plus

Interest Rate 5.25%

Get a combination of a term loan and overdraft for financing a new house or refinancing your current home.

  • Up to 35 years

  • Semi-Flexi loan

  • Floating Interest Rate 3 years lock in period

  • Up to 90% margin

  • 30 days approval

Affin Home Invest-i

Interest Rate 4.50%

Get your dream house and protect yourself from the fluctuation of profit rate with Affin Home Invest-i.

  • Up to 35 years

  • Semi-Flexi Islamic financing

  • Floating Profit Rate

  • 3 years lock in period

Affin Tawarruq Home Financing-i

Interest Rate 4.80%

An Islamic home financing based on the concept of Tawarruq that offers the flexibility of early settlement free of charge!

  • Up to 35 years

  • Semi-Flexi Islamic financing

  • Floating Profit Rate

  • 0 years lock in period

  • Up to 90% margin

  • 30 days approval

AIA Fixed Rate Home Loan Package 1

Interest Rate 4.99%

AIA's conventional term home loan has a fixed interest rate, giving you a piece of mind and protection against changes in the Base Rate

  • Up to 35 years

  • Term loan

  • Fixed Interest Rate

  • 5 years lock in period

  • Up to 90% margin

  • 30 days approval

AIA Fixed Rate Home Loan Package 2

Interest Rate 5.39%

Everyone's favourite American Insurance company offers a conventional home loan with a fixed interest rate.

  • Up to 35 years

  • Term loan

  • Fixed Interest Rate

  • 5 years lock in period

  • Up to 90% margin

  • 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

  • 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.

  • The loan amount varies, with minimum amount being RM 50,000

  • 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.

  • 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

  • If you are an employee earning a salary:

  • 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:

  • 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

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