Example, if you took out a RM100,000 loan at seven per cent over 25 years, you would end up paying a total of RM212,100: RM112,100 in interest plus the RM100,000 principal.
Tips for Home loan
- You need to do some homework before applying for Home loan. You need to know how much you can afford.
- You need to make some homework and compare the cost and the rate of interest offered by each Bank.
- Choose the right home – make inspection of property you plan to buy and make an offer.
Most people take on a housing loan from a banking institution which offer different loan packages to cater for the needs of different users. The best mortgage deals with flexibility to meet your investment and lifestyle. There are number of banks that offer home loans for low interest rate. If you looking for a competitive home loan or mortgage, here are the 8 best home loan in Malaysia:
HSBC Home Loans »
HSBC Amanah HomeSmart-i is a product of HSBC Amanah Malaysia Berhad
Citibank Housing Loans »
Citibank’s housing loan is an easy home loan that lets you focus on bigger priorities with disciplined monthly installment.
ING Home Loan »
ING Home Loan is one of the best fixed rate homeloan in Malaysia.
Standard Chartered Home Suite »
Home Suite is a collection of home solutions packaged for a rewarding experience and provides lower pricing.
RHB My1 Home Loan »
Lower your home loan repayments with RHB My1 Home Loan
Hong Leong Housing Loan »
Options of a term loan or a combination of term loan and overdraft facility to suit your financial needs.
Public Bank 5 Home Plan »
5 HOME Plan gives you the flexibility of choosing from a wide range of different home financing packages, depending on your financial needs.
CIMB Property Financing »
CIMB Property Financing have various financing packages tailored to different individual needs.