Maybank Mortgage Update

Residential - Conventional / Islamic Term Loan (floating) - MaxiHome / MaxiHome - i

150k - 250k: BLR - 2.1%

250k - 500k: BLR - 2.2%

        > 500k: BLR - 2.3%
        > 3 Million: BLR - 2.5%

*MRTA compulsory.

Residential - Conventional / Islamic Term Loan (fixed) - MaxiHome / MaxiHome - i
150k - 250k
3 years: 1st 3 years: Fixed 4.8%, T/A: B - 2.1% (with MRTA) / B - 2.0% (without MRTA)
5 years: 1st 5 years: Fixed 5.3%, T/A: B - 2.1% (with MRTA) / B - 2.0% (without MRTA)

> 250k

3 years: 1st 3 years: Fixed 4.8%, T/A: B - 2.2% (with MRTA) / B - 2.1% (without MRTA)

5 years: 1st 5 years: Fixed 5.3%, T/A: B - 2.2% (with MRTA) / B - 2.1% (without MRTA)

Residential - Flexi OD - MaxiHome / MaxiHome - i

1. Facility limit with monthly reduction throughout tenure - BLR -2.1%

2. Facility limit with monthly reduction for the 1st 5 years - BLR -2.1%

3. No reduction of facility limit - BLR -2% / BLR -1.9%

Other Terms: (not applicable to Flexi OD package)

1. Exit Penalty: 3 years 1st drawdown / 97.5% release, 2% of total facility limit

2. MOF: 90% + 5% (legal fee, stamp duty, MRTA financing)

3. Tenure: Age 60 / 30 yrs, whichever is earlier, professional / graduates - Age 70/ 40 years, whichever is earlier

4. Non-ZEC

5. Prepayment withdrawal fee: RM 25 / withdrawal, multiple of RM1000
6. All rate can be appealed to better position depending on customers' profile

Commercial - Conventional / Islamic Term Loan (floating) - MaxiShop /MaxiShop - i

B - 1.9% (with MRTA)

B - 1.85% (without MRTA)

Commercial - Conventional / Islamic Term Loan (fixed) - MaxiShop /MaxiShop - i

3 years:

1st 3 years: Fixed 4.9%, T/A: 

B - 1.9% (with MRTA) / 

B - 1.85% (without MRTA)

5 years:1st 5 years: Fixed 5.5%, T/A: 

B - 1.9% (with MRTA) / 

B - 1.85% (without MRTA)

Other Terms:

1. Exit Penalty: 3 years 1st drawdown / 97.5% release, 2% of total facility limit

2. MOF: 80% + 5% (legal fee, stamp duty, MRTA financing)

3. Tenure: Age 65 / 20 yrs, whichever is earlier

4. Non-ZEC

5. Prepayment withdrawal fee: RM 25 / withdrawal, multiple of RM1000

6. Does not include commercial mortgages under company entity


Important notes:
1. Balloon payment option is available for MBB package, for discussion of balloon payment, you can visit here.
Proportion of loan which can be allocated for balloon payment is:
50% for property valued > RM 500k
40% for property valued RM 400k ~ RM 499k
30% for property valued RM 300k ~ RM 399k
20% for property valued RM 200k ~ RM 299k
10% for property valued RM 100k ~ RM 199k
0% for property valued < RM 100k
2. Interest only loan for first 5 years is available.
3. Interest capitalization for under-con property is available.
4. Holiday payment feature is available. Client may opt not to pay installment for a 1 month period (max 3 times throughout the whole tenure)
5. Provision of title details is essential for loan application (sub-sales, refinancing, top up)

Last Update on 03 Dec 2011