Affin Bank – Home Flexi Plus (conventional)

Up to 35 years

Semi-Flexi loan

Floating Interest Rate 3 years lock in period

Up to 90% margin

30 days approval

Borrowing RM Monthly Repayment

Profit Rate

How Long Year
max 35 Year
Flexi/Term Lock in Period Islamic or Conventional
All Flexi Term All Yes No All Islamic Conventional

Affin Bank Home Flexi Plus

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 of finance
    • 30 days approval

You Borrow

Estimated Interest Rate

more than RM100000

5.25% p.a.

  • *Effective interest rate will be determined by Affin Bank upon approval.


Fees & Charges

There are always fees but how much are they?

Late Penalty Fee - 8.34% revised interest rate p.a. if monthly installment are in default for 3 months

Withdrawal Fee - RM26.50 for each withdrawal

Processing Fee 

Early Settlement Fee - 2% of the original loan amount

Redemption Letter Fee - RM53.00 per request

Letter for EPF Withdrawal Fee - RM21.20 per request

Cancellation Fee - 0.5% of the original loan amount or RM2,000, whichever is higher

Insurance Types - MRTA

*inclusive of 6% GST



Are you eligible for this Affin Bank home loan?

Minimum annual income - RM24000

Minimum age - 18 years old

Maximum age - 70 years old

Who can Apply - Any nationality


Frequently Asked Questions about Affin Bank Home Flexi Plus

Things you might want to know


What do I need to know about Affinbank Home Flexi Plus?

This home loan is a combination of a conventional term home loan and an overdraft, allowing you to withdraw excess funds against your loan principal for those troublesome times when you most need money.

Subject to application and approval Affinbank offer finance up to 90% of the value of your house, for a loan term up to 35 years (or until 75 years of age, whichever is sooner). An additional 5% can be added to the finance package to cover MRTA, legal fees, evaluation fees and stamp duty.


Can You tell me more about the overdraft?

Your overdraft will be 50% of the total financing amount for a mortgage valued less than RM500,000 and up to 70% of total financing amount for if valued above RM500,000.


What are my commitments?

It is your duty to keep up with your monthly installments. Interest is charged using floating rate linked to the BR. If you fail to service your monthly repayments, the bank may increase you interest payments, so beware!

If you have spare cash at the end of the month, or if you're willing to part with your bonus - you can always have the flexibility to pay in excess of your loan instalment amount, including the option to withdraw.


What does the mortgage insurance cover?

The Mortgage Reducing Term Assurance ( MRTA) is used to shield you against the risk of losing your family's property due to unforeseen circumstances, such as an accident. MRTA is compulsory with this home loan.


Why should I choose the Affinbank Home Flexi Plus?

There are some really good benefits with this home loan.

  • Save more - As the interest is calculated daily if you deposit more than your regular payment within each month you can save on your interest charges.
  • Excess Cash - If you do make extra payments into your mortgage you can withdraw the excess cash as and when you need it.

What documents do I need to provide to make an application?

If you are an employee earning a salary
NRIC photocopy
Latest 3 months salary slip
Latest 6 months commission statements (for commission earners)
EA Form or Borang B supported by tax payment receipt or E-filing supported by acknowlwdgement
Latest EPF statement
Latest 3 months bank account statement
Letter of Employment

If you are self-employed
NRIC photocopy
Latest Borang B supported by tax payment receipt or E-Filing supported by acknowledgement
Latest 6 months bank statement
Latest Profit and Loss account or management account