Affin Extra Plus-i

A flexible financing plan for Affin Bank existing borrowers comprising Islamic term financing for home purchase and overdraft facility for personal use.

Affin Extra Plus-i
Up to 35 years
Profit Rate
from 4.51% p.a.
Loan type
Flexi islamic financing
Interest Type
Floating profit rate
Margin of finance
up to 90%

Profit Rate

The interest paid based on the home loan amount borrowed

You borrowEstimated Profit Rate
RM20,000 - RM500,0004.71% p.a.
more than RM500,0014.51% p.a.
*Effective profit rate will be determined by Affin Islamic Bank upon approval.


Minimum Annual Income
Minimum Age
  • 18 to 70 years old
Who can apply
  • Any nationality
  • Existing mortgage borrowers of Affin Bank

Fees & Charges

Late Penalty Fee
1% p.a. p.a. of the outstanding amount
Withdrawal Fee
RM25 Subject to minimum available balance of RM5,000 in advance payment bucket
Processing Fee
Early Settlement Fee
No Fee
Letter for EPF Withdrawal Fee
RM20 per request
Insurance Types
  • MRTT

More Information

What is Affin Extra Plus-i?

An Islamic variable rate home financing that is based on Diminishing Musharakah (rent-to-own) structure, whereby customer and the bank jointly contribute to purchase the property.

The bank can commit up to 90% of the property value, meaning it commands the major shares of the property in the first leg of financing. Over time, you can increase ownership of the house by paying your monthly rentals.

The rental contract can last maximum 35 years, or 70 years of age, whichever earlier.

Can I make prepayment and withdraw excess money?

Definitely. You can pay more to save on rental charges. The excess amount you deposit on top of your monthly instalment will go toward the calculation of profit, which is computed on daily basis, on the outstanding balance.

Imagine how much savings you’ll achieve for making extra payment every month?

Plus, you get to redraw excess money in your home loan account for personal consumption, subject to a fee. Make sure you have enough balance as stipulated in the advance payment bucket.

What are the EXTRA features?

Unlike any other Affin Bank’s home loan products, there is no processing fee, no retention period, and no charges for early settlement for Affin Extra Plus-i.

For those who wish to hedge their budget against uncertainty, this Islamic financing also offers a ceiling rate. Meaning, should there be any increase in the bank’s IBR, the rental rate will not go beyond this ceiling rate.

Who is eligible to apply for Affin Extra Plus-i?

This Islamic home financing is open principally to existing mortgage customers with Affin Bank / Affin Islamic Bank, provided that the customers have fully disbursed their existing mortgage account and have a clean payment track record for the past 1 year.

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