Affin Bank

Affin Extra Plus

A variable rate home loan with overdraft facility for Affin Bank's loyal customers, who intend to purchase a new property as an additional asset.

    • Up to 35 years
    • Flexi loan
    • Floating Interest Rate
    • Up to 90% margin of finance
  • You BorrowEstimated Interest Rate
    RM20000 - 5000004.77% p.a.
    more than RM5000014.57% 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
1% p.a. of the outstanding amount
Withdrawal Fee
RM26.50 for each withdrawal
Processing Fee
No charges
Early Settlement Fee
No charges
Redemption Letter Fee
RM53.00 per request
Letter for EPF Withdrawal Fee
RM21.20 per request

All fees & charges are inclusive of 6% GST if applicable

Requirements

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 Extra Plus

Things you might want to know

What is Affin Extra Plus?

Affin Extra Plus is a term loan with flexibility to make extra repayment every month to reduce interest charges and offset your outstanding principal, hence expediting home ownership process.

Subject to approval, the bank can provide up to 90% margin of financing for up to 35 years, or 70 years of age, whichever comes first.

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.

You can make partial or full prepayment to reduce loan outstanding and enjoy great savings on interest, as it is calculated on daily rest.

However, you need to inform the bank at least 1 month before making any prepayment in excess of the monthly instalment, otherwise it will be considered as advance payment.

Can I withdraw excess cash?

Of course, you can. You need to make a request, either via writing or affinOnline, to redraw excess money in your home loan account at a fee.

The minimum amount you can withdraw is RM3,000 and in multiples of RM1,000 thereof, subject to a minimum available balance of RM5,000 in advance payment bucket.

Does this comes with an overdraft facility?

Yes, an overdraft facility is part of this flexi mortgage plan. At a fixed rate of BR +2.61% for the whole tenor, you can use the money to fulfill your personal wishes, be it to renovate your house or invest in income-generating instruments.

But be prudent as to how much you want to get as you can get slapped with a commitment fee of 1% if it is underutilized, subject to borrowing amount of above RM250,000.

Who can apply for Affin Extra Plus?

This home loan 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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