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Interest-Only Mortgage
Interest-Only Mortgage
  1. Loans
  2. Interest-Only Mortgage

Bring your dream home to life with lower monthly instalments for the first 3 years

Interest-Only Mortgage Solution
  • for the first 3 years

  • onwards

  • to commence monthly instalments earlier

Interest-Only Mortgage Benefits

Lower repayments

As you only need to serve interest for the first 3 years, this automatically lowers your monthly repayments.

Boost cash savings

With lower monthly repayments, you’ll enjoy more cash savings for the first 3 years.

Better cash flow

Have more cash flow for your other needs such as home improvements, renovation costs, personal needs and more.

Enjoy flexibility

You have the option to commence your monthly instalments earlier.

See how much lower your monthly repayments can be

The table below is a sample illustration of the difference between Interest-Only Mortgage Solution repayments and normal monthly repayments.
LOAN TENURE (YEARS) INTEREST-ONLY MORTGAGE SOLUTION MONTHLY REPAYMENTS NORMAL MONTHLY REPAYMENTS
YEAR 1 TO YEAR 3 YEAR 4 ONWARDS WHOLE LOAN TENURE
30 RM1,550.00* RM2,735.98** RM2,562.10
The illustration above is calculated based on a RM600,000 loan amount at the interest rate of BR + 0.83%. The effective interest rate is 3.10%. BR as at 19 July 2021 is 2.27% p.a.
* Interest-only repayments.
** Monthly repayment based on remaining loan tenure of 27 years. Terms and conditions apply.

1. Applicable for completed residential properties only.
2. Only applicable when you apply for Standard Term Loan.
3. Applicant(s) must have minimum monthly income of RM4,000 to be eligible for Interest-Only Mortgage.
4. The monthly instalments for the first 3 years comprise of interests only, whilst subsequent monthly instalments comprise of principal and interest.
5. The calculations in the table above are indicative only and for illustration purposes.
6. All applications are subject to the Bank’s approval and credit evaluation.
7. This Interest-Only Mortgage is subject to the Bank’s Product Terms and all of the relevant Banking agreements.

MORTGAGE REFERRAL CAMPAIGN
MORTGAGE REFERRAL CAMPAIGN