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CAWANGAN PEKAN BARU SUNGAI PETANI KEDAH


Thursday, 8 November 2012

RHB House loan : my1-first-home-loan

WHO CAN APPLY
  • Malaysian citizen
  • First-time home-buyer
  • Individuals up to age 40 years
  • Single borrower gross household income not exceeding RM5,000/month
  • Repayment / payment of total financing obligation amount must not be more than 60% of the net monthly income
MINIMUM LOAN AMOUNTRM100,000 (exclusive of MRTA).
LOAN MARGINUp to 100%
LOAN TENURE
  • Minimum: 5 years
  • Maximum: 35 years or age 65 whichever is earlier
ELIGIBLE PROPERTY
  • Residential properties located in Malaysia
  • Minimum property value of RM100,000
  • Maximum property value of RM500,000
  • Owner occupied (buyers are required to reside in the property)
FINANCING REQUIREMENTS
  • Amortizing facility only (no redraw features)
  • Installments payable via monthly salary deduction or standing instruction
  • Compulsory Fire insurance/takaful