Home Financing-i C NFMC NMRTA

Posted April 24, 2009 - 2:13am by RS Ringgitsavers

Islamic home financing for completed properties with fixed profit rate and without Takaful. Customer to pay moving cost.

Rate:

from 6.50%

Detail rate breakdown:

1-10th year 6.50%;
11-15th year 6.85%;
16-20th year 7.35%

Current BLR:

5.85%

Average rate:

6.80%

Average rate for first 5 years:

6.50%

Maximum financing tenure:

20years

Minimum financing amount:

RM25000.00

Maximum financing amount:

RM2000000.00

MRTA:

Lock-in periods:

3years

Penalty for early settlement:

3 months profit

Financier’s website: