CALCULATOR
APPLICATION
CONSULTATION
Financing-i
Home Financing-i My 1st Home Scheme
My 1st Home scheme allows young adults to obtain up to 110% financing and enable them to own their first home.
Concept
Tawarruq
Purposes
- Under Construction
- Completed / Auction / Subsale
Benefits
- Margin of financing up to 110%
Requirements
- Malaysian Citizen
- First time home buyer
- Individual or joint applications
- Purchase for own occupation
Margin of Financing
Financing up to 110% including MRTT / Legal Fees / Valuation Fees
Financing Limit
Open
Profit Rate
Package | Financing with MRTT |
My 1st Home Scheme | Profit Rate |
As low as · SBR+1.35% |
Standard Base Rate (SBR): 3.00%
MRTT = Mortgage Reducing Term Takaful
Financing Tenure
Maximum financing period 35 years or aged 70 years; whichever is earlier.
Fees & Charges
| ITEMS | CHARGE |
|---|
| Wakalah Fee | RM28.30 |
| Custodian of security documents after full settlement. | RM10.00 per set per month (inclusive 0% GST) |
| Issuance of statement for EPF withdrawal. | RM15.00 per document (inclusive 0% GST) |
Payment Methods
- Biro Perkhidmatan Angkasa (BPA)
- Potongan Gaji Majikan
- Pindahan Gaji (Potongan Akaun Simpanan-i) / Salary Transfer (Savings Account-i Deduction)
- Pembayaran Melalui Elektronik
Required Documents
| Category | Document |
|---|
| Fixed Income | - Copy of MyKad; or
- Authority Card (Police / Military)
- Latest 3 consecutive months salary slips
- Latest 3 months of bank statement
- BLatest EPF statement / EA form
- Confirmation Letter of Employment
|
| Property Documents | - Sale & Purchase Agreement
- Copy of Title
- Offer to Purchase from Developer
- Booking Receipt
- Memorandum of Sale: Auction
- Valuation Report: Completed / Auction / Subsale / Refinancing / Construction of House
|
Product Disclosure Sheet
Illustration Payment Schedule
CALCULATOR
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