-
- interest
-
- reference rent
- 2,61 %
-
- type of loan
- flexible loan
-
- lock-in period
- 3 years
Mortgage calculator
- interest
- you pay
- R M/month
What's so good about the UOB Malaysia Intelligent Home Loan?
-
A complete flexible package
-
Flexible repayment - daily to monthly frequency
-
Turn on prepayment - pay more to save more
pass
Minimum age: | 21 years |
Loan period: | up to 35 years |
Financial collateral: | MRTA insurance financing 90% + 5% |
Refers to: | Completed houses, real estate under construction, refinancing |
reviewvia iMoney
-
UOB Home Loan Malaysia has a lock-in period of 3 years and if you complete your loan repayments during this period, there is a prepayment penalty of up to 2% of your outstanding loan amount. UOB offers 4 different semi-flexible and fully flexible home loan packages with varying degrees of flexibility in accessing cash and repayment. One of UOB Malaysia's home loan packages, the UOB Smart Home Loan comes with flexible repayment options and offers you an interest-free option for the first 2 years. Repayments can be made daily or monthly. Paid leave may also be requested during the holiday season or in emergencies. UOB Home Loan Malaysia allows you to deposit extra money at any time. Even if it doesn't reduce the principal of your loan, it just stays in the bank to earn you interest. However, if you want to reduce the principal of your UOB Malaysia home loan, you can deposit the money into your UOB Bank mortgage account, but you must notify the bank of your intention in advance. If you want to settle early, you will face a 2% fee on the original UOB loan. This UOB loan allows you to choose the repayment frequency; monthly, bi-weekly or quarterly. For example, you decide to pay every two weeks; you have to pay 26 times a year, which means you can pay off your UOB loan 2 times faster. For priority customers, the Premier version of this UOB Malaysia home loan package offers a more personalized service. Both packages allow overdrafts at the cost of higher interest rates and a service charge of RM120 per year. UOB's Flexi Pant is a fully flexible home loan that allows you to pay more than your installments to save on interest at any time. With linked checking accounts, Flexi Mortgage gives you the flexibility to make extra payments and conveniently withdraw cash when you need it. A flexible mortgage also automatically converts to an overdraft when you pay off 70% of the principal. Anyone can apply for a UOB Malaysia home loan, including foreigners. As with any other mortgage in Malaysia, fire insurance is mandatory when purchasing any UOB Malaysia home loan product. It is highly recommended that you get MRTA for UOB Malaysia Home Loan. If you want to settle early, you have to pay 2% of the original amount of the UOB loan. With UOB Malaysia Home Loan, you can get up to 95% financing inclusive of MRTA (provided the policy is purchased from Great Eastern Insurance). All UOB Malaysia home loans have a maximum tenure of 35 years (as per Bank Negara Malaysia's latest regulations) or until the borrower turns 70, whichever comes first.
-
Offering iTELLIGENT Home Loan, Flexi Mortgage, iHL Premier and International Home Loan, UOB offers a range of home loan portfolios to suit different individual needs. The table below highlights the key features of all four home loan packages for your comparison.
product Accents Is there a flex plan? loan for a smart house - It allows borrowers to pay only interest (instead of the loan principal) for the first 2 years
- Freedom to pay monthly, bi-weekly, weekly or daily
- Optional MRTA or MLTA
- Repayment holidays allow borrowers to skip repayments during emergencies and holiday periods
- Provide coating service
yes, completely flexible flexible mortgage - A home loan with a linked checking account for early repayment and easy access to cash
- It allows you to pay more in installments to save on interest
- Repayment term up to 35 years or 70 years
- When 70% of the value of the property is paid off, the loan automatically turns into an overdraft
yes, completely flexible Goods Murabaha Housing Finance-i - Islamic home financing options with variable interest rates
- 20% discount on fees for new accounts
- Financing margin up to 100% (takful premium)
yes, completely flexible Prime Minister for International Humanitarian Law - It allows you to pay more in installments to save on interest
- Freedom to pay monthly, bi-weekly, weekly or daily
- Repayment holidays allow borrowers to skip repayments during emergencies and holiday periods
and, semi-flexible International housing loans - For non-Malaysians buying property in Malaysia
- Loan term up to 30 years or 65 years
- Financing margin up to 80%
Yes -
Borrowers can reduce their monthly home loan interest costs by paying additional monthly installments through UOB flexi housing packages. The requirements, fees and conditions of these flexible housing packages must be considered in addition to the benefits.
loan for a smart house flexible mortgage Prime Minister for International Humanitarian Law International housing loans Elastic semi-elastic elastic cord semi-elastic semi-elastic Is a linked bank account required? Yes I Yes Yes Account maintenance fee Yes 120 RM (one time) Yes Yes withdrawal fee RM50 - RM50 RM50 Withdrawal terms and conditions Minimum payout RM2000 - Minimum payout RM2000 Minimum payout RM2000 -
In order for the bank to successfully process your application, you must attach some supporting documents for your UOB home loan:
- application form
- Identity card
- A copy of the developer's confirmation or offer letter of sale and purchase or reservation
- A copy of the individual act
- Property valuation report (completed real estate)
- Pay slips/documents for the last 3 consecutive months
- Commission statement for the last 6 consecutive months
- Latest EPF statement (with transaction records for 3 consecutive months or more)
- The latest EA form
- Account statements for the past 6 months
- Certificate of employment and remuneration
-
You can use the UOB housing loan calculator to calculate the monthly mortgage loan installment. Once you've determined the home loan amount you want, you can apply through iMoney and one of our mortgage advisors will contact you. If you are not sure whether this home loan from UOB is the best option for you,click hereCompare other mortgages in Malaysia.
-
UOB has a nationwide branch network in Malaysia, but is smaller than most local banks. However, repayment is easy with these convenient payment options.
online transfer
: Transfer money from your UOB savings or current account to make online paymentsEnergy saving and environmental protection standards
: Loan withdrawal at any MEPS ATM throughout the country (over 5000)interbank transfer
: Pay your loan with an interbank GIRO money transfer in branches of participating banks or via internet bankingStanding facilities for classes
: automatically debited from your bank account every monthUOB ATM
: Transfer money from your UOB savings or current account for payments at all UOB branchesautomatic payment machine
: Pay by check or cash at UOB branchessubsequent payment
: Send your check and bank statement to UOB in an envelopetelefonska banka
: give instructions to debit your bank account for housing loan payment using T-PIN