The most transparent home loan reference rate in town
Finally a wholesome home loan package with reference rates that you can easily understand and won't keep you guessing!
Where every sen counts, it pays to understand your home loan reference rates. Compared to BLR rates which are continuously changing and unpredictable, this new first-of-its-kind Home Loan Fixed Deposit (HLFD) option offers you a more transparent and stable reference rate, allowing you to plan your finances better. Designed with your best interests in mind, the innovative HLFD package features interest rates that are pegged against EON Bank's prevailing 12-months Fixed Deposit Rate (FDR)* along with our classic value added benefits listed below for banking solutions that are simple, convenience and delivering value.
* EON Bank's 12-month FDR is currently at 3.0% per annum.
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Type of Financing |
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Purchase and refinancing of completed residential properties costing RM200,000 and above. |
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Competitive Interest Rates |
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Up to FDR + 1.25% per annum. |
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High Margin of Financing |
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up to 90% (+5%). |
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Flexible Financing Options |
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Housing loan and/or term loan. |
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Housing loan or term loan with flexi features. |
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Longer Loan Tenor |
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30 years or up to age of 70, whichever is earlier. |
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3 Types of Insurance Coverage |
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Insurance coverage to protect your home against theft and fire. Our Mortgage Reducing Term Assurance (MRTA), on the other hand gives your loved ones added security should anything happen to you. This will give you peace of mind, knowing you have added protection. |
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Capitalisation of MRTA and/or Legal Fees |
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Allows you the freedom and convenience to include your MRTA premium and/or legal fees as part of the installments on your home loan. This means you now have more cash flow for other incidental expenses such as renovations, furniture etc. |
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Processing Fee waived |
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Free Standing Instruction |
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No commission charged on any standing instruction made for your monthly loan repayment from your EON Bank account. |
Application Details:
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