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Bank Financing - CIMB Bank

Contact Person	:	Lo Tze Kean Manager
Office address	:	Level 2, Lot 27, 29 & 31, Jalan 52/2, 46200 Petaling Jaya, Selangor Darul Ehsan
Mobile	:	012-283 8105
Tel	:	03-7960 3795
Fax	:	03-7960 3835


	Home Loan Monthly Installments Calculator
	Home Loan Affordability Calculator

CIMB Home Flexi (Completed)

	Free Moving Cost	No Free Moving Cost
TERM LOAN INTEREST RATES (Daily rest) for Property Value upto RM300K	Upto BLR – 1.85%	Upto BLR – 2.05%
TERM LOAN INTEREST RATES (Daily rest) for property Value above RM300K to RM500K	Upto BLR –1.95%	Upto BLR – 2.15%
TERM LOAN INTEREST RATES (Daily rest) for property Value above RM500K	Upto BLR –2.05%	Upto BLR –2.25%

CIMB Home Flexi (Under Construction)

	Free Moving Cost	No Free Moving Cost
TERM LOAN INTEREST RATES (Daily rest) for Property Value upto RM300K	Upto BLR – 1.75%	Upto BLR – 1.95%
TERM LOAN INTEREST RATES (Daily rest) for property Value above RM300K to RM500K	Upto BLR –1.85%	Upto BLR – 2.05%
TERM LOAN INTEREST RATES (Daily rest) for property Value above RM500K	Upto BLR –1.95%	Upto BLR –2.15%

Legal Fees and Valuation Fees
Free Moving Cost All legal fees i.e. professional fees, stamp duty, disbursement, discharge of charge or receipt and reassignment fee (if applicable) and valuation fee pertaining to the loan documents will be borne by the bank.

No Free Moving Cost All legal fees and valuation fees pertaining to the loan will be borne by the customer. Financing of legal fees/valuation fees is allow subject to within maximum allowable MOF.

LOAN AMOUNT
Minimum Loan is RM150,000.00

FACILITY TYPE
Reducing OD limit with fixed monthly installment.

GENERAL TERMS AND CONDITIONS

TYPE OF PROPERTIES
All types of completed residential properties - landed or non-landed (from developers, sub-sale, refinancing from other bank, unencumbered property, auction property, resort homes and service apartment).

All types of under construction residential properties – landed or non-landed (from developers & individual construction). Resort homes and service apartments included.

MARGIN OF FINANCING (MOF)
Completed Properties
Maximum MOF is 90% + 5% (GMTA/Legal/Valuation or RM30K whichever is lower)
Resort Homes and Service Apartments, maximum MOF is 75% (with/without GMTA)

Under Construction
Maximum MOF is 90% + 5% (GMTA/Legal/ Valuation or RM30K whichever is lower)
If construction by Individual Contractor, maximum MOF is 75% (with/without GMTA)

TENOR
Minimum – 5years
Maximum – 30Years or up to age 65years whichever is earlier.

INTEREST RATE COMPUTATION (Daily Rest)
Effective date of 1st tier interest rate would be 15 months from the date of Letter of Offer.
Interest computation on all facilities would be on daily rest basis.

PROCESSING FEE
Waived

*Terms and Conditions Apply
Above packages subject to changes without prior notice.