Hong Leong MortgagePlus home re-financing

March 18th, 2009 2:33 PM by Banking88

Hong Leong MortgagePlus. Why pay more? Save over RM107,000 on your existing home loan now.

Now you can re-finance your home loan to pay less at no cost. Your current account is connected to your home loan with more savings. You save more because the daily balance in your current account is transferred from your main home loan account – so reducing your daily interest rates.

This is based on original loan amount of RM300,000 loan tenure of 30 years and with effective interest rate of 6.55% p.a.

Calculate and see how much you save!

Monthly instalment with current home loan = RM1,907
Monthly instalment with Hong Leong MortgagePlus = RM1,549
Savings earned with MortgagePlus
RM1,907 - RM1,549 = RM358 every month
RM358 x 12 months = RM4,296 every year
RM4,296 x 25 years = Over RM107,000 for entire loan tenure of 25 years
Attractive Loan Package
Loan packages that have been designed with you in mind, making it easier and more affordable for you to own a home.
Daily Interest Calculation
Interest on your loan is computed on daily basis and is reduced as soon as extra payment is made on daily.
Save on Interest
Extra deposits or savings made towards your current account help to cut interest cost.
Pay off your loan sooner
Trim years off on loan duration with less interest payable.
Simplicity of managing one account
Maximize on interest saving when you consolidate all your funds into current account linked to the loan and utilize this account for all your banking transactional needs.
Flexibility in repayment and withdrawal of funds

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