What is a Fixed Rate Home Loan

in a nutshell, a fixed rate home loan features the same interest rate over the entire loan period. Say you apply for one at a rate of 5% p.a., your outstanding loan amount willbe charged at an interest of 5% p.a. until the day you pay off your entire loan. There are absolutely no fluctuations in interest rate

BENEFITS

• Fixed Interest Rate! Interest rate does not change throughout the duration of the loan.
• Competitive Tiered Fixed Rates available to suit your financial situation.
• Fixed Monthly Instalment to avoid any surprises to your monthly commitments.
• Zero Moving Cost! With our Zero Moving Cost package, we will absorb the stamp duty, legal and valuation fees to make it easier for you to settle into your new property.
• Longer Repayment Period of up to 35 years or until the age of 70, whichever is earlier.
• Easy instalment payment via direct debit, online interbank fund transfer, AIA Customer Centres and Maybank branches.
• Optional Life/MRTA insurance coverage, which settles your outstanding mortgage and transfers the title deed to your family in the event of death or total and permanent disability.

Our Recommendation:

AIA Fixed Rate Home Loan

Highlights
-Best Fixed-Rate Home Loan
-Fixed repayments despite BR changes
-No settlement penalty upon property sale
-Suitable for Debt Consolidation and refinancing
-Zero Moving Cost Package available

 To understand more on AIA's Fixed Rate Mortgage package, view through the full brochure:

https://www.aia.com.my/content/dam/my/en/docs/individuals/home_insurance/home-loans-brochure-and-product-briefs-0517.pdf