📉
Old Monthly
RM 9,900
📈
New Monthly
New Monthly (—)
—
💰
Commitment Reduce
—
🏦
New Loan Total
RM 650,000
1Your Existing Debts
click × to remove · + to add
Current Mortgage (refinance this)
RM 300,000 · RM 2,000/mo
RM
RM
Credit Card
+ Add Credit Card
RM 100,000 · RM 5,000/mo
RM
RM
Personal Loan
+ Add Personal Loan
RM 100,000 · RM 2,000/mo
RM
RM
Hire Purchase
+ Add Hire Purchase
RM 50,000 · RM 900/mo
RM
RM
Existing Total
OUTSTANDINGRM 550,000.00
MONTHLYRM 9,900.00
2Cash Out
optional
RM
Renovation · Investment · Education
3New Loan Structure
BNM-compliant splitNew Loan Composition
Term Loan — refinance mortgage
RM 300,000
PL with Collateral — debts + cash-out
RM 350,000
years
years
ℹ️ Cash-out + debt consolidation portion priced at mortgage rate (secured against property), shorter tenure.
4About You
RM
5Bank Comparison
Sorted by best monthly savingWe compare BNM-licensed Malaysian banks for refinancing — surfaced and sorted by best monthly saving for your profile.
No banks eligible. Try adjusting income, tenure, or debts.
⚠ Not eligible for:
📜 BNM Refinance Guidelines
- DSR cap: Max 60% for income < RM3,000; up to 90% for higher income brackets (varies by bank).
- NDI floor: Net Disposable Income (after the new instalment) must exceed bank's minimum (typically RM1,000–1,500/month for urban). We auto-estimate net income at 80% of gross.
- LTV cap: Refinance + cash-out cannot exceed 90% of current property valuation.
- Tenure cap: Max 35 years OR before borrower hits age cap (70 / 75) — whichever is shorter.
