Existing Loan | Refinance With AOA | |
---|---|---|
Effective Landing Rate | 5.50% p.a. | 4.00% p.a. |
Monthly Installment | RM2,839 | RM2,388 |
Savings Per Month | RM451 |
MORTGAGE - BANK A (2010) |
|
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Property Price RM450,000 | Loan Amount RM405,000 |
REFINANCE WITH ALLIANCE ONE ACCOUNT (CURRENT YEAR) |
|
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Current Property Market Value RM600,000 | Outstanding Balance RM320,000 |
UP TO 90% MARGIN OF FINANCING (MOF) |
|
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Total Loan Amount: RM600,000 x 90% MOF RM540,000 |
Cash Out Amount: RM540,000 - RM320,000 RM220,000 |
![]() Mortgage - Bank A (Year 2010) |
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Property Price Loan Amount Interest Rate Tenure Monthly Instalment Current Outstanding Balance | RM450,000 RM405,000 5.50% 25 Years RM2,487 RM320,000 |
![]() Personal Loan (Year 2016) |
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Loan Amount Interest Rate (Flat/Effective) Tenure Monthly Instalment Current Outstanding Balance | RM60,000 10.88%/18.62% 5 Years RM1,550 RM50,000 |
![]() Credit Card (This Year) |
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Current Outstanding Balance Interest Rate Monthly Instalment 5% on Oustanding Balances |
RM50,000 18% RM2,500 |
Alliance ONE Account |
|
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Current Property Market Value | RM800,00 |
![]() Facility 1 - Home Loan |
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Refinanced Amount from Bank A Margin of Financing (MOF) Interest Rate Tenure Monthly Instalment | RM320,000 40% 4.15% 25 Years RM1,716 |
![]() Facility 2 - Home Loan |
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Outstanding Balances Consolidated Margin of Financing (MOF) Interest Rate Tenure Monthly Instalment | RM100,000 12.5% 5.90% 25 Years RM639 |
Disclaimer: The above information is solely for illustration purposes and is meant to aid the understanding of Alliance ONE Account. All applications will be subject to review and approval by Alliance Bank
Please refer to the product: Disclosure Sheet or associated risks, fees and charges.
Result from the calculations are provided as aguide and do not constitute an offer.
Salaried | Self-Employed |
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Identification Documents:
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Identification Documents:
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