Refinance your home loan
Refinancing moves your loan to a new package, to get a lower rate, switch between flexi types, convert to Islamic financing, or cash out equity for renovation or other needs.
Before you switch, check your current loan’s lock-in period and penalty, and add up the new legal, valuation and stamp duty costs. Some banks discount stamp duty when you convert from conventional to Islamic.
- Packages
- 30
- Banks
- 16
- Lowest published rate
- 3.55%
- Base rate (SBR)
- 2.75%
| Bank / package | Rate | Lock-in | Margin |
|---|---|---|---|
| Bank IslamWahdah Home Refinancing-iIslamic | 3.55%As low as SBR + 0.80% | None | 90% |
| BSNBSN MyHome-iIslamicSemi flexi | 3.65%From SBR + 0.90% (tiered by amount) | None | 95% |
| Affin BankAFFIN Home Flexi PlusConventionalFull flexi | 3.95%SBR + 1.20% (PDS illustration) | None | 90% |
| Affin BankAFFIN Home Solution PlusConventionalSemi flexi | 3.95%SBR + 1.20% (PDS illustration) | None | 90% |
| Alliance BankAlliance FlexLink Home Financing-iIslamicFull flexi | 4.11%SBR + 1.36% (bank example) | — | 90% |
| Bank RakyatHome Financing-iIslamicTerm (non-flexi) | 4.20%SBR + 1.45% (RM300k and above) | None | 95% |
| Bank RakyatHome Mortgage Suite-iIslamicTerm (non-flexi) | 4.20%SBR + 1.45% (RM300k and above) | None | 120% |
| Kuwait Finance House MalaysiaIjarah Muntahiah Bi Tamlik Home Financing-iIslamic | 4.20%SBR + 1.45% (refinance, PDS); ceiling 12% | None | 95% |
| MBSB BankStandard Home Financing-iIslamic | 4.20%Indicative effective rate (bank example); ceiling 11% | None | 90% |
| Affin BankAFFIN Flexi SaveConventionalFull flexi | 4.28%SBR + 1.53% (PDS illustration) | None | 90% |
| Affin BankAFFIN Home Flexi Plus-iIslamicSemi flexi | 4.30%SBR + 1.55% (PDS illustration) | None | 90% |
| Affin BankAFFIN Home Invest-iIslamicSemi flexi | 4.30%SBR + 1.55% (PDS illustration); ceiling 10% | None | 90% |
| CIMBCIMB HomeFlexi SmartConventionalFull flexi | 4.30%SBR + 1.55% (CIMB illustration) | — | 95% |
| UOB MalaysiaHome Financing-iIslamicSemi flexi | 4.36%SIBR + 1.61% (PDS illustration); ceiling-capped | — | 95% |
| UOB MalaysiaIntelligent Home LoanConventionalSemi flexi | 4.36%SBR + 1.61% (PDS illustration) | — | 95% |
Bank Islam
Wahdah Home Refinancing-i3.55%
Islamic· Lock-in None · Margin 90%
BSN
BSN MyHome-i3.65%
IslamicSemi flexi· Lock-in None · Margin 95%
Affin Bank
AFFIN Home Flexi Plus3.95%
ConventionalFull flexi· Lock-in None · Margin 90%
Affin Bank
AFFIN Home Solution Plus3.95%
ConventionalSemi flexi· Lock-in None · Margin 90%
Alliance Bank
Alliance FlexLink Home Financing-i4.11%
IslamicFull flexi· Lock-in — · Margin 90%
Bank Rakyat
Home Financing-i4.20%
IslamicTerm (non-flexi)· Lock-in None · Margin 95%
Bank Rakyat
Home Mortgage Suite-i4.20%
IslamicTerm (non-flexi)· Lock-in None · Margin 120%
Kuwait Finance House Malaysia
Ijarah Muntahiah Bi Tamlik Home Financing-i4.20%
Islamic· Lock-in None · Margin 95%
MBSB Bank
Standard Home Financing-i4.20%
Islamic· Lock-in None · Margin 90%
Affin Bank
AFFIN Flexi Save4.28%
ConventionalFull flexi· Lock-in None · Margin 90%
Affin Bank
AFFIN Home Flexi Plus-i4.30%
IslamicSemi flexi· Lock-in None · Margin 90%
Affin Bank
AFFIN Home Invest-i4.30%
IslamicSemi flexi· Lock-in None · Margin 90%
4.30%
ConventionalFull flexi· Lock-in — · Margin 95%
UOB Malaysia
Home Financing-i4.36%
IslamicSemi flexi· Lock-in — · Margin 95%
UOB Malaysia
Intelligent Home Loan4.36%
ConventionalSemi flexi· Lock-in — · Margin 95%
Rates are the figures each bank publishes; “On request” means it doesn’t publish one. Estimate only — the bank decides the final rate and approval.
Rates shown are the examples or “as low as” figures each bank publishes on its product page or Product Disclosure Sheet; “On request” means the bank doesn’t publish one. Your actual rate depends on your profile, loan size and lock-in, and is set when you’re approved.Checked 22 October 2026. EstateBuds doesn’t give financial advice; confirm terms with the bank before applying.
Questions people ask
Which banks offer refinance your home loan?
16 banks: Bank Islam, BSN, Affin Bank, Alliance Bank, Bank Rakyat, Kuwait Finance House Malaysia, MBSB Bank, CIMB, UOB Malaysia, OCBC Malaysia, Bank Muamalat, Hong Leong Bank, Maybank, Public Bank, RHB, Standard Chartered Malaysia.
What is the lowest published rate for refinance your home loan?
3.55% for Bank Islam Wahdah Home Refinancing-i (As low as SBR + 0.80%). 10 of 30 packages don’t publish a rate.
When does refinancing make sense?
When the monthly saving covers the switching costs within a reasonable time and you are out of your current lock-in. Use the refinance calculator to find the break-even point.