MortgageOne Optimizer™ minimises the interest payable and maximises the interest earned.
You'd like to optimise returns from your home loans
- Looking to save more from your home loan?
- Want to earn more money from your deposit accounts?
- Want to link multiple loan accounts to your deposit accounts?
- Looking to gain control and flexibility in managing your funds ?
At Standard Chartered, you can expect to enjoy all these and more!
We open the way for you to enjoy a home loan that reduces your interest payable whilst maximising your interest earnings…
With MortgageOne Optimizer™, you can pay less and save more on your home loan by linking together your multiple home loans and deposit accounts. This revolutionary home loan allows you to offset your loan balances to reduce your interest payout and shorten loan tenures. Giving you total flexibility and control over your multiple account.
How does MortgageOne Optimizer™ work for you ...
Understanding MortgageOne Optimizer™
Mr. Tan and Mrs. Tan have 2 home loans:
a) Home Loan 1 paying 6%p.a. interest rate with 20 years loan tenure
b) Home Loan 2 paying 5.75%p.a. interest rate with 20 years loan tenure
Based on the illustrated scenario of Mr. Tan and Mrs. Tan, they will get to enjoy the following by the end of the loan tenure with MortgageOne Optimizer™:
- SAVED a total interest payout of RM20,583.73
- EARNED a total interest of RM5,403.30
- SHORTENED their loan tenure of 20 years by 9 years and 4 months
MortgageOne Optimizer™ offers Mr. and Mrs. Tan unique benefits
| Flexi Loan | MortgageOne Optimizer™ |
Single loan account |
Links up to 6 loan accounts (except Fixed Deposits) |
| Single account to offset loan principal | Allows multiple deposit accounts to be linked to offset loan principal |
| No charges for any prepayment or withdrawal without notification | No charges for any prepayment or withdrawal without notification |
| Withdrawal via cheque or ATM |
Withdrawal mode dependent on the type of deposits account(s) linked |
| Deposits in excess of loan amount are non- interest bearing |
Deposits in excess of loan amount placed into highest interet earning deposit account within profile |
Case Studies…
We designed the following case scenarios to help you visualise the interest savings and loan tenure reduction you are able to obtain with MortgageOne™.
| 1. Buying your first home | |
| 2. Upgrading to a bigger home | |
| 3. Refinancing your home | |
| 4. Investing in property |
What You Can Do Next...
- Find out more about the MortgageOne™ Graduated Payment Plan that offers the flexibility
of paying more as you earn more. - Find out more about the MortgageOne™ Low Start Plan that offers interest servicing only
during the first 2 years of your loan, even for completed properties. - Find out about eligibility requirements and documentation needed here.
- Apply Now. Click here to download our Application Form. Please visit your nearest branch to
submit your completed form.
*Terms and conditions apply