Did you know that you can consolidate your car hire purchase loan and any other loans you have under your Citibank Home Loan?

For example, say you have a home loan of RM300,000 with a current interest rate of 5%, a car loan of RM100,000 with a current interest rate of 3%, and a personal loan of RM20,000 at an interest rate of 15%.

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You can consolidate all your debts under your home loan with Citibank’s Flexi Home Loan. Let’s see the difference in repayments after consolidation and a lower interest rate of 4.2%.

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As you can see, in this situation you’ll end up with a cashflow savings of RM805.91. That’s quite a bit of money. If you plough that back into your repayments to match your original RM5,098.24 monthly repayments, you can cut down your loan length of 120 months to just 97 months – that’s almost two years saved, which results in even more interest savings.

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In the end, compared with your original total repayment amount of RM531,383.77, you’ve cut it down to RM496,339.31 while maintaining the same amount of repayment monthly. That’s a savings of RM35,044.46. Or you can take advantage of the extra cashflow each month and still save about RM16,303.96 by paying back RM515,079.81.

Make an appointment with a Citibank Home Loan Specialist now to find out more, and there’s even a promotion right now where with each consultation session, you’ll get a free car wash. Terms & conditions apply.

Figures quoted above are for illustration purposes only.

The loan approval is subject to the Bank’s credit review.

The rates on this loan may change according to the changes in Base Lending Rate (BLR).

This is an advertorial for Citibank.