Savings Account
MortgageOne™, Malaysia's Preferred Home Loan Solution
You prefer a home loan with the flexibility to save you time and money
- Looking to save thousands of ringgits in interest on a home loan?
- Want a loan that is flexible and gives you access to funds in case of emergency?
- Want to use your deposits to save on interest charges?
- Want the flexibility to turn the equity in your home into money you
can invest when an
opportunity arises? - Want the flexibility to choose your repayments in line with your financial commitments?
At Standard Chartered, you can expect to enjoy all these and more
We give you the capability to pay off your loan in half the time at half
the cost ….
With Standard Chartered MortgageOne™, your savings, current, home loan and deposits are all rolled into one account. By doing so, any deposits made into this account goes into reducing your loan outstanding.
When the loan outstanding is lower, the interest paid on the loan is also lower. As each ringgit goes into repaying your loan rather than repaying interest, you can expect to trim off years on your mortgage period!
How our MortgageOne™ works for you …
Your benefits
- Funds available for redraw for any purposes
- Easy repayment options
- Take a payment holiday
- Interest calculated on daily balances
- Reduce interest charges
Comparison between MortgageOne™ and a traditional Home Loan
Example :
Loan Amount : RM 250,000
Loan Period : 20 years
| MortgageOne™ | Traditional Home Loan | |
| 1st Year | 1.5% | 5.75% |
| 2nd Year | 6.25% | 5.75% |
| 3rd Year | 6.25% | 5.75% |
| 4th Year | 6.25% | 5.75% |
| Thereafter | 5.5% | 5.25% |
| MortgageOne™* | Traditional Home Loan | |
| Monthly Instalment | RM 1,206 | RM 1,755 |
| Total Interest Payable | RM 137,353 | RM 161,515 |
| Loan Tenure | 16.2 years | 20 years |
*Based on prepayment of RM 500 per month
 |
*Based on prepayment of RM 500 per month
| Amount in Ringgit Malaysia (RM ) | |||||
| Prepayment Monthly |
100 | 200 | 300 | 400 | 500 |
| Monthly Instalment |
1206 | 1206 | 1206 | 1206 | 1206 |
| Total Interest Payable |
153,811 | 137,353 | 123,975 | 112,862 | 103,468 |
| Interest Savings | 7,704 | 24,162 | 37,540 | 48,653 | 58,047 |
| Number of Years | |||||
| Loan Tenure Shortened by |
2.3 | 3.8 | 5 | 6.1 | 7 |
MortgageOne™ 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 MortgageOne Optimizer™ and how it can help you invest in property with
the privilege of minimising interest payable. - 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 more about the MortgageOne™ Graduated Payment Plan that offers the flexibility of
paying more as you earn more. - 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