What is Maybank's refinance rate in 2026?

Maybank's refinance rates start from 4.35% p.a. as of February 2026 for conventional home loans. Maybank Islamic (Shariah-compliant) financing is also available at competitive rates. Your actual rate depends on your credit profile, loan-to-value ratio, income stability, and whether you're an existing Maybank customer. Maybank uses a Base Rate (BR) system set by BNM, currently at 3.25%.

Can I refinance from CIMB to Maybank?

Yes, you can refinance from CIMB (or any other Malaysian bank) to Maybank. Maybank will settle your existing CIMB loan and issue a new loan at Maybank's rates. This is a standard process that takes 2-3 months. As Malaysia's largest bank, Maybank handles a high volume of refinancing from other banks. A broker can help compare if switching makes financial sense after factoring in all costs including any early settlement penalty from CIMB.

Does Maybank offer cash-out refinancing?

Yes, Maybank offers cash-out refinancing through their MaxiHome product. You can refinance up to 90% of your property's current market value (for first 2 properties) and receive the difference between the new loan and your outstanding balance as cash. For example, if your property is valued at RM800,000 and you owe RM500,000, you could potentially cash out up to RM220,000 (at 90% LTV). Use our cash-out calculator to estimate your amount.

What is Maybank's lock-in period for refinancing?

Maybank's lock-in period is typically 3-5 years depending on the loan package. If you fully settle or refinance to another bank within this period, you'll incur an early settlement penalty of 2-3% of the outstanding loan amount. For example, on a RM400,000 balance, the penalty could be RM8,000-RM12,000. After the lock-in period expires, you can refinance freely. Always confirm the exact lock-in period with your loan officer before signing.

How long does Maybank refinancing take?

The entire Maybank refinancing process typically takes 2-3 months from application to disbursement. Breakdown: document submission and credit assessment (1-2 weeks), property valuation (1-2 weeks), loan approval (2-4 weeks), legal documentation (3-5 weeks), and final disbursement (1-2 weeks). Maybank processes a high volume of applications, so processing may occasionally be slower during peak periods. Existing Maybank customers may experience faster processing.

What documents does Maybank need for refinancing?

Salaried employees need: MyKad, latest 3 months payslips, latest 6 months bank statements (with salary crediting), EA form/tax return, existing loan statement, and property documents (S&P, title). Self-employed applicants need: SSM registration, 2 years tax returns (Form B/BE), 6 months business bank statements, and business profile. Having your salary credited to a Maybank account can speed up the process.

Can I use Maybank HouzKey for refinancing?

HouzKey is Maybank's rent-to-own programme, not a traditional refinancing product. It's designed for new property purchases where you rent the property from Maybank with an option to buy later. If you're looking to refinance an existing loan, you'd use Maybank's standard home loan products (MaxiHome or Maybank Islamic). However, if you're struggling to qualify for traditional refinancing, HouzKey could be an alternative path to homeownership for a new property.

What is the difference between Maybank conventional and Islamic refinancing?

Maybank conventional home loans use an interest-based structure (Base Rate + spread), while Maybank Islamic financing uses Shariah-compliant concepts like Tawarruq (Commodity Murabahah). Both offer similar rates and features. The key differences: Islamic financing has a fixed ceiling rate (maximum rate cap), while conventional rates can theoretically rise without limit. Islamic financing profits are also exempt from certain tax implications. Many Malaysians prefer Islamic financing for the ceiling rate protection.

Does Maybank charge legal fees for refinancing?

Yes, refinancing with Maybank involves legal fees typically ranging from 0.4% to 1% of the loan amount. These cover the preparation of the loan agreement, discharge of charge from your existing bank, and registration of the new charge. During promotional periods, Maybank may offer to absorb legal fees, valuation fees, or stamp duty. Always ask about ongoing promotions when you apply.

Can I refinance my Maybank loan with Maybank (same bank)?

Yes, existing Maybank customers can do internal refinancing, also called repricing. This is often faster (2-4 weeks) and cheaper than switching banks, as it typically doesn't require new legal documentation, valuation, or stamp duty. Contact your Maybank branch or relationship manager to discuss repricing options — you may be offered a better rate to retain your business, especially if you have a good repayment track record.

What is Maybank's maximum DSR for refinancing?

Maybank's maximum DSR (Debt Service Ratio) is generally 70% for most applicants. However, this can be flexible — high-income applicants (above RM10,000/month) may qualify with a higher DSR, while applicants with lower income may face stricter limits. Your DSR is calculated as: (total monthly debt commitments ÷ gross monthly income) × 100%. Use our DSR calculator to check your eligibility before applying.

Can foreigners refinance with Maybank?

Maybank accepts refinancing applications from selected foreigners, including permanent residents (PR), MM2H visa holders, and expats with valid employment passes. Foreigners typically receive a lower financing margin (60-80% LTV compared to 90% for Malaysians) and may face higher minimum income requirements. PR holders generally have better approval chances than non-resident foreigners. Documentation requirements include a valid passport, employment pass, and employment contract.

Maybank Refinance Home Loan Calculator 2026

Maybank Refinance Interest Rates 2026

Rate From

4.35%

p.a.

Base Rate (BR)

5.81%

Current

Spread

-2.16%

to -1.46%

Loan Details

Min Loan: RM100,000
Max Loan: RM10,000,000
Max Tenure: 35 years
Max LTV: 90%

Fees & Penalties

Processing Fee: 0%
Lock-in Period: 3-5 years
Early Settlement: 2-3%

Maybank Refinance Home Loan Calculator: How Much Can You Save?

Scenario 1: Standard Refinance (RM500k property)

RM500k property, RM300k outstanding, 30 years remaining

Current Bank (4.80%)

Outstanding LoanRM300,000

Interest Rate4.80%

Monthly PaymentRM1,576

Maybank (4.35%)

Refinanced LoanRM300,000

Interest Rate4.35%

Monthly PaymentRM1,490

Your Estimated Savings

RM86/month

RM30,960 total over 30 years

Scenario 2: Cash-Out Refinance (RM800k property)

RM800k property, RM500k outstanding, 25 years remaining — refinance at 80% LTV to cash out RM140k

Property Value

RM800,000

New Loan (80% LTV)

RM640,000

Cash Out Amount

RM140,000

New Monthly Payment (RM640k at 4.35%, 25 years)RM3,493

Note: Cash-out refinancing increases your total loan amount. Ensure the cash-out serves a productive purpose (renovation, debt consolidation, investment) and that the new monthly payment fits comfortably within your budget.

Calculate Your Exact Savings Check If You Qualify (DSR)Calculate Cash-Out Amount

Is Maybank Good for Refinancing? Honest Review

Maybank is Malaysia's largest bank with extensive branch network and established mortgage operations. Here's our honest assessment:

Pros

Competitive rates — among the lowest in market at 4.35%
MaxiHome flexibility — cash-out, top-up, and flexi features available
Largest branch network — convenient for document submission
Existing customer benefits — better rates for current Maybank customers
HouzKey / M2Own — unique rent-to-own alternatives for new purchases

Cons

Processing can be slow — large volume means longer queues
Stricter approval criteria — higher income requirements for best rates
3-5 year lock-in — longer lock-in than most competitors (3 years)
Variable service quality — experience varies by branch

Best For:

Existing Maybank customers with salary crediting. Also ideal for those who value brand stability, need cash-out options, or prefer dealing with Malaysia's largest bank. If you're already a Maybank customer, you may get preferential rates. Maybank Premier and Privilege customers get priority processing.

Who Gets Approved? Maybank Refinance Eligibility

Citizenship

Malaysian citizens, PRs, and selected foreigners

Age

18 – 65 years old (at loan maturity)

Min Income

RM3,000/month (may vary by product)

Loan Type

Conventional & Islamic (Maybank Islamic)

Property

Residential and selected commercial

Max DSR

70% (flexible for high-income applicants)

Max LTV

Up to 90% (1st & 2nd property)

Credit Record

Clean CCRIS/CTOS record

Check your eligibility with our DSR Calculator

Higher Approval Chances

- Income above RM5,000/month
- Existing Maybank customer with salary crediting
- Property in high-demand areas (Klang Valley, Penang, JB)
- Low existing debt commitments (DSR below 50%)
- Employed with established company or government
- Maybank Premier or Maybank Privilege customer

May Face Challenges

- Self-employed less than 2 years
- Properties in less popular areas
- DSR above 70%
- Recent late payments on CCRIS
- Foreigners without valid employment pass or PR

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Maybank vs Other Banks — Refinance Comparison 2026

Bank	Rate (%)	Lock-in	Islamic	Special
★ Maybank	4.35	3-5 yrs	Yes	HouzKey / M2Own
CIMB	4.35	3 yrs	Yes	FlexiHome
Public Bank	4.22	3 yrs	Yes	—
Bank Islam	3.80	3 yrs	Only	—
StanChart	3.90	3 yrs	No	Cashback
RHB	4.10	3 yrs	Yes	My1 Loan

* Rates as of February 2026. Subject to change based on credit profile. Compare all 14 banks' rates →

Maybank HouzKey & M2Own: Rent-to-Own Alternatives

HouzKey (Rent-to-Own)

Maybank buys the property and rents it to you. You can exercise your option to purchase at a pre-agreed price within the rental period.

No down payment required (0% deposit)
Try before you buy — live in the property first
Part of rent contributes to purchase price

Best for: First-time buyers who can't afford a large down payment or don't qualify for traditional financing.

Full HouzKey Guide

M2Own (My 2nd Home)

Similar rent-to-own concept designed for those looking at a second property or who want to upgrade from their current home.

Available for second property purchases
Flexible purchase option within rental period
Test the neighbourhood before committing

Note: HouzKey and M2Own are for new purchases, not refinancing existing loans. If you're looking to refinance, use Maybank's standard MaxiHome or Islamic home financing products instead.

Hidden Costs & Fees to Watch

Early Settlement Penalty

2-3% of outstanding balance if settled within 3-5 year lock-in period. On a RM400,000 loan, this could be RM8,000-12,000.

Legal Fees

Typically RM2,000 - RM5,000. Some promotional packages may absorb this cost. Always confirm with your loan officer.

Valuation Fee

RM300 - RM1,000 depending on property value. Required for bank to assess current market value.

Stamp Duty

0.5% of loan amount. May be exempted for first-time buyers or under RM500k.

MRTA/MLTA Insurance

While optional, many banks strongly encourage this. Can add RM5,000-20,000 to your loan amount depending on coverage. Compare standalone policies for potentially better rates.

How Fast is Maybank Refinance Processing?

Day 1

Document Submission

Submit complete application with all required documents

1-3 days

Initial Assessment

Bank reviews application and checks CCRIS/CTOS

1-2 weeks

Property Valuation

Appointed valuer inspects and values your property

2-4 weeks

Credit Approval

Underwriting team reviews and approves loan

3-5 weeks

Letter of Offer

Receive and sign loan offer letter

4-8 weeks

Legal Documentation

Lawyer prepares and processes loan documents

6-10 weeks

Disbursement

Funds released, old loan settled, refinance complete

Pro Tip: To speed up processing, ensure all documents are complete and certified copies ready. Existing Maybank customers with salary crediting may experience faster approval times.

Maybank Refinancing Process (6 Steps)

Timeline: Typically 2-3 months from application to disbursement

Check Eligibility & Calculate Savings

Use our DSR calculator to check if you qualify and our refinance calculator to estimate your monthly savings. Factor in any early settlement penalty from your current bank.

Prepare & Submit Documents

IC, salary slips (3 months), bank statements (6 months), EA form, existing loan statement, and property documents. Apply at any Maybank branch, via Maybank2u, or through our free comparison service.

Credit Assessment & Property Valuation

Maybank runs credit checks (CCRIS/CTOS) and arranges property valuation by an appointed valuer. Takes 1-3 weeks. Existing Maybank customers may get faster processing.

Loan Approval & Letter of Offer

Maybank issues Letter of Offer within 2-4 weeks. Carefully review the rates, lock-in period (3-5 years), fees, and all terms before accepting.

Legal Documentation

Appointed lawyer prepares loan agreement and handles mortgage documentation including discharge of charge from your current bank. Takes 3-5 weeks.

Disbursement & Settlement

Maybank settles your existing bank loan directly. Cash-out amount (if any) is credited to your Maybank account. Refinance complete!

Direct to Maybank	Through Our Specialists
One bank only	Compare 15+ banks
Standard approval process	Higher approval rate
You handle all paperwork	We manage everything
Limited rate negotiation	Access to special rates
If rejected, start over	We match you to right bank

Maybank Refinance Home Loan Malaysia 2026

Maybank Refinance at a Glance

Maybank Refinance Interest Rates 2026

Maybank Refinance Home Loan Calculator: How Much Can You Save?

Scenario 1: Standard Refinance (RM500k property)

Current Bank (4.80%)

Maybank (4.35%)

Scenario 2: Cash-Out Refinance (RM800k property)

Is Maybank Good for Refinancing? Honest Review

Pros

Cons

Who Gets Approved? Maybank Refinance Eligibility

Higher Approval Chances

May Face Challenges

Dapatkan Kadar Terbaik Untuk Anda

Maybank vs Other Banks — Refinance Comparison 2026

Maybank HouzKey & M2Own: Rent-to-Own Alternatives

HouzKey (Rent-to-Own)

M2Own (My 2nd Home)

Hidden Costs & Fees to Watch

Early Settlement Penalty

Legal Fees

Valuation Fee

Stamp Duty

MRTA/MLTA Insurance

How Fast is Maybank Refinance Processing?

Document Submission

Initial Assessment

Property Valuation

Credit Approval

Letter of Offer

Legal Documentation

Disbursement

Maybank Refinancing Process (6 Steps)

Check Eligibility & Calculate Savings

Prepare & Submit Documents

Credit Assessment & Property Valuation

Loan Approval & Letter of Offer

Legal Documentation

Disbursement & Settlement

Maybank Refinance Home Loan — Frequently Asked Questions

Compare Other Banks

CIMB Refinance

RHB Refinance

Public Bank Refinance

Standard Chartered

UOB Refinance

All Bank Rates

Why Use a Broker Instead of Applying Direct?

Ready to Refinance with Maybank?