KPR - Take Over

A. Balance Transfer 

The Balance Transfer program refers to a take-over loan of an individual’s mortgage from another bank or developer. Only customers who meet the requirements as stipulated in Bank Danamon’s applicable terms and conditions are entitled to register for this Program, which is valid for either conventional or Sharia products.

Type of Facility

The Balance Transfer program, which accepts take-over from other banks, includes the following facilities:

  1. House Ownership Loans (KPR)
  2. Apartment Ownership Loan (KPA)
  3. Multi-Purpose Credit (KMG)
    1. The minimum installment payment term for other banks is 18 (eighteen) months.
    2. Valid for Take-Over of conventional and Sharia products:
      • House Ownership Loan ready for occupancy
      • Apartment Ownership Loan ready for occupancy
      • House and Apartment Ownership Financing IMBT1)
      • House and Apartment Ownership Financing MMQ2)
      • House and Apartment Ownership Financing Murabaha3)
      • Multi-Use Credit
    3. The building must be 100% (one hundred percent) ready-built status.
    4. The Financial Information Services System (SLIK) must be clear and without any indication of bad credit. 
    5. Maximum age: for entrepreneurs and professionals, 65 years old; and for employees, 55 years old.
    6. Types of collateral applicable for take-over: houses, apartments, shophouses/offices.

Required Documents

The required documents are as follows:

Document

Employee

Entrepreneur

Professional

Sign Application Form

Photocopy of valid National Identity Card (KTP) for husband and wife

Photocopy of Household Membership Card (KK)

Photocopy of Marriage Certificate/Divorce Certificate/Death Certificate

Photocopy of Deed of Separation of Assets (if any)

Photocopy of Tax Identification Card (NPWP)

Loan facility statement

Photocopy of savings/bank statement for the past 3 months

Original copy of salary slip (past 3 months)

Photocopy of Company Registration Certificate (TDP) or Business Permit (SIUP) or other similar business documents

Photocopy of financial statements (past 2 years)*

Photocopy of professional license or professional practice license

*Applies if the applicant is a legal entity/company or if the value amounts to over Rp 5 billion

B. Balance Transfer + Top Up

The Balance Transfer program refers to a take-over loan of an individual’s mortgage from another bank or developer wherein the type of collateral (house/office/apartment) is 100% ready-built status. The loan, which is the amount of the remaining outstanding plus fresh funds, matches the Customer's FTV (Financing to Value) ratio. The Top Up facility is considered as new credit/financing.

Take-Over Simulation

(using the Rupiah currency)

Jenis Pinjaman

Balance Transfer + Top Up

Jumlah Outstanding

Rp342.000.000

Jumlah Pinjaman

Rp 500.000.000

Jumlah Top Up

Rp158.000.000

Tenor

15 Tahun

Suku Bunga

5.65%

Jumlah Cicilan

Rp4.775.374


Simulation of the total number of years, interest paid & remaining installments

TAHUNAN

Tahun

Bunga yang Dibayarkan

Sisa Cicilan

1

Rp39.300.145

Rp481.995.653

2

Rp37.807.730

Rp462.498.890

3

Rp36.191.606

Rp441.386.003

4

Rp34.441.518

RP418.523.029

5

Rp32.546.362

Rp393.764.898

6

Rp30.494.113

RP366.954.518

7

Rp28.271.748

Rp337.921.774

8

Rp25.865.168

Rp306.482.449

9

Rp23.259.102

Rp272.437.059

10

RP20.437.014

Rp235.569.580

11

Rp17.380.998

Rp195.646.085

12

Rp14.071.662

Rp152.413.255

13

Rp10.488.009

Rp105.596.772

14

Rp6.607.301

Rp54.899.580

15

Rp2.404.913

Rp0