Floating Rate HDB Bank Loans

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Receive $50 Or $100 TANGS GIFT VOUCHER (Min $500K) When You Get A Loan Through Us !

You get the same rates and submit your docs directly to the bank, not to us. Plus you get special rates from our partner law firms which is the lowest in market! So why not hear our views — which loan is the best?  Find out why you should use a mortgage broker.

* terms apply

 

 

See Also Our Top 10 Packages For :
Private Property Completed (Floating Rates) | Private Property Completed (Fixed Rates) | Private Property BUC
HDB Property Completed (Fixed Rates)

18-Sep-2017LOAN PEG+/-   INT   AVE 
Yr 1Yr 2Yr 3Yr 4(On)Yr 1Yr 2Yr 3Yr 4(On)Ave 3yrs
new purchase housing loanBOARD -3.173.173.102.251.331.331.402.251.35Click to Apply
new purchase housing loanFDMR36 +0.080.180.280.691.281.381.481.891.38Click to Apply
new purchase housing loan15FDPR +1.151.251.251.251.401.501.501.501.47Click to Apply
new purchase housing loan15FDMR +1.151.251.251.251.401.501.501.501.47Click to Apply
new purchase housing loanFHR9 +1.151.251.251.251.401.501.501.501.47Click to Apply
new purchase housing loan48FDR +0.980.980.981.081.481.481.481.581.48Click to Apply
new purchase housing loanBOARD -3.053.052.851.251.451.451.653.251.52Click to Apply
new purchase housing loan1M SIBOR +0.550.550.650.651.551.551.651.651.58Click to Apply
new purchase housing loan1M SIBOR +0.550.650.650.651.551.651.651.651.62Click to Apply
new purchase housing loan1M SIBOR +0.520.650.750.751.521.651.751.751.64Click to Apply
new purchase housing loan1M SIBOR +0.680.680.680.881.681.681.681.881.68Click to Apply
new purchase housing loan3M SIBOR +0.580.580.580.881.701.701.702.001.70Click to Apply
india bank housing loan3M SIBOR +0.800.800.801.001.921.921.922.121.92Click to Apply
new purchase housing loan3M SIBOR +0.850.850.851.001.971.971.972.121.97Click to Apply
new purchase housing loan3M SIBOR +0.900.900.901.752.022.022.022.872.02Click to Apply
new purchase housing loan1M SIBOR +1.101.151.751.752.102.152.752.752.33Click to Apply

*Note the following :

  • Loan Peg tells you the benchmark used for the package, typically SIBOR or FDR. The bank then either add (a spread or markup) or subtract (a discount margin) from this peg to derive the final INT (interest) for the borrower.
  • SIBOR (Singapore Interbank Offer Rate) is updated weekly (see bottom of our Home page) based on rates published on ABS website which is 7 days after (from 1 Oct 2015)
  • FDR refers to Fixed Deposit Rate home loans where the mortgage interest is pegged to the FD (fixed deposit) interest of a particular tranche (eg. 9M, 15M, 18M, 36M, 48M) chosen and re-defined by the bank from time to time.  Different banks call it by different names like DBS FHR, OCBC FDMR, UOB FDPR, etc.  Do refer to our blog for more information on FDR home loans.

 

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Our Loan Comparison Report shows you all that you need to know about the packages above including lock-in period, penalty, availability of legal subsidy & how much, etc. Request for a free copy today!

The HDB bank loans above are sorted and ranked in order of the lowest average interest rate in the first 3 years. Three-year average interest is used as an basis for evaluation as most borrowers can refinance or switch to a different bank after this period without incurring any penalty or clawback of legal fee subsidy (if applicable).

Going with this lowest average rate may or may not be the best choice for you as everyone’s needs and circumstances are different. Some people might want to look at 2 years’ average with a view to sell the property and exit the market. Also different banks’ packages have different features which might interest or be of value to some for example single rate (or infinity rate), free switching of interest period, fixed instalment period, low re-pricing fee, or even a mortgage-linked savings account that pays the same deposit interest as your HDB bank loan interest rate.  Speak to an experienced mortgage broker today who can walk you through and look at the total value proposition.

Request Detailed Loan Comparison Report Now! Click button >

 

See Also Our Top 10 Packages For :
Private Property Completed (Floating Rates) | Private Property Completed (Fixed Rates) | Private Property BUC
HDB Property Completed (Fixed Rates)

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