Regardless of whatever bank you take your loan with, we get paid a flat fee by our partner banks. As a result, we can provide you with unbiased guidance.

Are you planning on selling the house in a few years? This is a crucial consideration since it decides whether a fixed or fluctuating interest rate is best for you. Because Singapore interbank rates are so closely linked to US fed rates, a fixed rate loan could be a good way to protect yourself from rate hikers in the near future. Fixed-rate loans, on the other hand, usually includes lock-in periods, and if you pay off the loan before the lock-in term is up, you’ll be penalized.

For financing up to 75%, the maximum loan tenure for HDB loans is 25 years or until the age of 65, whichever comes first. For financing of up to 55%, the maximum loan term is 30 years. There is a pre-set matrix for private residential properties. If (1) the loan term does not exceed 30 years and (2) the age at the end of the loan tenor does not exceed 65, you can borrow up to 75% for your first private home loan. The maximum loan tenor is 35 years for financing up to 55% on the first private residentail loan.

Our knowledgeable Mortgage Specialist will assess your current interest rate package and make recommendations for the best refinancing choices for you.