best housing loan in Singapore?????
-
IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here. The OTHER forum is HERE so please stop asking.
Which is the best housing loan in Singapore?
- Thread starter susanscott1980
- Start date
The Most Popular Local Housing Loan Now
Well, the most cheapest loan packages now are those that prices loan interest with Sibor 1-mth + premium and the most popular packages have an added feature that give you the flexibility to switch across SIBOR tenures; eg 1-mth, 3-mth 6-mth or 12-mth.
In a peaceful market short-term Sibor rates (eg 1-mth, 3-mth) are usually lower than long term, just like bank fixed deposits; the longer the maturity, the higher the interest.
When money supply is tight during market crash, it will be vice-versa (short-term is more expensive). This is where such loan packages can be helpful because the interest rate yield curve goes crazy during market meltdown; damage will be limited because you can at least re-peg to the cheapest SIBOR tenures.
Last edited:
You want to loan a house for how long ?
Why you don't go find yourself, go visit the bank's website la... Stop being lazy.
First, you need to check the loan amount you are looking for, because getting a bank loan will mean a legal fees subsidy. I went with DBS Bank as it is one of Singapore's largest housing loan providers and is rated better than most. They offer best rates, along with customized packages that take care of individual needs. I am happy with the service provided and I feel the bank is very reliable; you can visit their website for further information.
Similar threads
