49 results for 'bank-loan'
30 Sep 2024 • Home Financing
Housing Loan in Singapore: How Much Must You Pay Upfront for HDB vs Private Property?
Your upfront costs, which includes the amount of downpayment you have to pay via CPF and/or cash will depend on your home loan and type of property purchase. Here is what you can expect to pay.
3 Sep 2024 • Buying
HDB Lawyer Fees and Other 'Hidden' Payments You Need to Know When Buying a Resale Flat in Singapore (2024)
Besides HDB legal fees and down payment, what else goes into the HDB resale process? We break down the various HDB resale fees and walk through the resale HDB process via the HDB Flat Portal.
22 Aug 2024 • Home Financing
Loan-To-Value Ratio (LTV) For Singapore Property in 2024: A Complete Guide
The Loan-to-Value ratio (LTV) determines how much you can borrow from HDB or banks when you take a property loan. The August 2024 property cooling measures in Singapore saw the LTV for HDB-granted loans lowered to 75%.
15 Aug 2024 • Home Financing
How to Plan Your Property Budget in Singapore and Determine Loan Eligibility in 4 Steps
If you're planning to purchase a property in Singapore, here are 4 easy steps to plan your budget, determine mortgage affordability, and calculate your loan eligibility.
2 Apr 2024 • Home Financing
The Best Way to Lower Your Mortgage Payments: 6 Top Reasons to Refinance Your Home Loan (2024)
Want to lower your mortgage payments in Singapore? Review your home loan and make sure your mortgage is in shape. Here are 4 benefits of refinancing your home loan and why you should refinance in 2024.
15 Mar 2024 • Home Financing
Here's How Much Salary You Need to Buy a Condo in Singapore (2024)
"How much salary to buy a condo in Singapore?" is a top question most often ask. To find out how to afford a condo in Singapore, we break down condo eligibility, downpayment, and how to get a bank loan in 2024.
15 Mar 2024 • Home Financing
How to Get an IPA from a Bank in Singapore: 3 Easy Steps (2024)
Knowing how to get an IPA from a bank in Singapore is important if you are applying for a bank loan to finance your property. Here are 3 steps on how to secure an In-Principle Approval (IPA).
3 Mar 2023 • Home Financing
Refinancing Your Home Loan In Singapore: 3 Reasons Why Lock-In Periods Aren’t Always Bad
Intending to refinance your home loan in Singapore? Then you'll want to check your lock-in period. Lock-in period is a set number of years during which you are unable to redeem your house loan, including refinancing and/or selling your home. This isn't necessarily a terrible thing, though. Here are 3 reasons why.
1 Mar 2023 • Home Financing
Cash, CPF, or Both? 5 Singaporean Households Share How They're Paying Off Their Mortgage
In a high interest rate environment, should you use cash, CPF, or both to service your mortgage? We ask 5 Singaporean households how they're paying off their home loan, while grappling with this rising interest rate environment.
1 Mar 2023 • Home Financing
Fixed Rate Home Loans in 2023: A Way to 'Escape' Rising Interest Rates?
Interest rates continue to climb in 2023. The US Fed Funds rate could reach 5.25% to 5.50% this year. Fixed rate home loans guarantee a fixed rate for 2 to 5 years, which could be preferable for those who want a fixed monthly mortgage payment. See if a fixed rate home loan is the right choice for you.