46 results for 'mortgage-rates'
21 Mar 2023 • Home Financing
Here's How Much You Need to Earn to Buy a Condo in Singapore (2023)
In this article, we work backwards to find out how much buyers need to earn to afford a private condo. According to the Ministry of Manpower, the official median salary for Singaporeans was $5,070 in 2022. With this earning power, is buying a condo or private property within reach?
15 Mar 2023 • Home Financing
How This Condo Owner Scored Monthly Mortgage Savings by Learning to Manage His Home Loan
Whether you're refinancing or repricing your home loan, learning to take an active hand in managing your mortgage is important. Read how Creative Director and condo owner Rizky Budiyanto, 38, used the SmartRefi tool and got help from PropertyGuru Finance Mortgage Experts to score a more competitive mortgage package.
1 Mar 2023 • Home Financing
Ready to Refinance Your Home Loan this Mortgage Makeover Month? Take Our Quiz to Find Out
How ready are you to refinance your home loan? Take our interactive quiz to find out. Head down to PropertyGuru's Mortgage Makeover Month event on 25 March 2023 to speak to our Mortgage Experts and learn how to best manage your mortgage.
1 Mar 2023 • Home Financing
Interest Rates Are Expected to Increase Further In 2023: How This Affects Your Mortgage in Singapore
The current high interest rate environment has seen increases in the monthly mortgage payments for homeowners in Singapore servicing their property with floating rate bank loans. Learn what we can expect of Singapore mortgage rates in 2023.
8 Feb 2023 • Home Financing
How to Identify Your Mortgage Goals in 2023 and Plan for the Year Ahead
What defines the best mortgage in Singapore: the lowest interest rate? From a reputable bank? Most attractive bank promotion? Possibly, but first, you'll need to identify and evaluate your mortgage goals. Here are 5 factors to consider.
16 Jan 2023 • Home Financing
5 Ways To Manage Your Mortgage If You Lose Your Job (2023)
With such economic uncertainty still lingering, many are wondering how they would cope with their mortgage repayments if they are forced to take a pay cut, or worse, lose their job. Here are 5 things you can do if you find yourself in such difficulty.
3 Jan 2023 • Home Financing
HDB HLE Application: 6 Important Things HDB Flat Buyers Need to Know About HDB Loan Eligibility in Singapore
Learn the HDB HLE application process, HDB loan eligibility and how you can apply for an HDB loan in Singapore. For easy reading, we've summarised the information into 6 important points.
27 Oct 2022 • Home Financing
HDB Loan Vs Bank Loan: Which Should You Take? 5 Key Differences to Consider (2023)
HDB loan vs bank loans, which should you pick? Here are the 5 key differences to consider before making a decision on financing your HDB flat in Singapore. For example, the HDB loan interest rate is 2.6% and unchanged since 1999.
26 Oct 2022 • Home Financing
What is a Bridging Loan? 4 Things to Consider Before Getting One
Bridging loans are a loan you can possibly take when you’re waiting to receive the sales proceeds from your old property but need to pay the downpayment on your new one. Learn all about bridging loans in Singapore and 4 things to consider before taking one.
3 Oct 2022 • Home Financing
What Is Mortgage Servicing Ratio (MSR)?
The Mortgage Servicing Ratio (MSR) in Singapore caps the amount that may be spent on mortgage repayments to 30% of a borrower’s gross monthly income. It applies to HDB flats and executive condominiums (ECs) bought from developers.