Asked by Ms. Jace Lim
What is the HDB and bank loan interest rate at this moment?
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1 Answer
Hi Jace,
The HDB concessionary interest rate is pegged at 0.1 percentage point above the prevailing CPF interest rate.
HDB Concessionary Interest Rate:
Jul 2013 - Sep 2013 : 2.60% p.a.
Oct 2013 - Dec 2013 : 2.60% p.a.
Just do the maths!
Bank loan is dependent on the current SIBOR / SOR rates, complicated by a fixed or floating interest rate and lock-in tenure, I strongly suggest seeking a banker for more information as there are far too many for a fair comparison.
In case of more queries on your housing needs, feel free to contact me at 93530099 .
Happy to assist you.
Thank you.
Regards
James Read More
The HDB concessionary interest rate is pegged at 0.1 percentage point above the prevailing CPF interest rate.
HDB Concessionary Interest Rate:
Jul 2013 - Sep 2013 : 2.60% p.a.
Oct 2013 - Dec 2013 : 2.60% p.a.
Just do the maths!
Bank loan is dependent on the current SIBOR / SOR rates, complicated by a fixed or floating interest rate and lock-in tenure, I strongly suggest seeking a banker for more information as there are far too many for a fair comparison.
In case of more queries on your housing needs, feel free to contact me at 93530099 .
Happy to assist you.
Thank you.
Regards
James Read More