UOB HDB Home Loan Package

Sg-Loan-Rates.blogspot.com present UOB HDB Home Loan Package today.

UOB HDB Home Loan Package Details:

2-year fixed rate package
Loan at 80% of property value

1st Year = 3.98% p.a. Fixed
2nd Year = 3.98% p.a. Fixed
Thereafter = 3.98% p.a.

UOB HDB Home Loan Package rates are for information only. Kindly re-confirm the UOB HDB Home Loan Rates before making any decision on buying a home loan package. We remind everyone that you assume all risks if you rely on the home loan rates we present here.

UOB HDB Home Loan Package Rates may change without notice and are subject to typographical errors.

HDB Loan Interest Rate (concessionary)

The HDB loan interest rate (concessionary) is pegged at 0.1 percentage point above the prevailing CPF interest rate. The HDB loan interest rate is revised every quarterly, in January, April, July and October each year, in line with the revision in the CPF interest rate.

HDB loan interest rate (concessionary)
· Apr 2009 - Jun 2009 : 2.60% p.a.
· Jul 2009 - Sep 2009 : 2.60% p.a.

HDB Market Interest Rate
With effect from 15 October 2006, the computation basis for the HDB market interest rate peg, the Adjustable Rate Mortgage (ARM) Index has been revised. HDB has stopped giving out market rate mortgage loans since 1 Jan 2003.

Interest Computation Basis

HDB mortgage interest is computed on a monthly rest basis i.e. interest is imposed monthly based on the outstanding loan balance at the beginning of the month:
Monthly interest payable = Outstanding loan balance as at 1st of the month X R/12
· Where R = Interest rate (per annum)

source: HDB
http://www.hdb.gov.sg/fi10/fi10207p.nsf/WPDis/Servicing%20Your%20Mortgage%20LoanPolicies?OpenDocument

Singapore: What is SIBOR?

If you ask lay persons in Singapore what is SIBOR, many people will not be able to answer this question.

We at Singapore Loan Rates do not profess to be experts at answering this 'What is Sibor' question.

From what we gather from bank officers in Singapore, SIBOR stands for 'Singapore Interbank Offered Rate'.

So what is SIBOR then? It is the offered rate that banks lend money to one another.

Why would banks lend money to another bank using SIBOR? Aren't banks loaded with lots of cash from taking deposits from bank customers and making big bucks from banking products? The simple answer is to make more big bucks! The banks charge interest when they lend money to each other. The complicated answer? You've got to go and ask the bankers themselves.

So what affects the SIBOR? In other words, how do banks determine what interest rate to charge one another? What is the formula, if any, that guides banks to set the interest rate?

This question on what is SIBOR must really be put to the banks themselves. We could not find any documents on the Net that makes this answer transparent.

We will attempt to answer this question as best as a lay person will ever know about SIBOR. You should read this part about SIBOR with care.

Basically, banks set the SIBOR rate. We know that it is a commercial decision of the banks themselves. SIBOR is not determined by Monetary Authority of Singapore directly.

When mortages are pegged to the SIBOR, we become the end users, the consumers. Our home loan rates that are linked to SIBOR will be affected whenever banks raise or lower the SIBOR.

We do not know the formula on how SIBOR is calculated to the last decimal point. We cannot predict how SIBOR will turn out in the future, in 1 year, 2 years or 10 years down the road. If you tie your home loan payment to SIBOR, you must live with the rise or fall of SIBOR.

Therefore if your home loan package is pegged to SIBOR, you should ask the bank officer what is SIBOR and how it will affect your monthly loan payments before you sign on the dotted line.

If you already bought a property that has a home loan pegged to SIBOR, and you are reading our post on what is SIBOR, good luck to you.

Perhaps a banker in Singapore reading our SIBOR post can shed more light on this.

Citibank Personal Loan Rates

Sg Loan Rates will highlight Citibank personal laon rates of the Citibank Ready Credit PayLite (RCPL personal loan programme)

Note that instalment of this Citibank personal loan must be paid in full each month.

The effective Citibank personal loan rates for RCPL varies with the amount of personal loan and the duration of payment of the personal loans.

Effective Citibank Personal loan rates for amounts of $10,000 and above:
10.68%p.a. for 12-months,
10.91%p.a. for 24-months,
14.34%p.a. for 36-months,
14.15%p.a. for 48-months,
13.93%p.a. for 60-months

Effective Citibank Personal loan rates for amounts below $10,000:
12.47%p.a. for 12-months,
12.70%p.a. for 24-months,
16.04%p.a. for 36-months,
15.79%p.a. for 48-months,
15.53%p.a. for 60-months.

If the period between the payment instruction is approved and your statement date is less than thirty (30) days,

Effective Citibank Personal loan rates for amounts above $10,000:
12.68% for 12-months,
11.90% for 24-months,
15.23% for 36-months,
14.82% for 48 months,
14.47% for 60 months

Effective Citibank Personal loan rates charged for RCPL amounts below $10,000:
14.80% for 12-months,
13.86% for 24-months,
17.05% for 36-months,
16.55% for 48 months,
16.14% for 60 months.

Effective Citibank Personal loan rates are quoted from website of Citibank Ready Credit PayLite, correct as at 17 June 2009.

Note that these Citibank personal loan rates may change without notice. You should re-confirm the personal loan rates with Citibank before making any decision on getting personal loans.

These personal loan rates quotes were brought to you by Sg-Loan-Rates.blogspot.com.

Sg Home Loan Floating Rates

Today we feature the Singapore Sg home loan floating rates of DBS bank. DBS Sibor-tied home loan floating rate is presented by Sg-loan-rates.blogspot.com.

On this day in June 2009. we shall take a close inspection of a specific package under specific Sg home loan conditions of Singapore DBS Bank. Please be patient as we will cover other Sg banks home loan schemes in due time.

We have selected only the Singapore's DBS Home Loan Floating Rate pegged to Sibor package that has these terms.

-Owner Occupied,
-UnCompleted Building,
-for residence NOT investment,
-at 80% loan of total property value.

DBS Sg Home Loan Floating Rates is shown in the table below:

No Loyalty package Sg home loan floating rates= Sibor + 2.25%

1 Year Loyalty Sg home loan floating rates = Sibor + 2.10%

2 Year Loyalty Sg home loan floating rates = Sibor + 1.95%

3 Year Loyalty Sg home loan floating rates = Sibor + 1.80%

thereafter DBS Sg home loan floating rates = Sibor + 2.25%


Latest DBS Sibor Sg floating home loan rates package plus other home loan rates in Singapore are available at DBS bank website.

DBS Singapore floating rate home loan rates may change without prior notice. Many terms and conditions apply, so please read latest fine print and consult home loan bank officer for latest details. Please double check for typographical errors with the bank.

Thanks for reading Singapore Loan Rates at Sg-loan-rates.blogspot.com.

Singapore Home Loan Floating Rate

Today we feature the Singapore home loan floating rate of DBS bank. DBS Sibor-tied home loan floating rate is presented by Sg-loan-rates.blogspot.com.

We take a close inspection this day in June 2009 of another specific package under specific home loan conditions of Singapore DBS Bank. Be patient. We will cover other banks home loan schemes in due time.

We have selected only the DBS Home Loan Floating Rate pegged to Sibor package that applies to Owner Occupied, Completed, residential building, at 80% loan of total property value. i.e. not for investment.

DBS floating rate Home Loan Rate is shown in the table below:

No Loyalty package home loan floating = Sibor + 1.75%

1 Year Loyalty home loan floating rate = Sibor + 1.60%

2 Year Loyalty home loan floating rate = Sibor + 1.45%

3 Year Loyalty home loan floating rate = Sibor + 1.30%

thereafter DBS home loan floating rate = Sibor + 1.75%


Latest DBS Sibor floating home loan rates package plus other home loan rates are available at DBS bank website.

DBS Singapore floating rate home loan rates may change without prior notice. Many terms and conditions apply, so please read latest fine print and consult home loan bank officer for latest details. Please double check for typographical errors with the bank.

Thanks for reading Singapore Loan Rates.

Singaproe Home Loan Rate: DBS SIBOR Fixed Rate Home Loan (Investment)

Today in our Singapore Home Loan Rate feature, we highlight DBS SIBOR Fixed Rate Home Loan (Investment) in Sg-loan-rates.blogspot.

Today it is the turn to look at another specific Singapore home loan rates package under specific home loan conditions.

We have selected only the DBS SIBOR Fixed Rate Home Loan (Investment) package as the Singapore home loan rate to compare. This Singapore home loan rate applies to Completed Building, at 80% loan of total property value for investment purpose (i.e. second or more property).

DBS Singapore home loan rates vis DBS SIBOR Fixed Rate Home Loan Package (for Investment Property):

1 Year DBS Sibor Fixed Singapore Home Loan Rate | 3.50%
2 Year DBS Sibor Fixed Singapore Home Loan Rate | 3.65%
3 Year DBS Sibor Fixed Singapore Home Loan Rate | 3.80%
4 Year DBS Sibor Fixed Singapore Home Loan Rate | 3.95%
5 Year DBS Sibor Fixed Singapore Home Loan Rate | 4.10%
6 Year DBS Sibor Fixed Singapore Home Loan Rate | 4.25%
7 Year DBS Sibor Fixed Singapore Home Loan Rate | 4.40%
8 Year DBS Sibor Fixed Singapore Home Loan Rate | 4.55%
9 Year DBS Sibor Fixed Singapore Home Loan Rate | 4.70%
10 Year DBS Sibor Fixed Singapore Home Loan Rate | 4.85%
thereafter Sibor + 2.00%

Latest DBS Sibor Fixed Rate home loan rates plus other home loan rates in Singapore are available at DBS bank website.

DBS SIBOR Fixed Singapore home loan rates may change without prior notice. Many terms and conditions apply, so please read latest fine print and consult home loan bank officer for latest details.

This free service is brought to you by Sg Loan Rates at Sg-Loan-Rates.blogspot.com.

Maybank Sg Car Loan Rates
source: Maybank

This table shows the Maybank Sg car loan rates for a car loan financing obtained from Maybank Singapore. The Maybank Sg car loan rates apply to purchase of new cars, up to 10-year Sg car loans.

These Maybank Sg car loan rates are subjected to change without prior notice. You should re-confirm the Sg car loan rates before using the information to make any decision on getting a Sg car loan in Singapore based on these Sg car loan rates.

Table of Sg Car Loan Rates from Maybank Singapore:

Loan Tenure	Interest Rate %pa	Effective Rate %pa
1 Year	3.25	7.040
2 Years	3.25	6.670
3 Years	3.25	6.508
4 Years	3.25	6.383
5 Years	3.50	6.317
6 Years	3.50	6.685
7 Years	3.50	6.601
8 Years	3.50	6.524
9 Years	3.50	6.487
10 Years	3.50	6.441

All Maybank Sg car loan rates are for your information only.

This Maybank Sg car loan rates is brought to you by Sg-Loan-Rates.blogspot.com.

Home Loan Rates

Are you searching for Home Loan Rates in Singapore? Do you need to compare home loan rates for that home you have eyeing?

Look no further. We at Singapore Loan Rates have Home Loan Rates that you can use for comparison. Before you decide to purchase a home or buy that apartment, why not contact us to look at home loan rates?

Comparing and checking for the best Home Loan Rates can be confusing, especially for first time home buyers. We take the pain out of comparing home loan rates for you. Contact us to see how we can assess your home loan needs to offer our special home loan rates for you.

Do note that home loan rates can change rapidly. Home loan rates vary between banks and finance companies. Many factors affect home loan rates. We can help you sort through the bewildering array of home loan rates for the one home loan that suits you best.

Keep reading about home loan rates at Singapore Loan Rates.

Housing Loan Rates

Housing Loan Rates

Do you need to compare housing loan rates for your first property? Are you looking for Housing Loan Rates in Singapore that suits your mortgage needs?

You have come to the right place. We at Singapore Loan Rates have Housing Loan Rates that you can use for comparison. Before you decide to buy a home or apartment, why not contact us to look at housing loan rates?

Housing Loan Rates can be confusing, especially for first time home seekers. We remove the difficulties of comparing housing loan rates for you. Contact us to see how we can assist you in your housing loan needs to offer our unique housing loan rates for you.

Do note that housing loan rates can be altered. Housing loan rates can also vary between banks and finance companies. Many common factors affect housing loan rates. We can help you sort through the wide range of housing loan rates for the one housing loan that suits you best.

Keep following our housing loan rates at Singapore Loan Rates as we bring you more updates.

Housing Loan Rates

DBS SIBOR Fixed Rate Home Loan

Today we feature DBS SIBOR Fixed Rate Home Loan in Sg-loan-rates.blogspot.com.

There are many fixed rate home loans offered by DBS Bank. To make sense of the home loan rates, we shall zoom in on a specific package under specific fixed rate home loan conditions.

We have selected only the DBS SIBOR Fixed Rate Home Loan package that applies to Completed Building, owner-occupied, at 80% loan of total property value. Sg Loan Rates will present other home loan rates at a later date.

DBS Home Loan Rate of
DBS SIBOR Fixed Rate Home Loan Package:

1 Year DBS Sibor Fixed Home Loan Rate | 3.25%
2 Year DBS Sibor Fixed Home Loan Rate | 3.40%
3 Year DBS Sibor Fixed Home Loan Rate | 3.55%
4 Year DBS Sibor Fixed Home Loan Rate | 3.70%
5 Year DBS Sibor Fixed Home Loan Rate | 3.85%
6 Year DBS Sibor Fixed Home Loan Rate | 4.00%
7 Year DBS Sibor Fixed Home Loan Rate | 4.15%
8 Year DBS Sibor Fixed Home Loan Rate | 4.30%
9 Year DBS Sibor Fixed Home Loan Rate | 4.45%
10 Year DBS Sibor Fixed Home Loan Rate | 4.60%
thereafter Sibor + 1.75%


Latest DBS Sibor Fixed Rate home loan rates plus other home loan rates are available at DBS bank website.

DBS SIBOR Fixed Rate Home Loan Rates are subject to change. Terms and conditions apply. Read latest fine print and consult home loan bank officer. Kindly re-confirm home loan rates with bank in case of typographical errors.

Thanks for reading Sg Loan Rates.

Sg Loan Rates Contact Us Form

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We, at Sg-Loan-Rates, will be pleased to speak to you or contact you for further discussions.

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