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SOR Housing Loan Rates Singapore

Posted by admin | 12:23 AM | , ,
Jul 26, 2010

Singapore Loan Rates: SOR Housing Loan Rates Singapore

We check out the SOR housing loan rates Singapore of UOB bank this July 2010. What is the SOR housing loan rates Singapore of UOB?

This is the a home loan based on Swap Offer Rate. You can find out more about Swap Offer Rate / SOR rates from the major business magazines or sites today. In this SOR housing loan rate, the 3-month SOR rate is applied.

SOR housing loan rates Singapore may change at any time as determined by the bank.

Here are the SOR housing loan rates.

SOR Housing Loan Rates Singapore UOB Bank:

SOR No Lock Package
(Loan to value equal / less than 80%)

1st Year 3M SOR# + 1.25%

2nd Year 3M SOR# + 1.25%

3rd Year 3M SOR# + 1.25%

Thereafter 3M SOR# + 1.50%

# Based on the prevailing Swap Offer Rate at point of disbursement / roll-over.
3M = 3-month.

The Swap Offer Rate is a published rate and may change daily. You should thus be prepared for this certainty that the SOR rate can go up or down any time.

Hope you like our Sg Loan Rates.

** Many readers found these posts interesting: **

1. Latest Loan Rates
2. Home Mortgage Rates
3. Personal Loan Rates
4. Car Loan Rates
5. SIBOR Rates

Apply For Loan

Posted by admin | 11:14 PM |
Jul 21, 2010

Singapore Loan Rates: Apply For Loan

There are many reasons to apply for loan in Singapore.

Apply for loan if you are planning a wedding.
Apply for loan if you are furnishing a new home.
Apply for loan if you are taking a holiday overseas.
Apply for loan if you are buying a car.
Apply for loan if you are shopping for that special gift.
Apply for loan if you are dreaming of setting up a business.
Apply for loan with whatever reason you can think of.

But remember. After you apply for loan from a bank or financial institution and get the loan approved, you need to starting paying off that bank loan you applied for and the banking loan amount that you used.

Feel free to look around our site for loans of all kinds in Singapore.

Hope you like our Sg Loan Rates.

** Many readers found these posts interesting: **

1. Latest Loan Rates
2. Home Mortgage Rates
3. Personal Loan Rates
4. Car Loan Rates
5. SIBOR Rates

Best Singapore Bank Loan

Posted by admin | 12:31 AM |
Jul 19, 2010

Best Singapore Bank Loan

Where is the best Singapore bank loan? How good are the best bank loans in Singapore? Are you searching for the best Singapore bank loan?

Do you need the best Singapore bank loan to purchase a residential property in Singapore? Do you need the best Singapore bank loan to purchase a vehicle with COE in Singapore? Do you need the best Singapore bank loan to purchase a condominium in Singapore? Do you need the best Singapore bank loan to purchase a landed property in Singapore? Do you need the best Singapore bank loan to go overseas to study?

If like many others, you are here for the best Singapore bank loan, we are looking for the best Singapore bank loan as well.

The best Singapore bank loan depends on what kind of a bank loan you are looking for.

The reason is because the best Singapore bank loan rates depends on what type of Singapore bank loan you take out.

In most cases, you will need to shop around carefully for the best Singapore bank loan and compare the best Singapore bank loan rates.


Hope you like our Sg Loan Rates.

** Many readers found these posts interesting: **

1. Latest Loan Rates
2. Home Mortgage Rates
3. Personal Loan Rates
4. Car Loan Rates
5. SIBOR Rates

Moneylender Interest Rate

Posted by admin | 5:38 PM |
Jul 14, 2010

Moneylender Interest Rate

Singapore has a Moneylender's Association of Singapore.

Do you know what is the usual Singapore moneylender interest rate?

Under the Moneylenders Rules 2009 (Singapore), the maximum rate of interest a moneylender can charge is as follows:

Maximum Interest Rate

A) Loan granted to an individual whose annual income on the date of grant of loan is less than $20,000:

Secured loan up to $3,000 = 12% per annum
Unsecured loan up to $3,000 = 18% per annum

B) Secured or unsecured loan of up to $3,000 granted to an individual whose annual income on the date of grant of loan is $20,000 or more = To be agreed upon between moneylender and borrower

C) Secured or unsecured loan of more than $3,000 granted to an individual whose annual income on the date of grant of loan is $20,000 or more = To be agreed upon between moneylender and borrower

Reference from the Registry of Moneylenders (Singapore)

For what type of loans do we use simple interest, daily rest and monthly rest calculation methods?

- The act states that

11.—(1) Where the contract for a loan does not provide for the payment of equal instalments of principal and interest at equal intervals of time, the computation of the interest charged on the loan shall be based on the amount of principal remaining after deducting from the original principal the total payments” The loan contract should state whether the loan is payable by “Equal Monthly Instalments” or “Monthly/Daily rest”. For EMI - Simple Interest method is used to calculate the interest payable for the loan amount , for the period of loan. The sum total payable [Principal & Interest] is divided by the loan period to determine the EMI – that constitutes Principal and Inyerest. Monthly Rest - Simple Interest method is used to calculate the interest payable [on a daily or monthly basis] for the loan amount after deducting from the original principal the total payments received,for the period the loan has been outstanding ”

Details obtained from Moneylender's Association of Singapore.


Note: Sg-Loan-Rates editors do not support illegal moneylending, loan sharking or any other illegal money trade.

Hope you like our Sg Loan Rates.

** Many readers found these posts interesting: **

1. Latest Loan Rates
2. Home Mortgage Rates
3. Personal Loan Rates
4. Car Loan Rates
5. SIBOR Rates

Singapore Housing Loan Rates

Posted by admin | 12:24 AM |
Jul 13, 2010

Singapore Housing Loan Rates

Singapore Housing Loan Rates are discussed for those seeking info on bank housing loan rates in Singapore.

These Singapore housing loan rates 2010 are obtained from DBS bank in Singapore.

Singapore Housing Loan Rates :

HOUSING LOAN RATE FOR SIBOR FIXED RATE PACKAGE

LTV less than and equal to 80%
1-Year Fixed Package

Year 1 = 2.20% Fixed
Year 2 = SIBOR* + 1.25%
Year 3 = SIBOR* + 1.50%
Year 4 = SIBOR* + 1.50%
Year 5 = SIBOR* + 1.50%
Thereafter = SIBOR* + 1.50%


The above Singapore housing loan rates packages are applicable for New Purchase of Completed Private/HDB Properties

The SIBOR* refers to the 3 month or 12 month SIBOR (Singapore Interbank Offered Rate).

THE SIBOR* will be based on the first business day of the month at the point of loan acceptance.

Singapore housing loan rates subject to change without notice. Bank may vary interest rates from time to time. Singapore housing loan interest rate quoted for a particular housing loan rate may differ between customers.


Hope you like our Sg Loan Rates.

** Many readers found these posts interesting: **

1. Latest Loan Rates
2. Home Mortgage Rates
3. Personal Loan Rates
4. Car Loan Rates
5. SIBOR Rates

UOB Private Housing Loan Packages

Posted by admin | 12:12 PM |
Jul 12, 2010

Singapore Loan Rates : UOB Private Housing Loan Packages

UOB Private Housing Loan packages are discussed today in Sg Loan Rates blogspot.

What are the UOB Private HousingLoan packages for 2010? How good are the interest rates for the UOB Private Housing Loan packages?

Let us review UOB Private Housing Loan packages.


UOB Private Housing Loan Packages

Loan Tenure | Fixed Rate 1 Year Lock Housing Loan Package
(Loan to Value equal to or less than 80%)

1st Year= 1.70% p.a. (Fixed)

2nd Year= 1.80% p.a. (2.70% off MORTGAGE RT_010608*)

3rd Year= 2.65% p.a. (1.65% off MORTGAGE RT_010608*)

Thereafter= 3.75% p.a. (0.75% off MORTGAGE RT_010608*)

UOB Private Housing Loan Packages rates subject to change.

Current housing Loan / Mortgage Rate_010608 is 4.50% p.a.


Hope you like our Sg Loan Rates.

** Many readers found these posts interesting: **

1. Latest Loan Rates
2. Home Mortgage Rates
3. Personal Loan Rates
4. Car Loan Rates
5. SIBOR Rates

Singapore Loan Rates: ANZ Moneyline Singapore Personal Loan

ANZ Moneyline Singapore Personal Loan is a line of credit or term loan or both that gives you extra cash for whatever you need, whenever you need it.

What are the features and benefits of ANZ Moneyline Singapore personal loan?

ANZ Moneyline Singapore Personal Loan Features:

-Extra cash of up to S$100,000

-Support your lifestyle choices with extra cash of up to 4 times your monthly income.

-Low monthly payments
Just S$12 or 3% of monthly balance whichever is higher. Pay only when you use, only the minimum amount needed.

ANZ Moneyline Singapore Personal Loan Interest Rates:

-Low interest rates of 1.44% per month

-Attractive interest rate at just 1.44% per month or 17.28% per annum.

-No guarantor or collateral required

-Totally hassle-free, easy application.

ANZ Moneyline Singapore Personal Loan comes with terms and conditions.

Hope you like our Sg Loan Rates.

** Many readers found these posts interesting: **

1. Latest Loan Rates
2. Home Mortgage Rates
3. Personal Loan Rates
4. Car Loan Rates
5. SIBOR Rates

DBS Cashline Personal Loan

Posted by admin | 12:02 AM | ,
Jul 1, 2010

DBS Cashline Personal Loan

We take a look at the latest current DBS Bank Singapore DBS Cashline Personal Loan today.

DBS Cashline Personal Loan rate is provided for information only.

DBS Cashline Personal Loan is available to all who earn $1700 and above per month.

DBS Cashline Personal Loan Rates:

For customers with annual income less than $30K.
Tenure | AIR (% p.a.) | EIR (% p.a.) | Monthly Repayment Amount
12 months= 8.88, 16.01, $182
24 months = 8.88, 16.22, $99

For customers with annual income at least $30K.
Tenure | AIR (% p.a.) | EIR (% p.a.) | Monthly Repayment Amount
12 months= 6.88, 12.47, $179
24 months = 6.88, 12.70, $96

Based on loan amount of $2000 for illustration purpose.

DBS Cashline Personal Loan rate is obtained from DBS bank Singapore.

DBS Cashline Personal Loan rates subject to change.


Hope you like our Sg Loan Rates.

** Many readers found these posts interesting: **

1. Latest Loan Rates
2. Home Mortgage Rates
3. Personal Loan Rates
4. Car Loan Rates
5. SIBOR Rates