Bank of China SIBOR House Loan

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3 yrs Ave. Rate 2.52%
Min. Loan $300,000
Review on Bank of China SIBOR House Loan
Pros

Legal fees subsidy for refinancing

Cons

Subject to fluctuations in 3m SIBOR rate

2 years lock-in period

High interest rate spread of +0.75% p.a. for fixed component throughout loan term

Property Loan Details Property Loan Details

  Interest Rate^
1st year 3m SIBOR + 0.75% p.a.
2nd year 3m SIBOR + 0.75% p.a.
3rd year 3m SIBOR + 0.75% p.a.
Thereafter 3m SIBOR + 0.75% p.a.
3 years average 2.52% p.a.

 

^ Interest Rate based on latest 3 Month SIBOR and assuming it stays the same for first three years

Property Loan Hotline Property Loans Watsapp: +65 82188190

 

Legal fee subsidy of 0.40% of loan capped at $2,000

Rates are pegged to SIBOR

Rates are reviewed every 3 months

Minimum loan amount of $300,000

2 years Lock-In period

New/Re-financing for private properties owners only

 

Promotions Promotions

Receive up to S$750 cash from Money Lobang when you successfully apply or refinance for a property loan via our Property Loan Cashback Promotion (Until 30 Jun 2020)

 

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