Citibank SIBOR Housing Loan

like-icon 2 people like this
Rating: 5.0/5.0 (2 Reviews)
3 yrs Ave. Rate 1.37%
Min. Loan $500,000
Review on Citibank SIBOR Housing Loan
Pros

Low interest rate spread of +0.35% for loan package for 1st 2 years

Low 1m SIBOR

Legal fees subsidy for refinancing 

Cons

Higher interest rate after 2 years

Subject to fluctuations in 1m SIBOR rate

1m SIBOR more volatile

2 years lock-in period

Property Loan Details Property Loan Details

  Interest Rate^
1st year 1m SIBOR + 0.35% p.a.
2nd year 1m SIBOR + 0.35% p.a.
3rd year 1m SIBOR + 0.45% p.a.
Thereafter 1m SIBOR + 0.55% p.a.
3 years average 1.37% 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 0.20% of loan capped at $2,500

Rates are pegged to 1-month SIBOR

Rates are reviewed every month

Flexibility to switch between 1 / 3 / 6 / 12 mth SIBOR base rates anytime

Minimum loan amount of $500,000

2 years Lock-In period

New/re-financing private properties owners are eligible

 

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)

 

Make a loan enquiry about this Citibank SIBOR Housing Loan

Add Review (* Required information)
Rate:
*

*

Min 20 characters

captcha Reload Image

Verification Code *

Reviews (2)
Rating:
5.0/5.0 (2)
5.0/5.0 (2)
Page: Citibank SIBOR Housing Loan Review
Search Reviews:
Sort By :
No data found