Money Lobang

OCBC Mortgage Board Rates House Loan

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Min. Loan $300,000 Attribute
3 yrs Ave. Rate 1.69% Attribute

Last updated on 2022-07-12

OCBC Mortgage Board Rates House Loan Review

Pros Pros

Low interest rates for loan package

Legal fees subsidy for refinancing

Cons Cons

Changes in Bank's internal board mortgage rate at bank's discretion

2 years lock-in period

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Property Loan Details OCBC Property Loan Mortgage Board Rates

  Interest Rate^
1st year MBR + 0.78% p.a.
2nd year MBR + 0.88% p.a.
3rd year MBR + 1.00% p.a.
Thereafter MBR + 1.00% p.a.
3 years average 1.69% p.a.

 

^ Interest Rate based on latest Bank internal mortgage board rate and assuming it stays the same for first three years

 

Legal fee subsidy of $2,000 for minimum $500,000 loan

Interest rates will be based on the bank's Internal Board Mortgage Rate of 0.80% p.a. to calculate thereafter interest rates

Minimum loan amount of $300,000

2 years Lock-In period

Switch to another pricing package for free should the mortgage board rate increase

Flexibility to prepay up to 50% of the loan amount within the lock-in period

New/re-financing owners are eligible

 

Promotions OCBC Property Loan 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

 

Make a loan enquiry about this OCBC Internal Mortgage Board Rate House Loan

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