Bank of China 3-Month SIBOR House Loan

 

Bank of China Logo

Min. Loan
$300,000

5yrs Ave. Rate
1.69%

Review on Bank of China 3m SIBOR House Loan

Pros
Low interest rate spread of +0.75% p.a. for loan package throughout loan term
No lock-in period

Cons
Subject to fluctuations in 3m SIBOR rate

 

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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.
5yrs Ave. Rate 1.69% p.a.

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

Rates are pegged to SIBOR

Rates are reviewed every 3 months

Minimum loan amount of $300,000

No Lock-In period

New/re-financing private properties owners are eligible

 

Make a loan enquiry about this Bank of China 3m SIBOR House Loan

 

Comments on Bank of China 3m Sibor House Loan

 

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