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Last updated on 2021-05-20
Legal fees subsidy for refinancing
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
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Bank of China Property Loan SIBOR Rates
| 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
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
Bank of China Property Loan PromotionsReceive 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 2021)
Make a loan enquiry about this Bank of China SIBOR Housing Loan
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