Last updated on 2024-11-19
Legal fees subsidy for refinancing
Subject to fluctuations in 3m SORA rate
2 years lock-in period
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Effective interest rates from 6.50% p.a.
Tenure of up to 7 years
Up to $3,000 Cashback
Interest Rate^ | |
---|---|
1st year | 3m SORA + 0.50% p.a. |
2nd year | 3m SORA + 0.50% p.a. |
3rd year | 3m SORA + 0.60% p.a. |
Thereafter | 3m SORA + 1.00% p.a. |
3 years average | 3.80% p.a. |
^ Interest Rate based on latest 3 Month SORA 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 3-month SORA
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
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 Bank of China SORA Housing Loan