Money Lobang

Standard Chartered Fixed Rate Home Loan

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3 yrs Ave. Rate 2.91% Attribute
Min. Loan $500,000 Attribute

Last updated on 2024-11-19

Standard Chartered Fixed Rate Home Loan Review

Pros Pros

Fixed interest rates of for 1st 2 years

Cons Cons

Subject to fluctuations in 3m SORA rate after fixed rate period

Higher interest rate after 2 years

2 years lock-in period

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   Effective interest rates from 6.50% p.a.
   Tenure of up to 7 years
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Property Loan Details Stan Chart Property Loan Fixed Rates

  Interest Rate^
1st year 2.50% p.a.
2nd year 2.50% p.a.
3rd year 3m SORA + 0.45% p.a.
4th year 3m SORA + 0.50% p.a.
Thereafter 3m SORA + 0.90% p.a.
3 years average 2.91% p.a.

 

^ Interest Rate based on latest FDR and assuming it stays the same for first three years

 

Rates indicated are fixed and guaranteed for 2 years

Protects you from rate fluctuations for the first 2 years

At the end of the fixed rate period, the interest rates are pegged to SORA to calculate thereafter interest rates

Minimum loan amount of $500,000

2 years Lock-In period

New/re-financing owners are eligible

 

Promotions Stan Chart Property Loan Promotions

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Make a loan enquiry about this Standard Chartered Fixed Rate Home Loan

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Standard Chartered Fixed Rate Home Loan Review

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