It is joy and excitement when you manage to secure your idea home. However, to own a house can be a lifetime commitment as it requires the huge amount of money. Housing Loan or Home Renovation Loan Singapore has become an attractive option. Most of the banks and lenders offer competitive loan scheme that can ease your burden. As part of our service to our valued customer. We have done some research and found that for long team loan, Maybank renovation loan Singapore may be the ideal option. They also offer loan amount as little as $5000. We are pleased to compile the Renovation Loan information for your easy reference.
“Request a quotation” We are here to provide you with an obligation free quote for your renovation plan
Some key info to note:
- Interest Rate Package – Flat rate, monthly Rest Rate and Board Rate
- Lock in Period – Within the x period of time can’t switch bank or refinancing. The banker or lender will impose fee if it is happening.
- Loan Quantum – Most banks offer up to 6 times your monthly salary and capping at $30,000
- Total repayment – Full amount over the lifetime of the mortgage loan, loan amount + interest
- Fee:
- Legal Subsidy
- Valuation fee
- Late payment fee
- Early repayment fee
- Partial repayment fee
- Cancellation fee
- Administrative fee to us 3rd party fire insurer
Disclaimer The information provided including loan calculator from DiatomReno is only a guide reference. Please liaise with the respective bank for details and the final figure of loan rate. Information is extracted as of May 2018.
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