Available Home Loan Packages as of May 2024
1-Month SORA
Floating interest rates
2 year lock-in
(Minimum loan amount requirement applies)
Year 1: 1M SORA + 0.33%
Year 2: 1M SORA + 0.53%
Year 3: 1M SORA + 0.63%
Thereafter: 1M SORA + 1.00%
- 100% Waiver of penalty due to sale
- Partial repayment allowed (up to 30% of initial loan amount)
- One time free conversion that can be exercised anytime
- Smart mortgage (up to 70% interest offset)
Cash rebate For refinancing only
Loan amount above 500K - $2,000
Loan amount above 1.5M - $2,500
3 Year Fixed
Fixed interest rates
3 year lock-in
(Minimum loan amount requirement applies)
Year 1: 3.95% Fixed
Year 2: 3.95% Fixed
Year 3: 3.95% Fixed
Thereafter: 4.45% Board Rate
- No valuation fee
- Commitment fee 0.02% of the loan amount, subject to min $200
Cash rebate for refinancing only
Loan amount above 200K - $1500
Loan amount above 300K - $2000
3-Month SORA
Floating interest rates
2 year lock-in
(Minimum loan amount requirement applies)
Year 1: 3M SORA + 0.30%
Year 2: 3M SORA + 0.30%
Thereafter: 3M SORA + 1.00%
- Waiver of penalty due to sale after 6 months of repayment
Subsidies for refinancing ONLY:
- Legal subsidy 0.4% of loan amount, capped at $1,800
- Full valuation subsidy
- Free fire insurance for first year
- Clawback period is 2 years for all the above subsidies
Fixed Deposit Linked Rate
Floating interest rates
2 year lock-in
(Minimum loan amount requirement applies)
Year 1: FHR6 + 1.10%
Year 2: FHR6 + 1.10%
Thereafter: FHR6 + 1.10%
- One free conversion after 12 months
Cash rebate for refinancing only
Private loan amount above 500K - $2,000
Private loan amount above 1.0M - $2,500
Private loan amount above 1.5M - $2,800
HDB loan amount above 250K - $2,000
