Blog @ Mortgage Supermart Singapore

  • Home
    Home This is where you can find all the blog posts throughout the site.
  • Categories
    Categories Displays a list of categories from this blog.
  • Tags
    Tags Displays a list of tags that have been used in the blog.
  • Team Blogs
    Team Blogs Find your favorite team blogs here.
  • Login
Subscribe to this list via RSS Blog posts tagged in Refinancing of Australia Home Loans

Australia New Zealand Property Home Loan Refinancing

Comparison with Leading Bank A

Example 1
Your existing SGD Australia Property Loan Interest Rate New Interest Rate Difference Yearly Savings (Comparison based on $500,000, 25 yrs tenure)
1st Year 3 months Sibor + 2.5% = ~2.91% ~1.76% 1.14% ~$7,773
2nd Year 3 months Sibor + 2.5% = ~2.91% ~1.76% 1.14% ~$7,773
3rd Year 3 months Sibor + 2.5% = ~2.91% ~1.76% 1.14% ~$7,773
Thereafter 3 months Sibor + 2.5% = ~2.91% ~1.76% 1.14% ~$7,773

Comparison with Leading Bank B

Example 2
Your existing SGD Australia Property Loan Interest Rate New Interest Rate Difference Yearly Savings (Comparison based on $500,000, 25 yrs tenure)
1st Year ~2.52% ~1.76% 0.76% ~$5,160
2nd Year ~2.52% ~1.76% 0.76% ~$5,160
3rd Year ~2.52% ~1.76% 0.76% ~$5,160
Thereafter ~2.52% ~1.76% 0.76% ~$5,160

 

Benefits and Details:

  • Principal and Interest Cost Savings.
  • Applicable for Refinancing of Australia and/or New Zealand Property Loans.
  • Minimum loan amount of AUD >$500,000 and/or NZD >$500,000.
  • Up to LTV 75% for Singapore dollar loans and LTV 80% for Australian and New Zealand dollar loans.
  • For completed properties or properties obtaining TOP within 3 months.
  • Dual currency account with flexibility to switch between currencies, example AUD > SGD > AUD.
  • Applicable for Singapore Citizens, Permanent Residents and Foreigners.
  • Australia and New Zealand Country Wide.
  • Minimum build in area of 50 sqm, excluding Serviced Apartments and Commercial Units.
  • Applicable for Individuals and Singapore Investment Holding Companies.
  • Rates of ~1.76% based on current SGD cost of funds. Applicable to finance your home loan in AUD and NZD cost of funds from ~4.2% and ~5.19% onwards respectively.
  • Yearly savings illustration based on total principal and interest savings in a year.
  • SIBOR stands for Singapore Interbank Borrowing Offer Rate.
  • Attractive Promotional Rates for New Purchase from ~1.86% (based on current SGD cost of funds).
  • Only for a very limited period of time.
  • > Apply today!

 

Related Links:

+ Australia Property Loans (Singapore Lenders) vs Australia Property Loans (Australian Lenders)

 

Hits: 4735
Rate this blog entry:
4