home loan

Illustration of home loan concept with icons

Is It A Good Time Now To Take Up A Fixed Rate Mortgage Loan?

It seems that the housing market in Singapore is finally seeing some light, after recent data showed that the private property index increased 0.5% in Q3, its first uptick after 15 periods of decline. This implies that the worst might […]

inside-apartment-design-home

Considering Whether To Take Up A Renovation Loan? Read This First

Many home-buyers go to great lengths to ensure that they fulfil all the requirements of the debt servicing ratio before making a purchase. Yet, many forget that other than paying for the downpayment and getting a home loan, there is […]

choice

20, 25 Or 30 Years… Should I Choose A Shorter Or Longer Home Loan Tenor?

At first glance, the answer seems pretty obvious to most people. Short loan tenor means less interest to pay over the loan tenor, so it must be better right? Well, we wish everything were as straight-forward. After all, there’s a […]

woman-hand-desk-office

“My Home loan was turned down…” – Why & How to Prevent it from happening

So you’ve found your dream home and is now awaiting the approval of the home loan when you get a rude shock from the bank to know that the loan application was rejected. How did this happen? You try to […]

Illustration concepts Debt

What To Do When Your Mortgage Loan Becomes Unaffordable

It’s official, Singapore’s home prices are considered “seriously unaffordable”. According to the 12th Annual Demographia International Housing Affordability Survey, Singapore has a “seriously unaffordable” rating of 5.0. Yet, the percentage of home-ownership in Singapore remains extremely high at more than […]

Magnifying glass over document, highlighting the words "read the fine print".  Cyan toned image.

The DBS May Day 1% Home Loan Offer – Should You Sign Up?

I recently logged into my ibanking account on DBS and saw that DBS is running a May Day Home Loan offer – 1% fixed rate for the first year. I did a double-take; while I’m not looking at taking a […]

mortgage-s

10 Mortgage Jargon Everyone Should Know Before Taking A Home Loan

Singapore is ranked number 4 as one of the world’s highest cost of living and not surprisingly, among the top 10 most expensive cities to buy a property. Yet, it seems almost a given that most Singaporeans are home-owners, or […]

key-96233_1280

What’s The Consequences Of Pulling Out Of Your BTO Application?

Whether you are applying for your BTO flat for the first time or a second-time buyer looking to get a new flat, pulling out of your BTO applications can incur monetary losses as well as your future chances of getting […]