$300,000, $600,000, $1,000,000, $4,000,000
New 4 Rm HDB Flat, Good location 5 Rm HDB Flat, Fairly good location 2+1 Condominium and Landed Property along Bukit Timah respectively. Oh and did i mention $20,000,000 for a Good Class Bungalow along Binjai Rise.
(This is Cost #4 in the The Cost of your Life! series)
Do you have a home mortgage? If you have your own home, I’m sure you do. In line with our previous post on http://www.financecents.com/2009/02/03/to-save-money-take-another-300000-loan/, here’s how to see if you can refinance your mortgage with even lower rates!
If you’re looking to buy a new home, this will also help you!
The Real Group, a local company, has created SmartLoans.sg in partnership with 8 major banks. It’s a free-to-use online mortgage comparison platform that lets you easily search, compare and ask about home loan packages across 8 of Singapore’s main banks! No more spending hours doing online research and talking to many different bank service staff.
So here’s how:
When you’re done, you’ll see a chart and a table of all applicable loan packages, nicely sorted in ascending order of the cumulative interest they would have to pay throughout the loan tenure.
You can then opt to connect directly with the bank should you decide to find out more from the bank’s loan officer. But only if you want to! So pretty much a no-obligation thing - I like it! Definitely beats dealing with all the bank officers directly just to ask a few questions, coz they tend to bug you after that.
If you’re worried about having to deal with all the financial terms in order to input your parameters, don’t worry. There’s clear instructions and definitions for every question you have to answer.
It’s pretty easy and it worked for me. Try it!
Thinking of buying that sleak, sexy, saucy red car? Cheap COEs, cashbacks, lower interests and money sitting in the bank earning peanuts. Those sure are good reasons for the buy or are they?
(This is Cost #1 in the The Cost of your Life! series)
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We'll not exist without them.
