Interest Rates
Year 1 1.28% Fixed
Year 2 1.68% Fixed
Year 3 1.98% Fixed
Year 4 3M Sibor + 1.25%
Year 5 3M Sibor + 1.25%
Thereafter 3M Sibor + 1.25%

Prepayment Penalty
1.50% on the amount prepaid

Commitment Period
3 years from the date of first disbursement of the Housing Loan

Commitment Fee
1.20% on the outstanding loan amount

Cancellation Fee
1.20% on the original loan amount cancelled or undisbursed by the end of the availability period

Administrative Fee
0.30% on the original loan amount if the loan is fully redeemed within the commitment period or cancelled

Legal subsidy
0.40% of aggregated loan amount up to $2,500 (whichever is lower)

Clawback Period for Legal Subsidy
To be refunded if loan is redeemed within 3 years

Other Benefits
Free fire insurance with home contents cover for the 1st year
HDB： Valuation fee will be borne by the Bank for cases where the Bank calls for the valuation report