<p>There are two types of home loans in the market- a HDB loan or bank loan. For HDB properties, you have the option of taking either a HDB or bank loan, but for private properties, you will only be able to get a bank loan. Aside from deciding a loan that’s best for you, the next question is often whether or not you should pay using your Central Provident Fund (CPF) savings or cash.</p> <p><strong>Note:</strong> <em>Only CPF funds from the CPF OA (Ordinary Account) can be used for home loan payments.</em></p> <p>In this article, we will cover the following:</p> <ol> <li>Using CPF For Housing</li> <li>How Much CPF Can You Use?</li> <li>Advantages of Using CPF for Ho...</li></ol>
<p>Understanding your property valuation is important when you are looking to buy or sell your current home. </p> <p><strong>Understanding Property Valuation</strong></p> <p>A property valuation is typically carried out by a licensed appraiser and is an assessment of what your property is worth.</p> <p>There are two kinds of valuations, indicative and actual valuations.</p> <p><strong>Indicative Valuations</strong> are basic estimates of a property's value. </p> <p>It is usually based on the average price of similar recently transacted properties in the same area. Both homeowners and agents can perform these valuations through simple research. </p> <p>However, these days...</p>
Singapore's core inflation has risen to 5.3%, coming close to the 14-year high of 5.5%. How can refinancing our home loan help with inflation?
You may have your reasons why you do not want to refinance your home loan in 2022, but if they are one of these five, then here are some tips for you.
Saving money in Singapore isn't just about giving up luxuries. Sometimes it's about making smart financial decisions for the things you can't avoid in life.
Why should you care about refinancing? Kyler Q. the Mortgage Noob answers this most important question in the second article of his What Are They series
It is definitely a good idea to refinance your housing loan in Singapore. The main reason is to save money in the long run, but you can also enjoy other benefits offered by the banks! However, take the time to learn more about the fees and costs involved in refinancing before you make your decision.
DBS has announced two unique 5 year fixed rate packages, but which one is better for HDB owners looking to refinance? We did the math so that you don't have to.