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| Starts | 27 Sep 2014 (Sat) (ONE day only) | ||
|---|---|---|---|
| Location | POSB |
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There should be a better HDB loan. Save S$20,000 when you switch to POSB HDB Loan
S$20,000 is estimated savings over 8 years computed using a S$400,000,25-year loan based on POSB HDB Loan rate of 1.88% p.a. compared to HDB Concessionary Loan rate of 2.60% p.a.
Benefits:
- Interest rates as Low as 1.88% p.a. – Based on 1 June 2014 FHR of 0.40% p.a. plus a spread of 1.48% p.a. FHR refers to the average of DBS Bank’s prevailing 12 month and 24 month Singapore Dollar fixed deposit rates for amounts between S$1,000 and S$9,999 or such other sum as POSB may specify.
- Interest rates capped at 2.5% p.a. for the first 8 years – POSB HDB Loan interest rates are capped at prevailing CPF Ordinary Account COA”) rate which is at 2.5% p.a. at time of print. Details on CPF OA rate are available on the website of CPF Board.
- No prepayment fee
Come for a chat on 27 Sep (Sat, 11am – 5pm) at participating POSB branches and get a S$50 IKEA voucher
Participating Branches: Ang Mo Kio Central Branch, CentrePoint Branch, Compass Point Branch, Heartland Mall Branch, Jurong Point Branch, Ngee Ann City Branch, Tampines Central Branch, Tiong Bahru Branch and Yishun Central Branch.
S$50 Voucher – The voucher will be issued in the form of an authorised letter which can be used for redemption at the IKEA stores. White stocks last. Terms and conditions apply. Visit www.posb.com.sg/hdbloan for full details.
To qualify for the voucher, bring along your HLE, Option to Purchase or current home loan statement.
Note: Only HDB owners with completed flats may apply for POSB HDB Loan. Minimum loan of S$100,000 applies. HDB Concessionary Loan rate is 2.60% p.a. at time of print.
Other terms and conditions apply.
See ad image for more details
Click on thumbnail[s] to enlarge. Sales on 27 Sep 2014.
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