Home Improvement Loan Calculator
Home Improvement Loan Calculator – There are many renovation loans available in Singapore. Below we compare the costs of these loans. We assume that the borrower takes out a renovation loan of S$15,000 over 5 years and does not qualify for the concessionary rates for returning customers (i.e. they do not already have home loans from a particular bank).
Maybank’s competitive interest rates make it a good option for those looking for a larger renovation loan. First, Maybank’s interest rate of 6.53% (Reno Loan Board rate minus 4.32% p.a.) for new customers (minimum term 3 years) is one of the …