Do you want to save a few thousand dollars a year from your property loan? Be it commercial or industrial properties or investment or own use, interest rates increase a lot after the first 2 years.
Many companies and individuals have been seeking better loan packages to save on the interest difference, do the same likewise by giving us, a Mortgage Broker Singapore, a call to work out how much money you can save by re-financing with another bank.
There are different ways of achieving lower monthly repayments. You can switch to another loan type, such as from a fixed-rate loan to a floating-rate one. Alternatively, you can consider extending the tenor of your loan. However, bear in mind that while your monthly repayment would go down if you were to extend your loan tenor, you will end up paying more in interest expenses over the duration of the loan.
Since we are a mortgage broker in Singapore, give us a call now to maximize your commercial / industrial property mortgage refinance.
|Current Interest Rate||5% P.A.|
|Interest Per Year||$50’000|
|New Interest Rate||2.8% P.A.|
|Interest Per Year||$28’000|
|Savings For One Year||$22’000|