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Interest Rates
RENOVATION LOAN MONTHLY INSTALMENT SCHEDULE
INTEREST
RATE
GROSS
LOAN (S$)
NET LOAN*
(S$)
MONTHLY INSTALMENT (S$)
12 MTHS
24 MTHS
36 MTHS
48 MTHS
60 MTHS
6.25%**
$15,000
$20,000
$25,000
$30,000
$14,650
$19,600
$24,550
$29,500
$1,292.72
$1,723.63
$2,154.53
$2,585.44
$666.50
$888.67
$1,110.83
$1,333.00
$458.03
$610.71
$763.38
$916.06
$354.00
$472.00
$590.00
$707.99
$291.74
$388.99
$486.23
$583.48
 

* (Gross Loan - Processing Fee - Administrative Fee)1
1. Processing fee of $200 and administrative fee of 1% of gross loan amount will apply.
2. The monthly instalment amount is calculated on a monthly-rest basis.
3. Terms and Conditions apply. Rates are subject to change.

**Interest Rate ranges from 6.25% p.a. to 10.50% p.a. and subject to change at the Bank's sole discretion.

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