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RENOVATION LOAN MONTHLY INSTALMENT SCHEDULE
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INTEREST
RATE
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GROSS LOAN (S$)
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NET LOAN*
(S$)
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MONTHLY INSTALMENT (S$)
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12 MTHS
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24 MTHS
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36 MTHS
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48 MTHS
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60 MTHS
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Loan $5,000 to $14,999 , Any Repayment Period
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6.5%**
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$10,000.00
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$9,700.00
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$862.96
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$445.46
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$306.49
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$237.15
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$195.66
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Loan $15,000 to $30,000 , Repayment Period 12, 24 and 36 Months
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6.18%**
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$1,292.24
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$1,722.98
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$2,584.48
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$ 666.03
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$ 888.04
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$1,332.05
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Loan $15,000 to $30,000 , Repayment Period 48 and 60 Months
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5.98%**
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*(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 rates are subject to change at the Bank’s sole discretion
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