Justina Tan and her husband Bernard Loh decided to take HDB loan to pay for their 5-room flat

[whoami]

You can get fixed rate loan at 1.5% fixed for 3 years, after which you refinance. I would have though HDB adjust to market no?

Yes. U need to look around to refinance again.Those on long term loan do take note. If interest rate go north, u cant go back to HDB loan.

 

[rushifa666]

These idiots are retrenched they can suicide already

 

[rushifa666]

and whats with the fake angmoh names. Mothers were comfort women?

 

[TerrexLee]

You can get fixed rate loan at 1.5% fixed for 3 years, after which you refinance. I would have though HDB adjust to market no?

necro old thread for fuck????

 

[hbk75]

And then burden their kids to pay off the remaining hdb loan. No long term planning and vision from these lazy bums. They deserve to be screwed many times over by hdb and govt.

Let me ask u. If jobless stay in jurong or town area got difference?

 

[rodent2005]

Why not buy 3 room flat is got no money?

 

[bobby]

Public housing is not public housing if the public cannot afford it....

 

[ginfreely]

Did the couple know that the HDB housing loan interest rate of 2.6% was significantly higher than the 1.4% to 1.8% that the banks were offering?

Yes, they did. They had also heard about refinancing before, and knew that they could explore their options after a few years to save on interest costs. However, as the years went by, they got increasingly busy with work and other aspects of their lives, and the mortgage gradually became something they just never spared much thought to anymore.

Sinkies are so lazy. Last time when young I used to refinance not just every two years but almost every year to save interest costs. It was a hassle then but can save thousands.

 

[ginfreely]

Sinkies are so lazy. Last time when young I used to refinance not just every two years but almost every year to save interest costs. It was a hassle then but can save thousands.

I am 0.01% Singaporeans who are diligent to refinance housing loanS every year to save money. And I am talking about two decades ago with much more difficulty to do refinance. Now everything online still got sinkies so lazy don’t bother to refinance.