Identifies HDB’s property financing, where concessionary interest rate are pegged at 0

That time where, for those who fully redeem your own mortgage, the bank will reclaim the expense of « freebies » provided for your requirements after you obtained a loan together. Such generally include the judge subsidy and perhaps, valuation charges and flames insurance costs.

A study away from similar features in the region that were has just marketed otherwise pending product sales. It’s usually provided with a home broker to help you a buyer, as a factor getting assessment towards the property your consumer is drawn to. The fresh new CMA support the buyer determine if they are investing a reasonable rates on the possessions and just how much he is always to offer.

1% above the prevailing CPF Average Account interest rate. Its examined quarterly, according to research by the CPF rate of interest posts.

Build Loan are a short-label loan getting financial support the building out of a special assets, or even the reconstruction, inclusion otherwise adjustment of your own present possessions

A choice provided with the bank so you’re able to reprice your current home mortgage at no cost, immediately after an agreed several months about go out of your very first disbursement.

The brand new judge procedure for transferring the newest ownership from a property (or house label) from just one individual another type of.