MORTGAGE PLANNING

Are You Paying Too Much Interest In Your Mortgage?

Your Existing Financial Commitment Could Bring YOU Greater Financial Freedom 

Buying A Home May Be The Single Greatest Investment In Your Lifetime

Whether you have purchased a HDB, condominium, bungalow or commercial property, refinancing the mortgage on your property could save up to thousands of dollars per year by reducing interest payments. 

How It Works 

Example

You have an outstanding balance of $400,000 left on your home mortgage, and 30 years remaining to pay the balance.

If you had taken out your home mortgage at an annual interest rate of 5% p.a., your monthly payments towards the balance will be:

$2,147 per month

By the time you have paid the remaining $400,000 loan with interest, it would have cost you :

$773,023


By refinancing your mortgage and reducing your annual interest by just one percent to 4% per anum, your monthly payments for the remaining 30 years of the mortgage will be:

$1,910 per month

By the time the remaining $400,000 loan is paid with interest, it would have cost you:

$687,478

More Savings...

What's More... By refinancing your mortgage and reducing your annual interest by two percent to 3% per anum, Your monthly payments for the remaining 30 years of the mortgage will be: $1,686 per month By the time the remaining loan is paid with interest, it would have cost you $607,110 Your savings will be $461 per month, $5,532 per year, and $165,913 in total

	Guess What can You Do With The Extra Saving ? With the added savings you can Invest to provide greater return towards your retirement, child’s education, or for everyday expenses, especially during this recession times......

With an active network for refinancing with a panel of banks - such as DBS, UOB, HSBC, May Bank, Standard Chartered Bank, Hong Leong Finance and other financial institutions that provide up to 12 different payment alternatives for refinancing - individuals can obtain the most attractive market rates.