Exploring Different Home Loan Options in Singapore
Congratulations, you have decided to buy a house! Now, you may be wondering what the various home loan options are to finance your purchase. Firstly, let’s delve into a comparison of the different types of home loan options in Singapore: fixed rate mortgage and floating rate packages. Fixed rate packages refer to home loans with an interest rate that remains constant, usually throughout the lock-in period only, which is the first few years of the loan tenure. After which, the