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Davin

27 Nov 2019

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Is there any bank in Singapore that allows bi-weekly payment for home mortgage loan?

If not, are there other options available that would be recommended?

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Pang Zhe Liang

27 Nov 2019

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

Not that I am aware of.

If your concern is on the interest payable or has the intention to make early repayment to the loan (so that the entire loan is paid off earlier), then check with the provider (e.g. banks) to see how you will be able to work out a monthly instalment with an ad-hoc payment every month.

From there, they will be able to advise you on the best way to reduce the total loan payable.

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