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Yanisa Koh

25 Dec 2019

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Should I take a HDB loan or bank loan for my upcoming BTO?

Is it very troublesome to keep refinancing a bank loan? What are the considerations of which to take? Should I take a longer or shorter loan if I'm comfortable with the repayment amounts?

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Dawn Fiona

25 Dec 2019

I'm in favour of a bank loan now because interest rates are so low. For reference, I'm paying just 1.8% on my bank loan for my flat whereas the HDB loan is at 2.6%. That's a LOT of difference.

Of course, the risk is that bank interest rates may go up in the coming years but at the moment it's a risk I'm willing to take, given the huge savings.

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Choon Yuan Chan

24 Dec 2019

Hdb loan due to its simplicity in interest and ease of approval

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Isabel Wong

24 Dec 2019

Bank loans are currently cheaper. But refinancing may not always be worth it - as you incur a fee if...

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For 2 room BTO, should i apply HDB or bank loan (100k-130k). If I am taking HDB loan should i apply max loan period 25 years or pay full asap by max out my OA.

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During my second HDB appointment, I indicated for HDB loan. My BTO key collection is end 2022. Can I change to Bank loan now instead? If ok, by when i need to decide to go for bank loan? thanks!?

In current interest rate climate, shld we go for bank or hdb loan? I also understand the idea of some who recommended taking HDB and switch to Bank loan. Also, don't intend to sell the resale flat?

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