Continue...Bank Housing Loan Rate

HOUSING LOAN ANALYSIS

Loan Amount	:	$300,000.00
Loan Period (Yrs)	:	20

Bank : HSBC Package : 3MSIBOR_No Penalty_300K Comp Oct10 Interest Expenses Fst Yr $4,706.17 Fst 3 Yrs $15,810.97 Fst 5 Yrs $27,028.38 Fst 10 Yrs $49,706.98 Total $68,898.97 Interest Rate Monthly Installment Year 1 1.60% $1,461.47 Year 2 1.80% $1,489.40 Year 3 2.25% $1,553.42 Year 4 2.25% $1,553.42 Year 5 2.25% $1,553.42 Year 6 2.25% $1,553.42 More Legal Subsidy : $1,500.00 Free Fire Insurance (Yrs) : 1 Full Redemption Penalty : Refund of legal subsidy within 3 years. Partial Repayment Penalty : Partial repayment allowed provided o/s loan does not fall below $100K in Year 1. Legal Subsidy (%) : 0.5 Min Loan Max Subsidy : Min loan $300K and up to $2.5K subsidy. Others:- (1) cancellation fee at 1.5% on amt cancelled/undisbursed. (2) Interest rate is:- Year 1 at 3mth SIBOR + 0.90% Year 2 at 3mth SIBOR + 0.80% Thereafter at 3mth SIBOR + 0.75% Above interest rate is assuming 3mth SIBOR at 0.7% in Year 1; 3mth SIBOR at 1% in Year 2 and thereafter at 3mth SIBOR at 1.5% The 3mth SIBOR rate is published in Business Times. (3) Interest rate is determined on first business day of the month.

Bank : HSBC Package : 1MSIBOR_NoPenalty_300K comp Oct10 Interest Expenses Fst Yr $4,411.14 Fst 3 Yrs $16,063.67 Fst 5 Yrs $27,785.60 Fst 10 Yrs $51,509.79 Total $71,582.60 Interest Rate Monthly Installment Year 1    1.50% $1,447.64 Year 2    1.90% $1,503.48 Year 3    2.35% $1,567.88 Year 4    2.35% $1,567.88 Year 5    2.35% $1,567.88 Year 6    2.35% $1,567.88 More

Legal Subsidy :	$1,500.00
Free Fire Insurance (Yrs) :	1
Full Redemption Penalty :	Refund of legal subsidy within 3 years.
Partial Repayment Penalty :	No Penalty. Partial repayment allowed in Year 1 provided o/s loan after partial repayment is at least $100K.
Legal Subsidy (%) :	0.5
Min Loan Max Subsidy :	Min loan $300K and up to $2.5K subsidy. Others:- (1) cancellation fee at 1.5% on amt cancelled/undisbursed. (2) Interest rate is: Year 1 at 1mth SIBOR + 1.0% Year 2 at 1mth SIBOR + 0.9% Year 3 at 1mth SIBOR + 0.85% Thereafter at 1mth SIBOR + 0.85% Above interest rate is assuming 1mth SIBOR at 0.5% in Year 1; 1% in Year 2 and thereafter at 1.5% The SIBOR rate is pubished in Business Times. (3) Interest rate is determined on first business day of the month.

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Bank : STD Chartered Package : 3MSIBOR_NoPenalty_100K_Comp Oct10 Interest Expenses Fst Yr $4,263.66 Fst 3 Yrs $16,443.70 Fst 5 Yrs $29,426.15 Fst 10 Yrs $55,769.22 Total $78,031.04 Interest Rate Monthly Installment Year 1    1.45% $1,440.75 Year 2    1.85% $1,496.43 Year 3    2.60% $1,604.36 Year 4    2.60% $1,604.36 Year 5    2.60% $1,604.36 Year 6    2.60% $1,604.36 More

Legal Subsidy :	$1,500.00
Free Fire Insurance (Yrs) :	999
Full Redemption Penalty :	Refund of legal subsidy/valuation/fire ins within 3 years.
Partial Repayment Penalty :	Allowed
Legal Subsidy (%) :	0.5
Min Loan Max Subsidy :	Min loan $100K and up to $2K subsidy. Others:- (1) Interest rate is: Year 1 at SIBOR + 0.75%. Year 2 at SIBOR + 0.85% Thereafter at SIBOR + 1.10% Above interest rate is based on SIBOR at 0.7% in Yr 1; 1% in Yr 2 and thereafter at 1.5%. (2) Interest rate is determined based on the 3mth SIBOR as at 1st business day on the month of disbursement. (3) cancellation fee at 1.5% (4) Free fire insurance for life of loan. (5) come with one time free conversion (6) come with 2/3 interest offset feature.

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Bank : MAYBANK Package : 3MSIBOR_1YrPenalty_100K Aug10 Promo Interest Expenses Fst Yr $3,542.27 Fst 3 Yrs $16,613.59 Fst 5 Yrs $30,443.24 Fst 10 Yrs $58,612.42 Total $82,786.86 Interest Rate Monthly Installment Year 1    1.20% $1,406.62 Year 2    2.00% $1,517.65 Year 3    2.75% $1,626.50 Year 4    2.75% $1,626.50 Year 5    2.75% $1,626.50 Year 6    2.75% $1,626.50 More

Penalty Period (Yrs) :	1
Legal Subsidy :	$1,200.00
Free Fire Insurance (Yrs) :	1
Full Redemption Penalty :	1.5% of loan outstanding within penalty period + refund of legal subsidy/fire insurance/valuation subsidy ($500) within 3 years. After penalty expiry, any repayment must fall on Rate Review Date, otherwise 1.5% fee on amount repaid is payable.
Partial Repayment Penalty :	1.5% of aggregated amt prepaid if aggregated prepayment within penalty period > 20% of original loan amt. No penalty if prepay up to 20% of loan within penalty period. After penalty expiry, any prepayment must fall on Rate Review Date, otherwise 1.5% fee on amount prepaid is payable.
Legal Subsidy (%) :	0.4
Min Loan Max Subsidy :	Min loan $100K and up to $2.5K subsidy. Others:- (1) cancellation fee 1.5% (2) Interest rate :- Year 1 at 3mth SIBOR + 0.5% Year 2 at 3mth SIBOR + 1% Thereafter at 3mth SIBOR + 1.25% Above is based on 3mth SIBOR at 0.7% in Yr 1, 1% in Yr 2 and thereafter at 1.5%.

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HOUSING LOAN ANALYSIS

Loan Amount	:	$300,000.00
Loan Period (Yrs)	:	20

Bank : HSBC Package : 1MSIBOR_2YrPenalty_300K Comp Oct10 Interest Expenses Fst Yr $3,526.72 Fst 3 Yrs $14,465.75 Fst 5 Yrs $26,903.67 Fst 10 Yrs $52,087.96 Total $73,214.56 Interest Rate Monthly Installment Year 1 1.20% $1,406.62 Year 2 1.75% $1,482.39 Year 3 2.25% $1,553.42 Year 4 2.50% $1,589.71 Year 5 2.50% $1,589.71 Year 6 2.50% $1,589.71 More

Penalty Period (Yrs) : 2 Legal Subsidy : $1,500.00 Free Fire Insurance (Yrs) : 1 Full Redemption Penalty : 1.5% of outstanding loan within 2 years + Refund of legal subsidy within 3 years. Partial Repayment Penalty : 1.5% on prepaid amount within penalty. Legal Subsidy (%) : 0.5 Min Loan Max Subsidy : Min loan $300K and up to $2.5K subsidy. Others:- (1) cancellation fee at 1.5% on amt cancelled/undisbursed. (2) Interest rate is: Year 1 at 1mth SIBOR + 0.70% Year 2 at 1mth SIBOR + 0.75% Year 3 at 1mth SIBOR + 0.75% Thereafter at 1mth SIBOR + 1% Above interest rate is assuming 1mth SIBOR at 0.5% in Year 1;  1% in Year 2 and thereafter at 1.5% The SIBOR rate is pubished in Business Times. (3) Interest rate is determined on first business day of the month.

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Bank : CITIBANK Package : SIBOR_Penalty2Yr_250K Comp (no offset) Oct10 Interest Expenses Fst Yr $3,968.80 Fst 3 Yrs $15,185.49 Fst 5 Yrs $27,639.90 Fst 10 Yrs $52,869.16 Total $74,102.42 Interest Rate Monthly Installment Year 1    1.35% $1,427.03 Year 2    1.75% $1,482.39 Year 3    2.35% $1,567.88 Year 4    2.50% $1,589.71 Year 5    2.50% $1,589.71 Year 6    2.50% $1,589.71 More

Penalty Period (Yrs) :	2
Cash Rebate :	$0.00
Legal Subsidy :	$1,200.00
Full Redemption Penalty :	1.5% of amt prepaid within 2 years + refund of legal subsidy/valuation subsidy within 3 years. After penalty period, if full repayment does not fall on rollover dates, breakage fee 0.5% of amount prepaid payable.
Partial Repayment Penalty :	1.5% of amt prepaid within 2 years + proportionate refund of legal subsidy if partial repayment made within 3 years. After penalty period, if partial prepayment does not fall on rollover dates, breakage fee 0.5% of amount prepaid payable.
Legal Subsidy (%) :	0.4
Min Loan Max Subsidy :	Min loan $250K and up to $2500. Others:- (1) Interest rate is:- Year 1 at SIBOR + 0.65%; Year 2 at SIBOR + 0.75% Year 3 at SIBOR + 0.85% Thereafter at SIBOR + 1.00%. Option to choose 3mth / 6mth / 12mth SIBOR. Above interest rate is assuming 3mth SIBOR at 0.7% in Year 1; 1% in Year 2 and thereafter at 1.5% (2) Cancellation fee 1%. (3) 1mth SIBOR is not offered to HDB.