Article: Reduce monthly installments by paying lesser principal - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Investments and Net Worth

Investments and Net Worth Talk all about money making exploits, shares, property and building net worth




Article: Reduce monthly installments by paying lesser principal

Reply
 
Thread Tools
  #1 (permalink)  
Old 11-07-2012, 02:02 AM
Junior Member
 
Join Date: Jun 2012
Posts: 2
fahl.sean is on a distinguished road
Default Article: Reduce monthly installments by paying lesser principal

If you wish to maximize cashflow from your property (especially the investment one), look no further and please continue to read about Mortgage Choice!

Introducing to you the latest home loan product, Mortgage Choice. This offers a repayment scheme that allows you to pay interest and only a portion of principal. This package is very attractive for investors especially if you are planning to rent out the unit and have the rental income offset your installment substantially. Chances are, you will have a positive cash flow every month from this Mortgage Choice.

What is Mortgage Choice
Mortgage Choice helps you with your cash flow, so that you can own a house and have more cash in hand.

Mortgage Choice is a new Home Loan repayment feature allowing you to choose a fixed monthly installment for up to 2years to ease cash flow.



Choice
Fixed installment amount of your choice for duration of your choice – either 1 or 2 years (after TOP).
Your choice to opt-out at any time to resume regular instalment.
Choice of 3M SIBOR + 0.78% onwards or Variable Rate from 1.08% onwards.


Cash Flow
Cash flow is eased in the initial years so that you can channel to other commitments.
Conserve CPF funds in Ordinary Account to earn higher interest or use CPF funds for other investments. (for Singaporeans & SPRs only)


Ease
No hassle of making capital repayment
For SIBOR packages, no need to change installment amount every 3mths during the fixed installment period.


In order to have some element of stability in the monthly instalment payable for the next couple of years, the customer can take up the Mortgage Choice package which allows the customer to lower the monthly instalment payable. This will allow the customer to enjoy the benefits of the current low interest rates as well as the stability offered by a fixed monthly payment.

Click here for information to reduce instalments and increase cashflow and yield.

Reply With Quote
  #2 (permalink)  
Old 31-03-2013, 07:50 AM
Unregistered
Guest
 
Posts: n/a
Default

Can explain more about it?

Reply With Quote
Reply

Bookmarks

Tags
low interest rates, mortgage choice

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Best-paying jobs in the US Salary.sg Income and Jobs 1 25-09-2021 07:27 PM
Top paying industry Salary.sg Income and Jobs 1 25-09-2021 07:24 PM
Monthly/Annual Salary for Sales Management Roles heartlander Income and Jobs 7 28-02-2017 03:29 PM
FIRST ARTICLE TECHNICIAN (Industry: Oil & Gas) techsearch Marketplace and Find Work 0 07-10-2010 10:47 AM
Benchmark Your Monthly Pay By Age & Gender 2009 Salary.sg Income and Jobs 8 19-09-2009 10:16 PM

» 30 Recent Threads
Is getting a PMP worth it ?
4 Replies, 7,090 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
15,309 Replies, 4,983,364 Views
Lawyer Salary ( 1 2 3... Last Page)
21,014 Replies, 10,329,376 Views
GovTech ( 1 2 3... Last Page)
5,161 Replies, 2,163,585 Views
Career as Teacher ( 1 2 3... Last Page)
10,833 Replies, 6,666,202 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
1,801 Replies, 1,044,064 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
679 Replies, 388,369 Views
Visa Graduate Development Program ( 1 2 3... Last Page)
207 Replies, 134,584 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,922 Replies, 2,902,639 Views
UOB Management Associate Program ( 1 2 3... Last Page)
1,455 Replies, 784,424 Views
Nparks ( 1 2 3... Last Page)
39 Replies, 34,376 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,828 Replies, 4,656,825 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
309 Replies, 369,022 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,338 Replies, 4,770,429 Views
Compare civil service salary ( 1 2 3... Last Page)
16,342 Replies, 12,455,238 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
169 Replies, 309,138 Views
Constituency Manager (People... ( 1 2 3... Last Page)
989 Replies, 813,930 Views
Julius Baer Graduate Program 2023 ( 1 2 3)
21 Replies, 14,806 Views
Roles in accenture singapore ( 1 2 3... Last Page)
7,385 Replies, 2,324,153 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
752 Replies, 358,420 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
1,049 Replies, 440,572 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,464 Replies, 1,375,219 Views
ST Electronics ( 1 2 3... Last Page)
3,767 Replies, 1,544,641 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,260 Replies, 613,588 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,123 Replies, 3,738,515 Views
MX12 reappointed at MX11
8 Replies, 816 Views
Hospital (Private or Public)... ( 1 2 3... Last Page)
749 Replies, 405,529 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,329 Replies, 1,142,141 Views
MFA- Foreign Service... ( 1 2 3... Last Page)
54 Replies, 84,975 Views
Cybersecurity/Info security career ( 1 2 3... Last Page)
511 Replies, 268,601 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 04:53 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2