Currently, I am thinking of applying for a mortgage loan for my property. I would like to know how does a bank determine the mortgage rate in Singapore and how does HDB determine its interest rate so that I will be able to better predict my cashflow in the future.
Submitted by: Tommy
Before you apply for a home loan, it is advisable for you to read the ABS Guide on "Home Loans - Key Questions to Ask the Bank Before Taking a Home Loan". You may download the Guide . The Guide will be able to address your query on interest rate.
