I was comparing the info here: http://www.hdbloan.com/hdbbankloan/

and the package offered by HLF.

2-Year Fixed Rate Package

1.18% (Fixed)

1.68% (Fixed)

2.18% (HHR - 2.07%)

For the same type, HLF seems better. Am I missing anything?

I am not sure how they got numbers for the 3rd year though.

Or should I be looking at fixed rates in the first place? or should i depend on the SIBOR to be low?

p.s is legal subsidy the same for all bank? HLF giving 0.5% of loan up to $2000.

I was comparing the info here: http://www.hdbloan.com/hdbbankloan/

and the package offered by HLF.

2-Year Fixed Rate Package

1.18% (Fixed)

1.68% (Fixed)

2.18% (HHR - 2.07%)

For the same type, HLF seems better. Am I missing anything?

I am not sure how they got numbers for the 3rd year though.

Or should I be looking at fixed rates in the first place? or should i depend on the SIBOR to be low?

p.s is legal subsidy the same for all bank? HLF giving 0.5% of loan up to $2000.

Hi,

Legal subsidy differs from bank to bank. Some based on 0.4%, some 0.5% loan amount. And the capped limit differs as well.

3rd year onwards is based on the Hong Leong's own board rate minus the bank spread. HLF maintains the right to adjust their board rate, thus it is not very transparent. If you are looking specifically for 2 year fixed rate package, there are better offers by other banks. Feel free to PM me your email address and I can send you the details, as well as highlight the overall differences of the loan structures on why the others 2 year fixed rate packages are better. You can speak to us for any housing loan related issues/queries. Cheers.

Edited June 2, 201115 yr by MortgagePremier