Author Archives: MyMortgage.sg Team

What is UOB FDPR?

With UOB joining the ranks of changing from using 36 Months Fixed Deposit Rate to 15 Months Fixed Deposit Rate. UOB call their FD linked mortgage index as FDPR (Fixed Deposit Property Rate). Like DBS FHR9,  15M FDPR would means its is pegged to UOB 15 months fixed deposit rate which is currently 0.25%. A typical […]

Continue Reading...

What is housing loan amortization?

Most car loans are based on simple interest (Loan Amount x Interest Rate x Loan Tenure), which means even if you made an early full loan redemption, you still pay the same amount of interest to the lender.  On the other hand, Amortized loan such as a mortgage loan, interest is charged till the point […]

Continue Reading...

Driving to Malaysia? Read this first!

Have gotten this warning from my Malaysia friends. I would like to share these tips with you guys! Don’t turn your holiday into a nightmare. All north-south highway users who are planning to stop at any R&R for toilet break, eat, rest or pray. It is not advisable to leave your vehicle unattended while parked.  […]

Continue Reading...

How to get your credit card annual fee waived

You received your monthly credit card statement, scrolling down and you saw the annual fee charges. Damn, bang table time again. Well well, if you know what criteria the bank is looking at, your annual fee waiver process will be much easier. First of all, most banks have moved this type of request to their […]

Continue Reading...

Why your internet still slow after changing to a 1Gbps line?

You got excited after signing up for a 1 Gbps line from your telco and patiently waited for the telco guy to come and setup your fiber modem. But after the telco guy is gone, you found that the internet speed did not improve a lot.  You called the telco to check and they said its […]

Continue Reading...

Should you change telco to Circle Life?

Telcos want to make money, you want to save money. We help you do it! At $50 a month, you get 26 gb of data usage compared to paying over $62.90 (Starhub 4G4 Contract Plan) for a mere 4gb of data usage. It is a very good deal indeed. But let’s look at it in […]

Continue Reading...

Do you really need fire insurance for your house?

HDB made it mandatory to purchase it if you buy a HDB unit with a loan, most banks also made it mandatory if you take up their housing loan to purchase a property in Singapore. The question is why? It is because you took a loan from HDB/Banks, and they are concerned that if the […]

Continue Reading...

NTUC Linkpoints

Ever thought of walking the extra mile to NTUC Fairprice to buy a thing or two? not because it is cheaper but for the link points? I’m sure some will (and I’m one of them) until i found out something about it. NTUC Fairprice cashiers are so well trained that they will always ask you […]

Continue Reading...

What is DBS FHR9?

As the battle for mortgage loan market continues, DBS has launched new mortgage loan packages pegging to its 9 months fixed deposit rate on top of its FHR18 packages. With the current 9 month fixed deposit at 0.25% p.a, it is the lowest index among all banks (UOB and OCBC fixed deposit linked mortgage loans […]

Continue Reading...

How does Mortgage Broking works?

  Get Started Here

Continue Reading...