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Curry Chicken
11th April 2012, 09:35 PM
My nephew just bought a property and I was thinking he should take up a bank loan since the interest rate is lower than the HDB concessionary home loan rate. What do you guys think?

HalcyonVI
12th April 2012, 07:08 PM
If he's selling in around 5 years, it's probably best to go with a bank. Take a look at this article http://www.myhousingloan.com.sg/housing-loan-resources/housing-loan-articles/hdb-home-loan.php :)