Announcement: With effect from 1 June 2022, we will be revising the Fees and Charges for Property Loans secured by all types of properties. Please click here for details.
Announcement: With effect from 1 June 2022, we will be revising the Fees and Charges for Property Loans secured by all types of properties. Please click here for details.
Illustration of 3-Month Compounded SORA The 3-Month Compounded SORA is updated every 3 months. D% and E% are 3-Month Compounded* SORA published by MAS on 4 Mar 2021 and 4 Jun 2021 respectively. Find out more on how SORA works here *Further reading material on use of SORA in financial contracts:
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UOB 3-Month Compounded SORA Home Loan Package
Welcome to the UOB 3-Month Compounded SORA Home Loan package that gives you better control of your finances.
UOB 3-Month Compounded SORA Home Loan (Completed only) | |
Year 1 | 3M Compounded SORA + 0.80% p.a. |
Year 2 | 3M Compounded SORA + 0.80% p.a. |
Year 3 | 3M Compounded SORA + 1.00% p.a. |
Thereafter | 3M Compounded SORA + 1.00% p.a. |
Lock in Period | 2 years |
Rate Refresh | Every 3 months |
Special Features |
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3M Compounded SORA refers to the 3-Month Compounded SORA that is published on MAS’ website. It is currently at 0.4861% p.a. (as at 23 May 2022). Find out more on SORA.
^This means that prepayment penalty is payable if upon UOB’s receipt of the partial prepayment request during the Lock in Period, the outstanding Loan amount is less than S$200,000 or, as a result of the partial prepayment the outstanding Loan amount will be less than S$200,000.
#This means that, in the event that the redemption of the Loan is due to sale of the Property and this redemption is within the Lock in Period, the redemption fee will be reduced by 50% subject to UOB’s receipt of satisfactory documentary evidence of the sale of the Property. In addition, the Borrower will be eligible for a refund of the reduced redemption fee paid to UOB if the Borrower fulfills the following conditions:
(i) the Borrower accepts a new loan from UOB of which the new loan amount is equal or higher than the redeemed loan amount;
(ii) such new loan is accepted by the Borrower within 6 months from date of redemption of the Loan;
(iii) the Borrower furnishes a signed copy of the Letter of Offer; and
(iv) such other condition(s) as may be determined by UOB.
Private Home Loan |
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HDB Home Loan |
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Refinancing |
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Property Equity Financing |
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Secure your dream home faster with UOB Private Home Loan |
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Secure your dream home quickly with an instant HDB Home Loan approval |
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Refinance your residential or commercial property with UOB to enjoy great savings |
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Unlock the value of your property to get cash |
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This publication is strictly for information purposes only and shall not be transmitted, disclosed, copied or relied upon by any person for whatever purpose. This publication is not an offer, recommendation, solicitation or advice to buy or sell any investment product. Nothing in this document constitutes accounting, legal, regulatory, tax, financial or other advice. You should consult your own professional advisors about issues discussed herein. While the information provided in this publication is believed to be accurate as at the date of publishing, UOB makes no representation or warranty, and accepts no responsibility or liability for its completeness or accuracy.