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Sep 2, 2010

Citibank Housing Loan Package

Citibank Housing Loan Package

We highlight Citibank Housing Loan Package in Singapore. This Citibank bank housing loan package is taken from Citibank bank in Singapore.

Some of the Citibank Housing Loan Package details for year 2010 are shown today.

Citibank Housing Loan Packages:

Home Loan Fees and Rates

Interest Rates of Citibank Housing Loan Package:

Citibank offers a variety of Board Rate* as well as Index Linked (SIBOR/SWAP linked) packages. Please speak to us today on 62255225 for our latest interest rate packages.

Prepayment Fee of Citibank Housing Loan Package:

A prepayment fee may be applicable on partial or full prepayment of your loan depending on your loan package.


Administrative fee for effecting fire insurance for the mortgaged property of Citibank Housing Loan Package:

S$100 per year per renewal

Administrative fee for repricing of Citibank Housing Loan Package:

Up to 1% of loan outstanding at the time of request
Administrative fee for subsequent valuation requested by customer
S$50 (This does not include the actual cost of valuation charged by the valuers, which will be borne by the customer).

Third party costs of Citibank Housing Loan Package:

Refers to costs such as legal, valuation etc. which are chargeable as applicable by the relevant third parties.

Important Information of Citibank Housing Loan Package:

For a Board Rate package, the Board Rate (if any) quoted to you applies only to the loan package you enquired about. The Board Rate may differ from the Banks Board Rates applicable to other home loan packages and/or banking products. The Board Rate is subject to change by the Bank from time to time, depending on the Banks internal cost of funds, against which the said Board Rate is benchmarked. Upon commitment AND disbursement of your loan, the Bank will inform you of any change in the applicable Board Rate by giving you 30 days' notice.

For an Index Linked (SIBOR/SWAP) package, the interest rate quoted to you is benchmarked against the Singapore Interbank Offered Rate ("SIBOR")/SWAP mid rate. Accordingly, the interest rate quoted to you is indicative and is subject to any fluctuations in SIBOR/SWAP mid rate. The effective interest rate in respect of your loan will be set out in the Banks facility letter to you and will be computed based on the applicable SIBOR/SWAP mid rates on the specified reference date(s) and shall include any other pricing component which will vary according to your home loan package. The Bank is not required to give you advance notice of the SIBOR/SWAP mid rates which are applicable to your loan.

You may request for a Citibank Housing Loan Package loan repayment schedule based on your choice of loan package. Alternatively, you may retrieve the loan repayment information at www.citibank.com.sg.

Citibank Housing Loan Package details are subject to change.

Housing Loan Rate

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