CIMB Private Property Loan
Lock-In Period
Interest Rate (1st year)
Monthly Repayment (1st year)
Loan Amount
Loan Tenure
CIMB’s Private Property Loan offers the lowest fixed rate in Singapore from 1.20% p.a. for 2 years for a minimum loan of $200,000 for individuals who are looking to purchase a private residential property or refinancing an existing mortgage.
ALL DETAILS
Key Features
- Purchase your dream properties with the lowest published interest rates
- Reduce your indebtedness flexibly with the assurance of zero partial prepayment fee
- Minimize your initial outlays with a loan-to-value ratio of up to 75%
- Enjoy a loan tenure of up to 30 years (depending on the applicant’s age)
- Minimum loan amount: $200,000
- Minimum income requirement of $36,000 annually
Loan Packages
CIMB Fixed Rate Loans
| Interest for First Year | Lock-in Period |
| 1.20% | 2 years |
| 1.25% | 3 years |
| 1.30% | 3 years |
CIMB Tracker Loans
| Interest for First Year | Lock-in Period |
| 1.53% | 2 years |
| 1.73% | 2 years |
Fees and Charges
| Rescheduling Fee | S$200 |
| Late Payment Fee | Prime Lending Rate + 5% (subject to S$30 minimum) |
| Change of Insurer for Fire Insurance | S$200 per year |
Promotions
Until April 30, 2021, secure a Private Property Loan, with a minimum loan amount of $1,000,000, at a fixed rate of 1.12% p.a. for two years. The applicant must use the loan to fund the purchasing of a private residential property or refinancing an existing private residential CIMB mortgage loan.
Until April 30, 2021, individuals with property loans may apply for a reduced instalment repayment plan pegged at 60% of the original monthly instalment. This promotion applies in Singapore (HDB, Private and Commercial), Australia, London and Malaysia.
Disclaimer: This information may differ from what you see when you visit other financial service websites or the product’s official site, but Loan Advisor continues to keep every detail updated and accurate. This site may be compensated through third-party advertisers. However, the results of our comparison tools which are not marked as sponsored will always be based on objective analysis.
Customer Top Reviews
