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Financing Tenure (Years) | Monthly Rest Profit Rate^ (p.a.) | Processing Fee | Effective Profit Rate (p.a.)** | Monthly Instalment Amount* |
---|---|---|---|---|
1 | 4.33% (CPR-1.17%) | 1% of the approved financing amount (deducted upon disbursement | 6.21% | S$2,133 |
2 | 4.33% (CPR-1.17%) | 5.31% | S$1,090 | |
3 | 4.33% (CPR-1.17%) | 5.00% | S$742 | |
4 | 4.20% (CPR-1.30%) | 4.71% | S$567 | |
5 | 4.20% (CPR-1.30%) | 4.61% | S$463 |
Loan Tenure (Years) | Monthly Rest Interest Rate | Processing Fee | Effective Interest Rate** | Monthly Instalment Amount* |
---|---|---|---|---|
1 | CIMB Prime Rate - 0.11% p.a.^ | 2% | 9.18% | S$1,716 |
2 | 7.38% | S$881 | ||
3 | 6.75% | S$603 | ||
4 | 6.42% | S$465 | ||
5 | 6.23% | S$382 | ||
6 | 6.10% | S$326 | ||
7 | 6.00% | S$287 | ||
8 | 5.93% | S$257 | ||
9 | 5.88% | S$235 | ||
10 | 5.83% | S$216 |
Loan Tenure (Years) | Monthly Rest Interest Rate | Processing Fee | Effective Interest Rate** | Monthly Instalment Amount* |
---|---|---|---|---|
- | Course of study First 4 years: CIMB Prime Rate + 0.49% p.a.^ |
2% | - | S$100 |
5 | Thereafter: CIMB Prime Rate - 0.11% p.a.^ | 6.44% | S$1,716 | |
6 | 6.34% | S$881 | ||
7 | 6.27% | S$603 | ||
8 | 6.21% | S$465 | ||
9 | 6.15% | S$382 | ||
10 | 6.11% | S$326 |