FindaHomeLoan.sg, the online housing loan comparison portal in Singapore, launched a new online tool that lets users calculate the impact on monthly instalments depending on the movements of interest rates. The "What-If Home Loan Calculator" allows users to input 2 sets of interest rates from year 1 to 3, and it calculates the monthly installments, differences in installments and interests payable.

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FindaHomeLoan.sg Launches
First What-If Home Loan Calculator in Singapore

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By Sean Lim
Founder of FindaHomeLoan.sg
Trusted by clients, Quoted in media

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About Us
FindaHomeLoan.sg is
 Top referrer of Standard Chartered (Singapore) Limited in 2013
 Your mortgage partner for property loans in Singapore,
Australia, UK, Japan and many countries
 A home loan comparison portal in Singapore
 Full transparency of mortgage rates
 Comprehensive information
 Unbiased comparison
 Free consultation

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The “What-If Home Loan Calculator”
FindaHomeLoan.sg, the online housing loan comparison portal in
Singapore, launched a new online tool that lets users calculate the
impact on monthly instalments depending on the movements of
interest rates.
The "What-If Home Loan Calculator" allows users to input 2 sets of
interest rates from year 1 to 3, and it calculates the monthly
installments, differences in installments and interests payable.

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The “What-If Home Loan Calculator”

6. +The “What-If Home Loan Calculator”
This tool is free-to-use by the members of public. It can be used for many
scenarios, such as:
• Compare installments and interests based on interest rates of 2 home loans
• Consider the impact of cashflow if interest rates move in the future or next 3
years
• For refinancing customers, you can use this to compare the best mortgage
with a reprice package offered by your current bank
• Compare the differences between fixed and variable home loans interest rates
• Estimate your HDB home loan affordability based on 3% interest rate for all
years and calculate if the monthly installment exceed 30% of your monthly
income. This is a very important metric due to the 30% Mortgage Servicing
Ratio guideline introduced in January 2013

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Why this tool?
"We designed this tool, with the interests of the general public and
visitors to our portal. We understand that some prefer to compare and
calculate based on "what-if" scenarios. This calculator is the perfect
tool in empowering you to do so at your leisure."
This tool is the first to launch in Singapore and hinted that more tools
are in the pipeline. The calculator is provided for informational
purposes only.
Actual comparison should be performed using the Home Loan
Calculator Tool or Refinance Comparison Calculator to find out suitable
loan rates.

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Visit Us
• Web : http://www.FindaHomeLoan.sg
• Facebook: https://www.facebook.com/FindaHomeLoan
• Google+ : http://goo.gl/oj09A
THIS IS BROUGHT TO YOU BY FINDAHOMELOAN.SG,
AN INDEPENDENT MORTGAGE COMPARISON PORTAL