A Singaporean Guide to Home Buying Fees and Charges
Buying a house can be a challenging task that involves multiple hidden costs and expenses. The total cost of taking a mortgage is thus not only the interest rate you pay on your loan but also a sum of various administrative and legal fees and charges. As these fees and charges can pile up to a substantial amount, it is necessary to be aware and acknowledge them before deciding which mortgage to pursue.
The following infographic provides an overview of ALL fees and charges associated with buying a home in Singapore. In addition, it shows why it is worth fighting for every 0.1% on your home loan interest rates – a thing every home buyer should have a look at.