BoMomMom,
MortgageOne? Is it the one from Standard Chartered? It doesn’t seem so attractive. They only offer me P-2.3 which is much higher than other bank.
BoMomMom,
MortgageOne? Is it the one from Standard Chartered? It doesn’t seem so attractive. They only offer me P-2.3 which is much higher than other bank.
Yes, Standard Chartered one... we are actually still studying the plans in the market, but we haven't really come to the details of Mortgage one, however, if you put savings there, it said it also counts as a repayment, etc... so we wanted to know more lor! Citibank also have a similar plan, we will have to study more before we come to a decision.
My understanding in Standard Chartered MortgageOne is:
The interest of saving = mortgage rate (ie P-2.3%)
Thus, if you have much money in saving a/c, it would be benefit for you. For my case, I have not much money in saving, it is not useful for me.