Australian Expat, Living in Singapore Mortgage Case Study.
Singapore Client Case Study, Mortgage Health Check.
As part of the review, we considered the following points:
Interest rate
Loan term
Interest Only (IO) v Principal and Interest (P&I)
We recommended refinancing to a new lender, extending the term to 30 years, and keeping the repayments as P&I. With the above, an Australian Expat Investor's interest rate dropped to 6.09%, which is a great result and saves thousands of dollars in interest annually for this particular client.