Home Equity Loan / Cash Out

What is a cash out / equity loan?

Equity loans, commonly known as 'cash out' or 'gear up', refers to obtaining additional funds using a property as collateral. For example, if a property is fully paid up, the owner may choose to re-mortgage it with the bank for a loan. The bank will assess the property and grant the loan accordingly.

How much cash out can I get from my property?

You can obtain up to 80% of the value of the property. For example, if the value of the property is at S$1,000,000 then the maximum amount of equity loan is S$800,000. Consider the same scenario with an outstanding property loan S$300,000 on the property, the maximum amount of equity loan would then be S$500,000*

The minimum loan amount is S$100,000.

* Conditions apply

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Step 1

Your property Details

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Step 2

Your Loan Details

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Step 3

Apply

Current financier of your home loan?

Property type

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Step 1

Your property Details

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Step 2

Your Loan Details

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Step 3

Apply

Required amount of equity loan?

Outstanding loan amount?

Any CPF usage?

Remaining loan tenure?

  • 5
  • 10
  • 15
  • 20
  • 25
  • 30
  • 35

25Year

Which package appeals to you more?

* Fixed rates are available only to completed properties.

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Step 1

Your property Details

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Step 2

Your Loan Details

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Step 3

Apply