HDB Loan vs Bank Loan: My ultimate housing loan strategy

Sponsor: Cashew https://hmsg.link/refinance Get $100 to $3,500 cash rewards plus legal fee subsidies when you apply or refinance a home loan with Cashew (*T&Cs apply) _________________________________ https://s.shopee.sg/9fCz8e8IY0 🔭 Telegram Group: https://t.me/HoneyMoneySG 📷 Instagram @HoneyMoneySG https://www.instagram.com/honeymoneysg 🦙 My Brown Llama/Alpaca https://s.shopee.sg/9zmyORhsqv 🌟 My referral codes: https://t.me/sgpromocode 📙 Solo Biz: https://www.instagram.com/solobizsg/ ☕️ Buy my Spreadsheets at Ko-Fi: https://hmsg.link/shop 🎵 TikTok https://www.tiktok.com/@honeymoneysg 📧 Email (Business only): sghoneymoney@gmail.com 🏦 CREDIT CARDS 💳 🔗 https://hmsg.link/creditcard 📈 INVESTING & TRADING PLATFORMS 📈 🔗 https://hmsg.link/investing 💳 MULTI-CURRENCY CARD/WALLET 👛 🔗 https://hmsg.link/multi 💰 PAYMENT APPS 💰 🔗 https://hmsg.link/pay 🏦 FINANCIAL APPS 🏦 🔗 https://hmsg.link/finance 💼 BUSINESS 💼 🔗 https://hmsg.link/business ✈️ TRAVEL ✈️ 🔗 https://hmsg.link/travel 🛡️ Travel Insurance offers 🛡️ 🔗 https://hmsg.link/travelinsurance 🛍 LIFESTYLE 🛍 🔗 https://hmsg.link/lifestyle 👨🏻‍💻 PROFESSIONAL SERVICES 👨🏻‍💻 🔗 https://hmsg.link/services 🎥 FILMING & SOFTWARE 🎥 🔗 https://hmsg.link/film Disclaimer: The information provided in any affiliate referral or recommendation should not be considered as financial advice. The content is for general information purposes only and does not take into account your personal financial situation, goals or objectives. You should always do your own research and seek professional advice before making any financial decisions. We may receive compensation for affiliate referrals, but this does not influence our recommendations or reviews. _________________________________ 🏠 Should You Refinance Your HDB Loan Now? Home Loan Rates Drop to 3-Year Low! I recently came across the news that more homeowners in Singapore are refinancing their home loans because interest rates have fallen to a three-year low. And that’s exactly what I want to talk about today. Most Singaporean homeowners simply stick with the HDB loan at 2.6% p.a., thinking it’s the safest choice. But with bank home loan rates now dropping well below that, many might be overpaying thousands in interest every year. 💡 In this video, I’ll share my real-life refinancing journey, how I switched from my HDB loan to a bank loan through Cashew.sg, a mortgage broker in Singapore that lets you compare home loan rates side by side. Here’s what I’ll cover in detail: 🔢 My refinancing calculations, numbers, and savings 💰 Legal and valuation fees (and which are subsidised) 🏦 How to choose between fixed and floating rate packages 📉 Why some homeowners should refinance now instead of waiting 💬 The full process using Cashew — simple, transparent, and zero agent fees Whether you’re paying 2.6% on your HDB loan or wondering if it’s worth the switch, this breakdown will help you make an informed decision. Don’t wait too long; interest rates don’t stay this low forever. #SponsoredBy #CashewSG