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Showing results for tags 'Interest'.
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Hi guys, Somehow contemplating getting a brand new Defender by the end of this year. OTR price as for now is 148K. What i heard is 2.88% interest p.a and a maximum of 7 years loan? I calculated with a 20K down payment, monthly is 1.85K....foooo Is it true? If so, any guys out there know where i can get defender for 10 yrs loan? Btw, it needed a company registration. Another question, do you actually need to be employed by the company when you submit the company certificate of registration to the dealer? -
I have registered this morning. Any bro register? It is indeed worth waiting for it from the excellent review of note 2.
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Hi I got these rates after refinancing my bungalow is it good? Floating 2 years lock in 1st year 1.18% 2nd year 1.38% 3rd year 1.78%
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my finevu thread locked and the itb100hd not? I talked about pricing of AD and it got locked. How come itb100hd feedback thread discussion seems fine to them...
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http://www.autocar.co.uk/car-news/f1-2012/...wed-f1-interest
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I am just wondering what are the interest rates for car loan on offer in the market. For those that had just bought an Used Car, please share :) (1) Loan Amount (2) % of loan amount to Transacted car price (3) Tenure (How many years) (4) Interest (%) I hope this will help for those looking at buying an Used car, including myself in very veary near future. Thanks in advance for your contribution.
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http://www.dailymail.co.uk/news/article-21...e-low-2015.html http://www.businesstimes.com.sg/premium/ec...s-low-till-2015
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ever wonder why interest rate is sibei low .... http://www.reuters.com/article/2012/07/03/...E86208S20120703 CHAIRMAN, CEO, COO ... all quits ... all crows are DARK ... i maintain my stand that BANKS are XXXXX
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Just curious about this CPF accrued interest thingy. Assuming man and wife bought a HDB now for $500K. They fork out $250K each from CPF account to pay off the flat in full. Every year they are accumulating accrued interest 2.5% to CPF for using that $500K CPF $. 10 years later, the accrued interest (compounded) is $140K. If they sell the flat for $640K, then every cent goes back to the CPF, no cash balance left for them to pocket. But if they sell their HDB for $500K (say due to property downturn), they will still owe $140K of accrued interest to CPF. What happens then? They need to fork out $140K in cash to put in CPF? If no cash savings how? Cannot sell? Monthly installment to pay back CPF using cash?
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Ok our DPM cum IMF Chairman of International Monetary & Financial Comittee mentioned this recently: CNA: http://www.channelnewsasia.com/stories/sin...1198179/1/.html Govt closely monitoring inflation: DPM Tharman Posted: 29 April 2012 1843 hrs
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Ever wondered why so many wealthy Singaporeans advocate paying full cash for car purchases? Ever wondered what makes your car loan so profitable that dealers add a 'loading fee' to 'push' buyers to take up loans of minimum tenures? The answer lies in the deceptively quoted interest rates. Now for the non-Finance trained among you, let me go through some basics. The key difference that we are concerned with is that interest rates for car loans (or strictly speaking hire-purchase) are quoted on a flat basis as opposed to a declining basis. Under a flat basis, the interest amount payable is computed based on the total loan amount and multiplied over the years. I am sure this is familiar to all of you who have financed a car before. But, what you may not know is that for other loans such as mortgages, the interest typically is computed on a declining basis. Under this declining method, the interest is applied on the loan amount that is left and not the whole sum loaned. Simply put, as you slowly repay each part of the principal amount borrowed, your interest payable becomes less. At this point in time, I am sure the question on everyone's minds is "So what?" Well, the implication of a flat basis interest rate is that it disguises the true or real interest rate that you are paying; making you think that you are paying a much lower interest rate than you really are. Let me provide an example: Let us assume that I buy a car at $100,000, at a full loan for 3 years. For simplicity of calculations, let us assume an unrealistic interest of 10%. Based on the flat basis, my total interest is $10,000 per year. This makes my total interest $30,000 and the total sum owed $130,000. My monthly repayment is roughly $3,611. But let me input all this into my financial calculator to obtain the effective annual interest rate (or what I call the real interest rate that I am paying). It turns out that my effective annual interest rate is a hefty 19.46% or nearly double! As a contrast, if we apply the sums above in the context of a typical mortgage, my monthly repayment would be roughly $3,226. My monthly installment is more than 10% cheaper! The effective annual interest rate that I pay on the mortgage is also a more tolerable 10.47%. Of course, I won't be listing out the exact working simply because it would probably bore everyone to tears. And, the extent of deceptiveness will vary as the numbers vary. But this does not detract from my key message: Do not be deceived by the seemingly low interest rates! As much as possible, we should all endeavor to keep the amount that we loan to a minimum. Most importantly, the next time car sales people tell you that it is good to take a loan for the car because you can reinvest your spare cash to obtain better returns, take it with a hefty pinch of salt!
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Not mine. I oogle only. Nice or not?
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hi, just findout if u have a property paid up, but u need $ to finance certain personal project. mortgaging ur property, how much do the banks charge for interest ? i trying to find to fin this info from various banks, but all end up only info for home loan.
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http://www.dbs.com/posb/deposit/notice/rev...px?pid=xs402121 knn. see the new rates. just when we thought they were already low...
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fellow bros, hope u guys dun find me Bo Liao asking for the formula to calculate car loan interest... Juz went thru my car documents and found out the interest I'm paying is rather high... So would like to ask for the calculations... Below mention are the costs.. interest rate is 1.75%. I bought the car at 47k and paying monthly interest of 591 for 90 mths...
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i was just toying with tis idea but I cannot figure out how much $ will go back my cpf+ interest ? Anybody has a formula or tool to calculate that ? also resale levy apply only if I buy an equiv sized flat but no nid if I upgrade say to EC right ? and definitely no if I buy private rite?
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Have you ask yourself this question?
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Have you ask yourself this question?
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This might a boring topic but I have been looking around for the best interest rates offered by local banks and in-house agents. Is the standard now at 1.88% or can we go lower than that? Thanks for sharing.
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Hong Leong is offering 2.2% now. very soon, banks will start to lower their interest rates too.
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Probably by 0.5% or 0.75%. If you are thinking of buying big ticket items, factor this into your calculation. It is going to happen................... Cheers.
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Does anybody know what is the current interest rates for used car? I browsed a few bank's website and they are all showing 3.4-3.5%. Why are the dealers able to offer interest rates at 1.99%? If i approach the dealers will they arrange the loan for me if the car is not bought from them?
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INTEREST CHECK WHO INTERESTED WRITE BELOW ILL GO PICK A DATE AND LOCATION! 1) 2) 3) 4) 5) 6) 7) 8) 9) 10) 11) 12) 13)
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I'm planning to have a drive up to Penang next month (16-17th Aug). Anyone interested to join, or have any reviews/comments/suggestions?
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Hello all! Gong Xi Fa Cai to the Chinese MCF members:), hope your ang bao collection is a healthy one this year (is it me or did this year's ang bao content decrease?)! Anyway, i'm nursing a cold and have been indoors whole day.. on the brink of going mad! So, i'm actually brainstorming for story ideas and i decided to come in here and get your suggestions. What types of stories would you like to read about? eg. interviews of particular persons, comparisons of certain car with certain car, why stock car colours seldom have pink, cheapest car washes in Singapore etc. etc. At the same time, share with me what types of stories you DON'T want to read about. Looking forward to hearing your thoughts! Thank you :)
