Personnal Cash Loan - Which Bank is better?

[HowardHiew]

Hi,

Planned to buy a 2nd hand HDB this year but, need to have a cash loan of 20+K to cover the whole cost.

Can somebody recommend which bank offer the best rate?

[sundaymorningstaple]

You mean an unsecured loan?

[taxico]

Planned to buy a 2nd hand HDB this year but, need to have a cash loan of 20+K to cover the whole cost.

Can somebody recommend which bank offer the best rate?

are you serious?

you want to buy a SECOND flat and you lack $20K+ to cover the whole cost of the flat and you want to know which bank will offer you the best rate for that $20K+?

ANY BANK WILL LEND YOU MONEY UNLESS YOU'RE REALLY REALLY REALLY OLD AND FULL OF DEBTS PENDING LEGAL/BANKRUPTCY ACTION.

i believe the rates are similar for most banks for such a small loan. but are people allowed to own 2 flats now?

mooo.

[nakatago]

Planned to buy a 2nd hand HDB this year but, need to have a cash loan of 20+K to cover the whole cost.

Can somebody recommend which bank offer the best rate?

are you serious?

you want to buy a SECOND flat and you lack $20K+ to cover the whole cost of the flat and you want to know which bank will offer you the best rate for that $20K+?

ANY BANK WILL LEND YOU MONEY UNLESS YOU'RE REALLY REALLY REALLY OLD AND FULL OF DEBTS PENDING LEGAL/BANKRUPTCY ACTION.

i believe the rates are similar for most banks for such a small loan. but are people allowed to own 2 flats now?

mooo.

I think OP means a resale flat. Second hand. Pre-owned. IIRC, buy second flat cannot if own one oredi...

[offshoreoildude]

Planned to buy a 2nd hand HDB this year but, need to have a cash loan of 20+K to cover the whole cost.

Can somebody recommend which bank offer the best rate?

are you serious?

you want to buy a SECOND flat and you lack $20K+ to cover the whole cost of the flat and you want to know which bank will offer you the best rate for that $20K+?

ANY BANK WILL LEND YOU MONEY UNLESS YOU'RE REALLY REALLY REALLY OLD AND FULL OF DEBTS PENDING LEGAL/BANKRUPTCY ACTION.

i believe the rates are similar for most banks for such a small loan. but are people allowed to own 2 flats now?

mooo.

I think OP means a resale flat. Second hand. Pre-owned. IIRC, buy second flat cannot if own one oredi...

Honestly - if you cant cover the COV - I'd suggest you'll struggle to cover the mortgage.

[zzm9980]

are you serious?

you want to buy a SECOND flat and you lack $20K+ to cover the whole cost of the flat and you want to know which bank will offer you the best rate for that $20K+?

ANY BANK WILL LEND YOU MONEY UNLESS YOU'RE REALLY REALLY REALLY OLD AND FULL OF DEBTS PENDING LEGAL/BANKRUPTCY ACTION.

i believe the rates are similar for most banks for such a small loan. but are people allowed to own 2 flats now?

mooo.

I think OP means a resale flat. Second hand. Pre-owned. IIRC, buy second flat cannot if own one oredi...

Honestly - if you cant cover the COV - I'd suggest you'll struggle to cover the mortgage.

I don't know about that. Not that I'd encourage the OP to get a loan to do what he's doing. But some of these ridiculously high 20-50k (or even a lot more) COVs on units that will have $1200/month mortgage payments is a little out of whack.

[offshoreoildude]

I think OP means a resale flat. Second hand. Pre-owned. IIRC, buy second flat cannot if own one oredi...

Honestly - if you cant cover the COV - I'd suggest you'll struggle to cover the mortgage.

I don't know about that. Not that I'd encourage the OP to get a loan to do what he's doing. But some of these ridiculously high 20-50k (or even a lot more) COVs on units that will have $1200/month mortgage payments is a little out of whack.

OP must have been around for a bit to be eligible to buy. In that time he has not been able to save $20k - and now he wants a mortgage AND has to service a high interest loan? He'd be best appealing to family or friends for this I'd say.

[taxico]

Planned to buy a 2nd hand HDB this year but, need to have a cash loan of 20+K to cover the whole cost.

Can somebody recommend which bank offer the best rate?

are you serious?

you want to buy a SECOND flat and you lack $20K+ to cover the whole cost of the flat and you want to know which bank will offer you the best rate for that $20K+?

ANY BANK WILL LEND YOU MONEY UNLESS YOU'RE REALLY REALLY REALLY OLD AND FULL OF DEBTS PENDING LEGAL/BANKRUPTCY ACTION.

i believe the rates are similar for most banks for such a small loan. but are people allowed to own 2 flats now?

mooo.

I think OP means a resale flat. Second hand. Pre-owned. IIRC, buy second flat cannot if own one oredi...

i stand corrected, but any bank will lend you money to buy a flat if you can cover all but 20-30k (that part i think i read correctly).