Enjoy a limited time offer of 0% p.a. interest with 3.5% processing fee (EIR 7.85% p.a.) for 12-month tenures.
Read the latest news about Renovation Loan in Singapore and the best money saving tips.
How much do home renovations cost?
Home renovations can cost anything from S$20,000 to S$70,000. The cost of your home renovation depends on factors such as the size of your home, extent of work required, materials and choice of contractor.
Read this article to find out how much you should pay for a home renovation in Singapore.
What should you look out for in a renovation loan?
When choosing a renovation loan, look out for the following:
Must you get a renovation loan for your home renovation?
In an ideal scenario, you should have enough savings to pay for your home renovation. Taking a renovation loan comes with 3% to 7% interest cost. However, there are scenarios where renovation loans are necessary, an example being those who want to move into their house on short notice but are lacking the funds to carry out the renovation.
Do keep in mind that renovation loans do not cover expenses outside of the renovation, such as your furniture and fittings.
No worries, we've got you covered!
What is a renovation loan and how does it work?
What can renovation loans be used to pay for?
What cannot be paid for with a renovation loan?
How much renovation loan can I get?
Can I pay renovation loans with CPF?
Who is eligible to apply for a renovation loan?
What happens if my renovation costs exceed my budget?
Can I apply for 2 renovation loans?
Can I use a personal loan for home renovation?
Why does the monthly repayment for renovation loans reduce with time compared to personal loans?
What are the fees involved in renovation loans?
What are the documents required to apply for a renovation loan?
Where can I get a renovation loan?
How do I choose a renovation loan?
How to apply for a renovation loan?