Pay off your Home Loan Sooner!

TDB has reviewed its home loans to offer you an even better Packaged Home Loan than before!

8.00% pa

interest rate

Residential and rental
Variable Interest Rate8.00% pa
CRR B8.50% pa
CRR C9.00% pa
Minimum Amount$5,000 
DepositVariable according to loan size but not less than 10% of total cost
SecurityThe house and to include a mortgage on land where house is to be built. Other assets as security.
Maximum Term in YearsMaximum terms of 12 years, but shorter term is better.  
Repayment percentage SDNormally by salary deduction with 50% salary deduction allowed, 60% can be considered depending on total salary and other reliab
FeesCan be charged to account.
DisbursementDirect to supplier or contractor
Quotation of costsThere must be two quotations from two different builders or contractors, for more realistic estimates.

* Lending criteria apply. Fees, charges, terms and conditions apply. Stamp duty and government charges may apply. Offer effective from 1 August 2014. Any legal and valuation fees will be charged at cost. Once the fixed period ends, the loan will revert to a discounted variable rate. Rate is subject to change. The interest rate is based on the amount at funding. # Comparison rates are calculated on a loan amount of $150,000 over a term of 25 years. Warning: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Before acting on the advice, consider its appropriateness. You should read and consider the Account and Access Facility – Conditions of Use document and Financial Services Guide before deciding whether to acquire any product mentioned.