UOB Home Loan Re-finance

  • UOB Home Loan Re-finance

    (Apply from 17th June 2019 to 31st October 2019 and must register mortgage within 30th November 2019)

UOB Home Loan Re-finance

(Apply from 17th  June 2019 to 31st October 2019 and must register mortgage within 30th November 2019)

Type 1 : Fixed Interest Rate for 3 Years

Period

Interest Rate (per annum)

Option 1: 

Apply with MRTA and do direct debit on saving deposit account to service the loan installment 

(Waiver of Mortgage Registration Fee)*

Option 2: 

Apply with no MRTA

(No waiver of mortgage Registration Fee)

Year 1st

3.50%

3.65%

Year 2nd

3.50%

3.65%

Year 3rd

3.50%

3.65%

thereafter

MRR - 2.00%

MRR - 2.00%

Average 3 years
3.50%
3.65%
Effective rate**
5.00%
5.06%
Type 2 : Float Rate

Period

Interest Rate (per annum)

Option 1:

Apply with MRTA and do direct debit on saving deposit account to service the loan installment 

Option 2 :

Apply with no MRTA
(No waiver of mortgage Registration Fee)

Year 1st -2nd

MRR – 5.01%

MRR – 4.86%

Year 3rd

MRR – 4.40%

MRR – 4.05%

thereafter

MRR – 2.00%

MRR – 2.00%

Average 3 years
3.19%
3.34%
Effective rate**
4.86%
4.92%

 

Type 3 : Float Rate (Monthly Income 70,000 Baht or above)

Period

Interest Rate (per annum)

 

Option 1:

Apply with MRTA and do direct debit on saving deposit account to service the loan installment 

Option 2 :

Apply with no MRTA
(No waiver of mortgage Registration Fee)

Year 1st -2nd

MRR - 5.80%

MRR - 5.70%

Year 3rd

MRR - 3.40%

MRR - 3.30%

thereafter

MRR - 2.00%

MRR - 2.00%

Average 3 years
3.00%
3.10%
Effective rate**
4.76%
4.80%

 

Type 4 : Float Rate (Monthly Income 70,000 Baht or above)

Period

Interest Rate (per annum)

 Apply with MRTA and do direct debit on saving deposit account to service the loan installment

 

(Waiver of Mortgage Registration Fee)*

Year 1st -2nd

MRR - 5.50%

Year 3rd

MRR - 3.10%

thereafter

MRR - 2.00%
Average 3 years
3.30%
Effective rate**
4.88%

 

Minimum Retail Rate (MRR) as of May 31st, 2019  is 8.00%  per annum and subject to change from time to time in accordance with Bank of Thailand’s policy.

Remark :
*Waiver of mortgage registration fee’s condition for interest rate option 1 : 

  • Must do Mortgage Reducing Term Assurance (MRTA) as follow : 
    • MRTA sum insured equivalent to Home Loan + additional loan (if any) with insurance coverage at least 10 years OR
    • MRTA sum insured at least 80% of Home Loan + additional loan (if any) with insurance coverage the whole loan tenor
  • Must open saving deposit account and apply direct debit to service monthly loan installment
  • Waiver of mortgage registration fee with maximum of THB 100,000 only for Home Loan and term loan for MRTA
  • Additional loan request will not get waiver of mortgage registration fee and normal interest rate will be applied
  • In case customer have full redemption before 5 years (no matter of reasons) from loan contract date, customer must pay back mortgage registration fee to the bank

**Interest rate for THB 1,000,000 loan with loan tenor of 15 years and MRR = 8.00%. Such effective interest rate above is just a sample calculation for this advertising only. Effective interest will be different for each customer depending on their term and conditions

Interest Rate for Top-up on Refinance

Period

Interest Rate (per annum)

Option 1 :

Apply with MRTA*

(No waiver of Mortgage Registration Fee)

Option 2 :

Apply with no MRTA

(No waiver of mortgage Registration Fee)

Year 1st -2nd

MRR - 2.75%

MRR - 2.60%

Year 2nd

MRR - 2.00%

MRR - 1.85%

thereafter

MRR - 1.75%

MRR - 1.75%

Average 3 years
5.50%
5.65%
Effective rate**
5.94%
6.00%

 

Minimum Retail Rate (MRR) as of May 31st, 2019  is 8.00%  per annum and subject to change from time to time in accordance with Bank of Thailand’s policy.

Remark : 

*Condition for the interest rate option 1:

The applicant must do Mortgage Reducing Term Assurance (MRTA) as follow:

  • MRTA sum insured equivalent to Home Loan + additional loan (if any) with insurance coverage at least 10 years OR
  • MRTA sum insured at least 80% of Home Loan + additional loan (if any) with insurance coverage the whole loan tenor

** Interest rate for THB 1,000,000 loan with loan tenor of 15 years and MRR = 8.00%. Such effective interest rate above is just a sample calculation for this advertising only. Effective interest will be different for each customer depending on their term and conditions.