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  4. UOB Refinance

UOB Home Loan Re-finance

  • UOB Home Loan Re-finance

    (Apply from 1st November 2018 to 31st January 2019 and must register mortgage within 28th February 2019)

UOB Home Loan Re-finance

(Apply from 1st November 2018 to 31st January 2019 and must register mortgage within 28th February 2019)

Type 1 : 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

(Waiver of Mortgage Registration Fee)*

Option 2 :

Apply with no MRTA

(No waiver of mortgage Registration Fee)

Year 1st

MRR - 4.75%

 MRR - 4.65%

Year 2nd

MRR - 4.50%

MRR - 4.40%

Year 3rd

MRR - 4.25%

MRR - 4.15%

thereafter
MRR – 2.00%
(With floor rate at 4.00%)

MRR – 2.00%
(With floor rate at 4.00%)
Average 3 years
3.25%
3.35%
Effective rate**
4.74%
4.78%

Type 2 : Fixed Interest Rate for 2 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

3.30%

 3.40%

Year 2nd

3.50%

3.60%

Year 3rd

MRR - 4.05%

MRR - 3.80%

thereafter
MRR – 2.00%
(With floor rate at 4.00%)

MRR – 2.00%
(With floor rate at 4.00%)
Average 3 years
3.50%
3.65%
Effective rate**
4.85%
4.90%

Minimum Retail Rate (MRR) as of November 1st, 2018 is 7.75% 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 = 7.75%. 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

MRR-2.48%

 MRR-2.23%

Year 2nd

MRR-2.48%

MRR-2.23%

Year 3rd

MRR-1.75%

MRR-1.75%

thereafter
MRR-1.75%

MRR-1.75%
Average 3 years
5.51%
5.68%
Effective rate**
5.79%
5.86%

Minimum Retail Rate (MRR) as of November 1st, 2018 is 7.75% 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 = 7.75%. 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.