UOB Home Loan Re-finance

    • UOB Home Loan Re-finance

      (Apply from 1st February 2019 to 30th April 2019 and must register mortgage within 31st May 2019)

    UOB Home Loan Re-finance

    (Apply from 1st February 2019 to 30th April 2019 and must register mortgage within 31st May 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 February 1st, 2019 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 February 1st, 2019 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.