What is an Interest Offset Mortgage Account and How Does It Work?

Dollarbackmortgage20 Jun, 2024Business

Borrowing from a bank with the cheapest mortgage can also be overwhelming, and soon before you know it, you would be thinking of ways to shorten your mortgage span. Exploring an interest offset mortgage account in Singapore can significantly reduce your mortgage expenses. This guide delves deep into the essence of an interest offset mortgage account, how it functions, and whether it aligns with your financial aspirations. An interest offset mortgage account can be likened to an everyday savings account that enables you to get a high interest rate, and that matches the interest rate of your housing bank loan in Singapore