Property Loans

Singapore Property Financing

1. What are the types of home loan packages offered by ANZ?

ANZ offers competitive fixed and floating rates packages. Floating rate package is pegged to either 3-month Swap Offer Rate (SOR) or combo - the average of 3-month Singapore Interbank Offered Rate (SIBOR) and Swap Offer Rate (SOR).

Please Contact Us to find out more.

2. How does the Bank determine the 3-month Swap Offer Rate (SOR) and the average of 3-month Singapore Interbank Offered Rate (SIBOR) and Swap Offer Rate (SOR)?

The 3-month SOR is obtained from the Association of Banks in Singapore (ABS) at 8pm fixing on the last business day of the previous month.

The average of 3-month SIBOR at 11am on the first business day of the month and 3-month SOR 8pm fixing on the last business day of the previous month obtained from ABS.

3. Can I make partial repayment on my home loan?

Yes, as an ANZ Home Loan customer, you will enjoy the flexibility of making partial repayment on your floating rate packages, without incurring any fees.

4. How do I make partial repayment?

There are 2 ways you can make your partial repayment:

  1. Repayment by Cash
    Complete and mail this form (PDF 144kB) to us at least one month before the intended partial repayment date.
  2. Repayment by CPF funds
    Complete and mail this form (PDF 144kB) to us. Proceed to apply to use your CPF funds using your SingPass via CPF Website. You are advised to submit your request at least 5 working days before deduction date. CPF will take about 3 working days to process your application. Please refer to CPF website for more details.

Australian Property Financing

1. What kind of property does ANZ Singapore finance?

ANZ Singapore provides financing for purchase of residential properties in Australia. Borrowers have the choice to take up the home loan in AUD or SGD currency.

2. What are the monthly repayment options available?

You can choose either (a) Interest Only Servicing for up to 5 years followed by Principal and Interest repayment, or (b) Principal and Interest repayment, subject to the Bank’s approval.

3. What do I need to look out for when buying a property in Australia?

  • Borrowers for Australian property are reminded of the Foreign Exchange Risks involved, where your income is in a different currency from the loan currency, or your loan currency is different from the property currency. You may be subject to foreign exchange risk as any fluctuation may adversely impact your loan repayments.
  • For non-Australian or New Zealand citizens, home government approval is required for foreigners who wish to invest in Australian properties.
  • You may visit the Foreign Investment Review Board for more information.

4. How to I apply for ANZ Australian Property Loans

Managing your Home Loan

1. What should I do after I have accepted an ANZ Property Loan?

You would need to complete the legal work upon instructions from your lawyer during the first meeting.

2. When is my monthly instalment due?

Monthly instalments are due on the 1st day of each calendar month for private property loan and 15th of each calendar month for HDB loan. Should the due date of the monthly instalments fall on a Sunday or gazetted public holiday, the debiting will be made on the next business day.

3. What is my revised monthly instalment after interest rate revision?

If you have opted for a floating rate package, we will send you a notification letter every 3 months to inform you of the revised monthly instalment amount. For customers who are using your CPF account wholly or partially to pay for your monthly instalment, please note that there might be a difference between the revised monthly instalment amount with your CPF funds remitted. This difference will be debited from your loan repayment account.

4. How do I service my monthly instalment to avoid late payments?

For cash repayments:

  • Cash deposit at ANZ Branches to your ANZ Home Loan Current Account
  • FAST transfer to ANZ Home Loan Current Account
  • Cheque payment (please indicate your Name and ANZ Home Loan Current Account).

For CPF repayment:

  • CPF payment using your SingPass via CPF Website
  • Or complete the Form 4B (HDBL/4 Form for HDB loans) obtainable from the CPF Website.

To avoid late payments, you need to ensure that there are sufficient funds in your Home Loan Current Account.

5. What are the benefits of an ANZ Home Loan Current Account?

Your ANZ Home Loan Current Account1, which is your designated loan repayment account, gives you up to 0.25%p.a. interest rate, higher than an ordinary current account. We are also waiving any fall-below and/or administrative fees incurred on your loan repayment account.

1Deposit Insurance Scheme: Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

6.How do I check my loan details?

You can find out about your existing loan details through:

7. Is it mandatory to buy a fire insurance?

Yes. All ANZ Home Loan customers are required to take up an insurance policy that covers fire and other perils.

8. Can I purchase fire insurance from other insurers?

Yes. You can opt to purchase fire insurance with another insurer subject to the Bank’s approval. An administrative fee of SGD150 will be payable upfront to the Bank and an annual administrative fee of SGD150 will be payable for any subsequent renewal of the policy.

9. How do I request for past property loan statements?

You can contact us at 1800 226 8899 or +65 6226 8899 (if overseas) to request for past property loan statements.

10. Will there be any fee incurred for the retrieval of property loan statement?

Yes, there will be a charge of S$20 per statement retrieval.

11. What are the fees and charges related to any ANZ Property Loan?

ANZ Property Loans Fees and Charges
Fees & Charges Amount
Variation to existing terms and conditions  
Issuance of letter of variation S$250
Review of interest rate package  
Signature Priority Banking clients S$500 p.a.
Personal Banking customers S$800 p.a.
Handling of administrative matters  
Safe-keeping of title deed for facility that has been fully repaid S$300 p.a.
Fire insurance (Use of an insurer, other than an ANZ approved insurer) S$150 p.a.
Request for property loan statements S$20 per statement
Disclaimers: Please note that the above is published for information and general circulation purposes only and does not constitute nor purport to constitute any form of advice, recommendation or offer to sell or issue, or invitation to offer, or solicitation, to buy, invest in or subscribe for any product or service, and any representation or warranty in respect of any product or service. The full disclaimers at our website at anz.com.sg are deemed to be incorporated herein. These benefits are only available for a limited period, for selected packages and are subject to change without notice.

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