Jump to content

Recommended Posts

Posted

UOB Thailand has offered me (as a single expat with residence book):

( a ) a 10 year mortgage loan for purchase of a condo at: MLR (minimum loan rate) - 0.50 = 7.25% per annum plus

( b ) a very nice-sized revolving overdraft facility (home equity line) at MOR (minimum overdraft rate) of 8.25% per annum.

Do these rates sound super high? or are they par for the course (compared to local loans extended to locals)? Any comparative examples would be very helpful.

(I like the idea of having a home equity line of credit on standby, just in case, and its certainly cheaper than a credit card interest rate).

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Topics

  • Popular Contributors

  • Latest posts...

    1. 0

      Indonesian Man Self-Harms on Bangkok Pedestrian Bridge

    2. 13

      so, i got my first "clap" 🙄

    3. 5

      Thailand Live Tuesday 26 August 2025

    4. 0

      Motorbike Rider Dozes Off, Passenger Falls from Bangkok Flyover

    5. 5

      Thailand Live Tuesday 26 August 2025

    6. 0

      Cha-am Beach May Allow Booze on Buddhist Holy Days

  • Popular in The Pub

×
×
  • Create New...