You can increase the repayment amount annually at a fixed step-up rate during the repayment period which allows you to shorten your loan period and hence save interest expense.
You can choose to repay monthly or bi-weekly with any of the above repayment method. Less interest expense and shorter repayment period for the choice of bi-weekly repayment.
Availability of the above flexi-payment options will be subject to different mortgage plans. Please contact our Customer Service Representative at any branches of OCBC Bank for details.