Renovation Loan vs Personal Loan: Which Is Better for You?
Key Takeaways Renovation loans are purely for renovation works, disbursing funds to contractors; personal loans offer flexibility for furniture and appliance purchases. Most renovation loan products in Singapore are capped at S$30,000 or six times your monthly income (whichever is lower); personal loans can go up to S$200,000 or more. Historically, renovation loan rates were […]