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 Let's Talk Properties. The Q&As, What would you like to know?

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keelim
post Nov 20 2021, 10:05 PM

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From: ^^Heaven^^


Dear all,

I have a question on MRTA. If loan is 100k, MRTA is 3k, tenor 10 years - and the loan is refi in year 3 immediately after lock-in period with another bank, would the borrower stil need to settle the balance unpaid MRTA?

Thanks

keelim
post Nov 20 2021, 10:07 PM

Enthusiast
*****
Senior Member
941 posts

Joined: Feb 2006
From: ^^Heaven^^


QUOTE(DragonReine @ Nov 18 2021, 11:10 AM)
Can calculate the standard fees for stamp duty and legal fees from the following graphic:

user posted image
*
Under 3rd party loan, if the borrower’s name is not in the SPA,
does the Borrower enjoy stamp duty waiver on loan agreement under HOC?
keelim
post Nov 21 2021, 12:03 PM

Enthusiast
*****
Senior Member
941 posts

Joined: Feb 2006
From: ^^Heaven^^


QUOTE(keelim @ Nov 20 2021, 10:05 PM)
Dear all,

I have a question on MRTA. If loan is 100k, MRTA is 3k, tenor 10 years - and the loan is refi in year 3 immediately after lock-in period with another bank, would the borrower stil need to settle the balance unpaid MRTA?

Thanks
*
Hi - could anyone shade some light?

 

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