PowerSmart Home Mortgage

PowerSmart Home Mortgage

What we offer for PowerSmart Home Mortgage

  • No guarantee fee
  • No early repayment fee
  • Reduce interest cost

The initial interest rate is to apply from the date of the mortgage disbursement through the date one day prior to the first rate review date.

Apply for a PowerSmart Home Mortgage

  1. Guarantee fee and guarantee handling fee for a loan of 30 million yen over 30 years.
  2. Repayment of 500,000 yen.
  3. Interest is as of January 1, 2017 and is effective for contracts drawn up by January 2017. We may stop handling this product depending on the economic situation. Applicable interest rate at borrowing will apply throughout the loan term. No guarantee fee. Group Life Insurance fee is included. Overdraft Function PowerPocket service is not available.
  • As a general rule, the bank reviews the initial interest rate every month; however, based on the interest rate movements, interest rates may be reviewed during the month. Please confirm the borrowing terms and applied interest rate at the time of contract.
  • Disbursement date of the loan may be decided by the customer. Please select the disbursement date from the period between the contract month until the last business day of the following month.
  • Existing Shinsei Bank Home Mortgage customers may not refinance their current home mortgage loans.