1. Obtain relevant material culled from websites or suitable sources of any TWO (2) different banks operating in Singapore in respect of the following products:
2. Home loan (Private condominium)
3. Home renovation loan

From your research and the material culled from Websites etc., describe/compare the following products that your selected commercial banks in Singapore sell to their customers:

1. Home loan (Private condominium)
2. Home renovation loan

Ensure that your group includes the purpose, maximum financing amount/quantum, tenure, usage, interest rate type, the basis of computing interest, repayment structure, and any other relevant features for each of the two products. Use a table to help you in your description of the above products and to explain key concepts and terms used.

(25 marks)