I’m into the home buying process where I have to take a home loan and have options of MIZUHO vs SMBC.
The interest rates of Mizuho are at 0.375% till December 2024, after which it will mostly increase following the banking and economic situation in Japan. (HSP visa holder applying for loan individually limits the options of banks that give loans)
For SMBC, mostly my loan will get disbursed in October then the interest will be at 0.495%. (They have already decided to increase the 35yrs floating interest rate since 1st October, before that it will be 0.345% which will last for 6 months before the next revision.)
Although I understand that I cannot decide which bank should I go with based on the 3 months advantage with Mizuho, I wanted to compare the historical interest rates provided by both the banks.
Is there any reference / data source that I can use to compare the interest rates between these 2?
Any suggestion with which one should I go with ?
by atkalbhor