It was less than a month ago when I shared here in my blog and on my FB wall that because the cost of not paying down my home loan is really quite low, it makes sense to hold off paying down the loan for now. Has this changed? Unless we do not follow the news, all of us would know that the SIBOR has been rising and in the first "An evening with AK and friends" event, I said that the 3 months SIBOR has risen from 0.3+% to 0.6+% in a matter of weeks. Rusmin Ang from The Fifth Person reminded us that the 3 months SIBOR was, at one time, as high as 3+%. In a letter from the bank yesterday, I was informed that the interest rate for my home loan has changed from 1.16917% to 1.35435% per annum. This is a jump of 15.84%! Oh, the pain! What does this mean in dollar terms? ......