Synopsis: This is a special episode of The Straits Times' video series The Big Story, hosted by Hairianto Diman and Olivia Quay.

If you're planning to buy a new property this year or already have an existing mortgage, be sure to pay closer attention to the loan packages and what they entail.

Knowing the details of the loan and what you're agreeing to could save you a few thousand dollars each year. Invest editor Tan Ooi Boon shares more on what you need to know about home loans, and the golden rules on how to keep financially healthy.