Rates generally reset more often.
HOMY · MORTGAGE FINANCING
Singapore Home Loan & Mortgage Refinancing — Compare Bank Rates
Compare bank packages for HDB, private homes, new launches and commercial property. Whether buying or refinancing, understand your options and speak directly with bank representatives.
Multiple Bank OptionsCompare latest ratesDirect Bank AccessSpeak direct to BankFree & No ObligationGet expert advice
Smarter Loan Structuring.
Lower Interest Cost.
Unlock Maximum Value.
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Lower Interest Cost.
Unlock Maximum Value.
Grow your Wealth!
BEYOND THE HEADLINE RATE
Why the Right Mortgage Matters
Your mortgage is one of your largest financial commitments. The right loan can help you manage your cash flow, reduce interest costs and keep your options open as your plans change.
The right mortgage helps you protect the wealth you have and make room to grow it.
- Protect your cash flow and leave room for other priorities
- Pay less unnecessary interest and keep more of your wealth
- Choose terms that support you if you sell or refinance
- Keep flexibility for future property and financial plans
A good loan structure supports your financial goals today and as life changes.
Compare Home Loan Packages ↓
REFINANCING
Refinance your home loan in Singapore
A lower quoted rate does not always mean a better deal. Compare the remaining lock-in, legal costs, valuation fees, subsidies and the rate after the initial period.
Check refinancing optionsCould refinancing reduce your monthly payment?
Enter your figures for an indicative comparison. This assumes the same remaining tenure and a constant comparison rate.
Indicative result
Current monthly payment —
Comparison monthly payment —
Monthly Saving —
Lock-in Period Saving (36 mths) —
Excludes fees, rate changes and penalties. A lower instalment alone does not establish total savings. Review my actual packageBANK PACKAGES
Compare Singapore Home Loan Rates
Select a property type to compare current fixed-rate and SORA bank packages.
HDB home loan rates
SORA packages
| Bank | SORA type | Year 1 | Year 2 |
|---|---|---|---|
| UOB | 3-Month | 1.45% (3M SORA + 0.25% ) | 1.45% (3M SORA + 0.25% ) |
| HSBC | 1-Month | 1.48% (1M SORA + 0.20% ) | 1.48% (1M SORA + 0.20% ) |
| OCBC | 3-Month | 1.48% (3M SORA + 0.28% ) | 1.48% (3M SORA + 0.28% ) |
| Maybank | 3-Month | 1.50% (3M SORA + 0.30% ) | 1.50% (3M SORA + 0.30% ) |
| UOB | 3-Month | 1.55% (3M SORA + 0.35% ) | 1.55% (3M SORA + 0.35% ) |
| Standard Chartered | 3-Month | 1.55% (3M SORA + 0.35% ) | 1.55% (3M SORA + 0.35% ) |
| DBS | 3-Month | 1.80% (3M SORA + 0.60% ) | 1.80% (3M SORA + 0.60% ) |
| Citi | 3-Month | 1.88% (3M SORA + 0.68% ) | 1.88% (3M SORA + 0.68% ) |
Fixed rate packages
| Bank | Year 1 | Year 2 |
|---|---|---|
| HSBC | 1.55% | 1.55% |
| Hong Leong Bank | 1.65% | 1.65% |
| OCBC | 1.70% | 1.70% |
| Maybank | 1.70% | 1.70% |
| UOB | 1.75% | 1.75% |
| DBS | 1.80% | 1.80% |
Private home loan rates
SORA packages
| Bank | SORA type | Year 1 | Year 2 |
|---|---|---|---|
| HSBC | 3-Month | 1.40% (3M SORA + 0.20% ) | 1.40% (3M SORA + 0.20% ) |
| Maybank | 3-Month | 1.40% (3M SORA + 0.20% ) | 1.40% (3M SORA + 0.20% ) |
| Citi | 3-Month | 1.43% (3M SORA + 0.23% ) | 1.43% (3M SORA + 0.23% ) |
| Standard Chartered | 3-Month | 1.45% (3M SORA + 0.25% ) | 1.45% (3M SORA + 0.25% ) |
| UOB | 3-Month | 1.45% (3M SORA + 0.25% ) | 1.45% (3M SORA + 0.25% ) |
| DBS | 3-Month | 1.48% (3M SORA + 0.28% ) | 1.50% (3M SORA + 0.30% ) |
| OCBC | 3-Month | 1.48% (3M SORA + 0.28% ) | 1.48% (3M SORA + 0.28% ) |
| UOB | 3-Month | 1.50% (3M SORA + 0.30% ) | 1.50% (3M SORA + 0.30% ) |
Fixed rate packages
| Bank | Year 1 | Year 2 |
|---|---|---|
| Citi | 1.40% | 1.40% |
| HSBC | 1.50% | 1.50% |
| Maybank | 1.55% | 1.55% |
| OCBC | 1.65% | 1.65% |
| Standard Chartered | 1.70% | 1.70% |
| DBS | 1.73% | 1.73% |
| UOB | 1.75% | 1.75% |
| Hong Leong Bank | 1.95% | 1.95% |
BUC home loan rates
SORA packages
| Bank | SORA type | Year 1 | Year 2 |
|---|---|---|---|
| HSBC | 3-Month | 1.40% (3M SORA + 0.20% ) | 1.40% (3M SORA + 0.20% ) |
| UOB | 3-Month | 1.45% (3M SORA + 0.25% ) | 1.45% (3M SORA + 0.25% ) |
| UOB | 3-Month | 1.45% (3M SORA + 0.25% ) | 1.45% (3M SORA + 0.25% ) |
| DBS | 3-Month | 1.48% (3M SORA + 0.28% ) | 1.48% (3M SORA + 0.28% ) |
| OCBC | 3-Month | 1.48% (3M SORA + 0.28% ) | 1.48% (3M SORA + 0.28% ) |
| Citi | 3-Month | 1.55% (3M SORA + 0.35% ) | 1.55% (3M SORA + 0.35% ) |
| Standard Chartered | 3-Month | 1.55% (3M SORA + 0.35% ) | 1.55% (3M SORA + 0.35% ) |
| Maybank | 1-Month | 1.73% (1M SORA + 0.45% ) | 1.73% (1M SORA + 0.45% ) |
Fixed rate packages
No packages currently listed.
Commercial home loan rates
SORA packages
| Bank | SORA type | Year 1 | Year 2 |
|---|---|---|---|
| DBS | 3-Month | 1.78% (3M SORA + 0.58% ) | 1.78% (3M SORA + 0.58% ) |
| Standard Chartered | 3-Month | 1.88% (3M SORA + 0.68% ) | 1.88% (3M SORA + 0.68% ) |
| UOB | 3-Month | 2.20% (3M SORA + 1.00% ) | 2.20% (3M SORA + 1.00% ) |
| Maybank | 1-Month | 2.28% (1M SORA + 1.00% ) | 2.28% (1M SORA + 1.00% ) |
Fixed rate packages
| Bank | Year 1 | Year 2 |
|---|---|---|
| DBS | 1.95% | 1.95% |
| Standard Chartered | 2.28% | 2.28% |
| UOB | 2.40% | 2.40% |
| Maybank | 2.68% | 2.68% |
Industrial home loan rates
SORA packages
| Bank | SORA type | Year 1 | Year 2 |
|---|---|---|---|
| Maybank | 1-Month | 2.28% (1M SORA + 1.00% ) | 2.28% (1M SORA + 1.00% ) |
Fixed rate packages
| Bank | Year 1 | Year 2 |
|---|---|---|
| Maybank | 2.68% | 2.68% |
Rates updated: 2026-09-23 · Indicative only. Eligibility, fees, lock-in and final terms are confirmed by each bank.
SORA1M SORA 3M SORA Spread
What is SORA?
SORA is the Singapore Overnight Rate Average. Floating-rate mortgages often use compounded SORA plus a bank spread. Reset dates depend on the package terms.
Rates generally reset less often.
The bank margin above SORA.
Example
If 3M compounded SORA is 1.20% and the bank spread is 0.25%, the indicative mortgage rate is 1.45% p.a.
COMPARE PACKAGES
Fixed rate vs SORA: which should you consider?
Understand the trade-off. Compare stability, flexibility and savings.
Fixed Rate
- Greater repayment certainty
- Fixed rate for an agreed period
- Useful if you prefer stability
- Know your monthly payment
SORA
- Rate moves with the benchmark
- May benefit if rates fall
- Requires comfort with rate changes
- Compare the spread after promotion
HDB → BANK
Can I Refinance my HDB loan to a Bank loan?
Yes. An HDB housing loan can be refinanced with a financial institution. Once refinanced to a bank loan, it cannot be refinanced back to an HDB housing loan.
Refinancing process takes about6–8 weeksfrom application.
Current HDB loan rate2.60% p.a.Compare potential savings from bank packages.
Compare with bank packages
on Rates and Cost to see if refinancing makes sense.
on Rates and Cost to see if refinancing makes sense.
Refinancing vs Repricing:
What’s the Difference?
| Compare | Repricing | Refinancing |
|---|---|---|
| Bank | Existing bank | Another bank |
| New loan package | Yes | Yes |
| Legal work | Usually less | Usually required |
| Costs | Usually lower | May involve legal or valuation costs |
| Rate comparison | Existing bank packages | Wider market |
| Best considered when | Existing bank has a competitive offer | Another bank offers a better overall package |
COMPARE WITH CONFIDENCE
Why Compare Home Loan with HOMY?
Look beyond a headline rate. Compare your options, understand the terms and speak directly with bank representatives before deciding.
Compare bank options
View fixed-rate and SORA packages from different banks in one place.
See the fuller cost
Look at rates, lock-in periods and terms beyond the first-year offer.
Speak directly to banks
Ask bank representatives about actual packages and eligibility.
Explore without pressure
Understand the options before you make an enquiry.
Confirm documents with banks
Check application requirements with the bank providing the loan.
Decide for yourself
Choose a package that fits your budget and future plans.
FROM QUESTION TO CHOICE1 2 3 4
How it works
Start with your loan details. Then compare, ask questions and decide at your own pace.
Tell us about your loan
Share your property type, loan amount and buying or refinancing plans.
Compare bank packages
Review rates and key terms for your property type.
Speak directly to banks
Confirm actual rates, fees and eligibility with a bank representative.
Choose your package
Consider repayments, total costs and flexibility before deciding.
Mortgage Refinancing FAQs
When should I start reviewing refinancing?
Start before your lock-in ends and check early redemption charges, subsidy clawbacks and processing time.
Can I refinance my HDB loan with a bank?
Yes. Once an HDB loan is refinanced to a bank loan, it cannot be refinanced back to an HDB loan.
What is repricing versus refinancing?
Repricing changes packages with your existing bank. Refinancing moves the loan to another bank and usually involves legal work.
Can I refinance while still locked in?
You can review options, but completing an early switch may trigger charges under your current contract.
Should I choose a fixed or SORA package?
Fixed rates offer payment certainty for a period; SORA packages vary with the benchmark. Compare the terms after the initial period.
What does refinancing cost?
Legal, valuation and redemption fees or subsidy clawbacks may apply, depending on the package.
Is refinancing worthwhile for a small outstanding balance?
Compare total expected interest savings with one-off fees and how long you expect to keep the property.
Can I pay my bank home loan using CPF?
Generally yes, subject to CPF rules and available limits. Check your situation with CPF and your bank.
What are TDSR and MSR?
These are debt servicing measures used in assessing some mortgages. The rules that apply depend on your loan and property.
What information should I prepare?
Start with property type, outstanding loan, current rate and lock-in end date. The bank will advise on formal documents.
Ready to Explore Your Home Loan Options?
Tell us if you are buying or refinancing, your property type and approximate loan amount.