What is the cheapest home loan rate in Singapore today?

As of 14 Oct 2026, the cheapest fixed rate for a completed private home is 1.45% in the first year, from CIMB and DBS. The cheapest floating rate is 1.44%, from HSBC. For a new launch still under construction, the cheapest is 1.33%, from OCBC. Most packages need a minimum loan, so the lowest rate for a smaller loan can be higher.

How often are these rates updated?

Every day. TRIBE reads the banks' current packages each morning and updates this page when any rate changes; the last read was 14 Oct 2026. Floating rates are worked out on that day's SORA, so they shift a little most days.

What is the monthly instalment on a $1,000,000 home loan?

Over 30 years, $3,427 a month at 1.45% and $3,422 a month at 1.44%. Enter your own loan and years in the table above to see the instalment for every package.

Can I get a lower rate than the ones listed?

Often, yes. Banks hold packages they do not publish, and the rate offered depends on the loan size and the property. Leave your loan details on this page and TRIBE will check what the banks can offer you, free and with no obligation.

Should I take a fixed or a floating rate?

A fixed rate stays the same for the fixed years, usually one to three, so the instalment does not move in that time. A floating rate follows SORA, the interbank rate published by the Monetary Authority of Singapore, and moves with it. Today the cheapest fixed rate is 1.45% and the cheapest floating rate is 1.44%; 3-month SORA was 1.24% on 13 Oct 2026.

What is a lock-in period?

The years in which the bank charges a penalty if you repay the loan early or move it to another bank. 29 of the 44 packages on this page have one, of one to three years.

What happens if I sell my home during the lock-in?

Usually you pay the bank's penalty for repaying early. Some packages waive or refund it when the home is sold; on this page, CIMB, DBS and RHB state such a waiver on at least one package, often only after the first year or if a new loan is taken up. UOB, DBS and RHB also state when you can repay part of the loan without a penalty. Open any package in the table to see its terms on selling, repaying and switching.

Are loans for a new launch different?

Yes. A home under construction takes a floating package, and the bank pays the developer in stages, so the instalment starts low and rises as the building goes up. 13 of the 13 such packages on this page have no lock-in.

Which banks are compared?

44 packages for private residential property from 10 lenders: CIMB, Citibank, DBS, HSBC, Maybank, OCBC, RHB, Singapura Finance, Standard Chartered and UOB. A bank can change a package at any time and may offer a different rate for your loan, so confirm the rate with the bank before you commit.

Singapore's Central Business District bank towers across Marina Bay at dusk

Updated daily · Rates as of 14 Oct 2026

Singapore’s cheapest home loan rates, updated daily.

44 packages from 10 banks, cheapest first, from 1.33%. See your monthly instalment on every one, then let TRIBE find you a better rate, free.

Lowest fixed

CIMB and DBS

Completed home · 2-year lock-in

1.45%

CIMB and DBS

Completed home · 2-year lock-in

Lowest floating

HSBC

Completed home · 2-year lock-in

1.44%

HSBC

Completed home · 2-year lock-in

Lowest new launch

OCBC

Under construction · no lock-in

1.33%

OCBC

Under construction · no lock-in

Compare all 44 packages Get my best rate

3M SORA 1.24% · 1M SORA 1.29% (13 Oct 2026)

Banks compared

Compare

Every package, cheapest first

Enter your loan to see what each one costs you a month. Rates as of 14 Oct 2026.

Loan amount

Loan years

Home

Lowest fixed rate

1.45%

CIMB, fixed 2 years · 2-year lock-in

Monthly instalment

$3,427

$1,000,000 over 30 years at 1.45%

Comfortable on

$8,568 a month

Household income that keeps this instalment at 40%

Lowest
1.45%
Fixed 2 yrsCIMB Bank 2 Year Fixed Rate For Completed/Private Property
Year 11.45%Year 21.45%Year 31.94%After2.24%
2-year lock-in · $3,427 a month
1.45%
Fixed 1 yr1 Year Fixed 1.45%
Year 11.45%Year 21.59%Year 31.64%After2.24%
2-year lock-in · $3,427 a month
1.50%
Fixed 2 yrsPromotional 2Y Fixed (Completed Property)
Year 11.50%Year 21.50%Year 31.74%After2.24%
2-year lock-in · $3,451 a month
1.55%
Fixed 2 yrs2 Years Fixed 1.55%
Year 11.55%Year 21.55%Year 32.24%After2.24%
2-year lock-in · $3,475 a month
1.60%
Fixed 2 yrs2 Years Fixed 1.60%
Year 11.60%Year 21.60%Year 32.24%After2.24%
2-year lock-in · $3,499 a month
1.65%
Fixed 2 yrs2 year Fixed
Year 11.65%Year 21.65%Year 31.58%After2.08%
2-year lock-in · $3,524 a month
1.65%
Fixed 1 yr1 YR FIXED RATE RESIDENTIAL
Year 11.65%Year 21.79%Year 31.89%After2.09%
2-year lock-in · $3,524 a month
1.68%
Fixed 2 yrs2 YEARS FIXED RATE RESIDENTIAL
Year 11.68%Year 21.68%Year 31.89%After2.09%
2-year lock-in · $3,538 a month
1.70%
Fixed 3 yrs3 years Fixed
Year 11.70%Year 21.70%Year 31.70%After2.24%
3-year lock-in · $3,548 a month
1.85%
Fixed 1 yrHSBC Home Loan - 1Y Fixed Rates
Year 11.85%Year 21.69%Year 31.74%After2.29%
No lock-in · $3,622 a month
1.85%
Fixed 2 yrs2 YEARS FIXED RATE RESIDENTIAL
Year 11.85%Year 21.85%Year 31.89%After2.09%
2-year lock-in · $3,622 a month
1.90%
Fixed 3 yrs3 Years Fixed 1.90%
Year 11.90%Year 21.90%Year 31.90%After2.24%
3-year lock-in · $3,646 a month
2.00%
Fixed 2 yrsHSBC Home Loan - 2Y Fixed Rates
Year 12.00%Year 22.00%Year 32.29%After2.29%
2-year lock-in · $3,696 a month
2.05%
Fixed 3 yrs3 Years Fixed 2.05%
Year 12.05%Year 22.05%Year 32.05%After2.24%
3-year lock-in · $3,721 a month
2.80%
Fixed 2 yrsPrivate Residential
Year 12.80%Year 22.80%Year 3–After6.00%
2-year lock-in · $4,109 a month
3.00%
Fixed 2 yrs2Y Fixed Rate
Year 13.00%Year 23.00%Year 3–After2.24%
2-year lock-in · $4,216 a month
3.15%
Fixed 1 yr1Y Fixed Rate
Year 13.15%Year 21.79%Year 31.99%After2.24%
2-year lock-in · $4,297 a month
3.30%
Fixed 2 yrs2 Year Fixed Rate
Year 13.30%Year 23.30%Year 32.29%After2.29%
2-year lock-in · $4,380 a month
3.75%
Fixed 3 yrs3 Year Fixed Rate
Year 13.75%Year 23.75%Year 33.75%After2.29%
3-year lock-in · $4,631 a month
1.85%
Fixed 1 yrSCB 1 Years Fixed Rate
Year 11.85%Year 21.69%Year 31.74%After2.29%
2-year lock-in · Loans from $1.2m
1.85%
Fixed 2 yrsSCB 2 Year Fixed Rate
Year 11.85%Year 21.85%Year 31.74%After2.29%
2-year lock-in · Loans from $1.2m

Bank and package	Year 1	Year 2	Year 3	After	Lock-in	Monthly, year 1
LowestFixed 2 yrsCIMB Bank 2 Year Fixed Rate For Completed/Private Property	1.45%Fixed	1.45%Fixed	1.94%SORA	2.24%SORA	2 years	$3,427
Rate Fixed at 1.45% for 2 years, then 3M SORA + 0.70%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Penalty refunded in full when a new loan of at least $200,000 is taken up within 6 months. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Free switch within 3 months after the lock-in ends. Legal and valuation subsidy Legal subsidy of 0.30% of the loan, up to $2,000, plus $500 for valuation (loans from $200,000). Both paid back if you leave within 3 years. Who it is for Loans from $1,000,000. 1.45% is for loans of $1m and above; $200,000 to $999,999 is 1.50% for the first 2 years. Good to know Limited tranche, subject to approval. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 1 yr1 Year Fixed 1.45%	1.45%Fixed	1.59%SORA	1.64%SORA	2.24%SORA	2 years	$3,427
Rate Fixed at 1.45% for 1 year, then 3M SORA + 0.35%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Penalty waived if you sell after the first 12 months. Partial repayment Partial repayment allowed after 12 months. Free switching One free switch after 12 months. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $1,000,000. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrsPromotional 2Y Fixed (Completed Property)	1.50%Fixed	1.50%Fixed	1.74%SORA	2.24%SORA	2 years	$3,451
Rate Fixed at 1.50% for 2 years, then 3M SORA + 0.50%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Not stated by the bank. Ask us and we will check. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $500,000. UOB may offer a better rate on a bigger loan. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrs2 Years Fixed 1.55%	1.55%Fixed	1.55%Fixed	2.24%SORA	2.24%SORA	2 years	$3,475
Rate Fixed at 1.55% for 2 years, then 3M SORA + 1.00%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching One free switch after 24 months. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $500,000. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrs2 Years Fixed 1.60%	1.60%Fixed	1.60%Fixed	2.24%SORA	2.24%SORA	2 years	$3,499
Rate Fixed at 1.60% for 2 years, then 3M SORA + 1.00%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching One free switch after 12 months. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $500,000. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrs2 year Fixed	1.65%Fixed	1.65%Fixed	1.58%SORA	2.08%SORA	2 years	$3,524
Rate Fixed at 1.65% for 2 years, then SORA + 0.50%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Free switch after the lock-in. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $1,000,000. Ask for a quote on a large loan. Good to know No fire insurance needed for a strata-titled home. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 1 yr1 YR FIXED RATE RESIDENTIAL	1.65%Fixed	1.79%SORA	1.89%SORA	2.09%SORA	2 years	$3,524
Rate Fixed at 1.65% for 1 year, then 1M SORA + 0.50%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Repay up to 50% after the first year. Free switching Free switch to any RHB package after the first year. Legal and valuation subsidy Legal and valuation subsidy of 0.40% of the loan, up to $2,000. Paid back if you leave within 3 years. Who it is for Loans from $500,000. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrs2 YEARS FIXED RATE RESIDENTIAL	1.68%Fixed	1.68%Fixed	1.89%SORA	2.09%SORA	2 years	$3,538
Rate Fixed at 1.68% for 2 years, then 1M SORA + 0.60%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Free switch to any RHB package after the second year. Legal and valuation subsidy Legal and valuation subsidy of 0.40% of the loan, up to $2,000. Paid back if you leave within 3 years. Who it is for Loans from $500,000. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 3 yrs3 years Fixed	1.70%Fixed	1.70%Fixed	1.70%Fixed	2.24%SORA	3 years	$3,548
Rate Fixed at 1.70% for 3 years, then 3M SORA + 1.00%. Lock-in 3 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Free switch after the lock-in. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $700,000. Ask for a quote on a large loan. Good to know No fire insurance needed for a strata-titled home. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 1 yrHSBC Home Loan - 1Y Fixed Rates	1.85%Fixed	1.69%SORA	1.74%SORA	2.29%SORA	None	$3,622
Rate Fixed at 1.85% for 1 year, then 1M SORA + 0.40%. Lock-in None. If you sell No lock-in. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Not stated by the bank. Ask us and we will check. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $1,000,000. For HSBC Premier clients who place S$200,000 with HSBC. Without that: 1.90% fixed for 1 year, loans from $1m. Good to know Promotional rate; the bank can end it early. Listed by the bank until 15 Oct 2026. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrs2 YEARS FIXED RATE RESIDENTIAL	1.85%Fixed	1.85%Fixed	1.89%SORA	2.09%SORA	2 years	$3,622
Rate Fixed at 1.85% for 2 years, then 1M SORA + 0.60%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Free switch to any RHB package after the second year. Legal and valuation subsidy Legal and valuation subsidy of 0.40% of the loan, up to $2,000. Paid back if you leave within 3 years. Who it is for Loans from $200,000. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 3 yrs3 Years Fixed 1.90%	1.90%Fixed	1.90%Fixed	1.90%Fixed	2.24%SORA	3 years	$3,646
Rate Fixed at 1.90% for 3 years, then 3M SORA + 1.00%. Lock-in 3 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching One free switch after 36 months. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $300,000. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrsHSBC Home Loan - 2Y Fixed Rates	2.00%Fixed	2.00%Fixed	2.29%SORA	2.29%SORA	2 years	$3,696
Rate Fixed at 2.00% for 2 years, then 1M SORA + 1.00%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Not stated by the bank. Ask us and we will check. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $1,000,000. For HSBC Premier clients who place S$200,000 with HSBC. Without that: 2.05% fixed for 2 years, loans from $1m. Good to know Promotional rate; the bank can end it early. Listed by the bank until 15 Oct 2026. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 3 yrs3 Years Fixed 2.05%	2.05%Fixed	2.05%Fixed	2.05%Fixed	2.24%SORA	3 years	$3,721
Rate Fixed at 2.05% for 3 years, then 3M SORA + 1.00%. Lock-in 3 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching One free switch after 12 months. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $300,000. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrsPrivate Residential	2.80%Fixed	2.80%Fixed	–	6.00%SORA	2 years	$4,109
Rate Fixed at 2.80% for 2 years, then NA. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Not stated by the bank. Ask us and we will check. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $100,000. Good to know Can finance Geylang properties. Rate depends on the borrower’s profile. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrs2Y Fixed Rate	3.00%Fixed	3.00%Fixed	–	2.24%SORA	2 years	$4,216
Rate Fixed at 3.00% for 2 years, then NA. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Not stated by the bank. Ask us and we will check. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $1,000,000. Citigold clients only. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 1 yr1Y Fixed Rate	3.15%Fixed	1.79%SORA	1.99%SORA	2.24%SORA	2 years	$4,297
Rate Fixed at 3.15% for 1 year, then 3M SORA + 0.55%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Not stated by the bank. Ask us and we will check. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $1,000,000. Citigold clients only. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrs2 Year Fixed Rate	3.30%Fixed	3.30%Fixed	2.29%SORA	2.29%SORA	2 years	$4,380
Rate Fixed at 3.30% for 2 years, then 1M SORA + 1.00%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Not stated by the bank. Ask us and we will check. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $100,000. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 3 yrs3 Year Fixed Rate	3.75%Fixed	3.75%Fixed	3.75%Fixed	2.29%SORA	3 years	$4,631
Rate Fixed at 3.75% for 3 years, then 1M SORA + 1.00%. Lock-in 3 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Not stated by the bank. Ask us and we will check. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $100,000. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 1 yrSCB 1 Years Fixed Rate	1.85%Fixed	1.69%SORA	1.74%SORA	2.29%SORA	2 years	Loans from $1.2m
Rate Fixed at 1.85% for 1 year, then 1M SORA + 0.40%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Not stated by the bank. Ask us and we will check. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $1,200,000. Good to know You choose 1-month or 3-month SORA for the floating years. Optional MortgageOne account: savings with the bank offset part of the loan interest (private homes only). Listed by the bank until 15 Oct 2026. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package
Fixed 2 yrsSCB 2 Year Fixed Rate	1.85%Fixed	1.85%Fixed	1.74%SORA	2.29%SORA	2 years	Loans from $1.2m
Rate Fixed at 1.85% for 2 years, then 1M SORA + 0.45%. Lock-in 2 years. Repaying or refinancing in that time usually costs a penalty. If you sell Not stated by the bank. Ask us and we will check. Partial repayment Not stated by the bank. Ask us and we will check. Free switching Not stated by the bank. Ask us and we will check. Legal and valuation subsidy Not stated by the bank. Who it is for Loans from $1,200,000. Good to know You choose 1-month or 3-month SORA for the floating years. Optional MortgageOne account: savings with the bank offset part of the loan interest (private homes only). Listed by the bank until 15 Oct 2026. Terms as published by the bank on 14 Oct 2026; the letter of offer is final. Ask us about this package

Gold years are fixed; the rest follow SORA. Tap any package for its terms: lock-in, selling, repayment and switching. A dash means the bank gives no rate for that year.

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Banks often hold packages that are on no list. Tell us your loan and we will check what you can get.

1Tell us your loanThe amount, the years, and the home you are buying.
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Lowest on the list for $1,000,000: 1.45%. Let us try to beat it.

Cheapest rates on 14 Oct 2026

Loan	Year 1	Bank	A month on $1,000,000
Fixed, completed home	1.45%	CIMB and DBS	$3,427
Floating, completed home	1.44%	HSBC	$3,422
Floating, under construction	1.33%	OCBC	$3,370

Instalments are over 30 years. To see how much of each one is interest, open the Amortisation Table; for the loan a bank will give you, the Affordability Assessment.

Frequently asked questions

What is the cheapest home loan rate in Singapore today?: As of 14 Oct 2026, the cheapest fixed rate for a completed private home is 1.45% in the first year, from CIMB and DBS. The cheapest floating rate is 1.44%, from HSBC. For a new launch still under construction, the cheapest is 1.33%, from OCBC. Most packages need a minimum loan, so the lowest rate for a smaller loan can be higher.
How often are these rates updated?: Every day. TRIBE reads the banks' current packages each morning and updates this page when any rate changes; the last read was 14 Oct 2026. Floating rates are worked out on that day's SORA, so they shift a little most days.
What is the monthly instalment on a $1,000,000 home loan?: Over 30 years, $3,427 a month at 1.45% and $3,422 a month at 1.44%. Enter your own loan and years in the table above to see the instalment for every package.
Can I get a lower rate than the ones listed?: Often, yes. Banks hold packages they do not publish, and the rate offered depends on the loan size and the property. Leave your loan details on this page and TRIBE will check what the banks can offer you, free and with no obligation.
Should I take a fixed or a floating rate?: A fixed rate stays the same for the fixed years, usually one to three, so the instalment does not move in that time. A floating rate follows SORA, the interbank rate published by the Monetary Authority of Singapore, and moves with it. Today the cheapest fixed rate is 1.45% and the cheapest floating rate is 1.44%; 3-month SORA was 1.24% on 13 Oct 2026.
What is a lock-in period?: The years in which the bank charges a penalty if you repay the loan early or move it to another bank. 29 of the 44 packages on this page have one, of one to three years.
What happens if I sell my home during the lock-in?: Usually you pay the bank's penalty for repaying early. Some packages waive or refund it when the home is sold; on this page, CIMB, DBS and RHB state such a waiver on at least one package, often only after the first year or if a new loan is taken up. UOB, DBS and RHB also state when you can repay part of the loan without a penalty. Open any package in the table to see its terms on selling, repaying and switching.
Are loans for a new launch different?: Yes. A home under construction takes a floating package, and the bank pays the developer in stages, so the instalment starts low and rises as the building goes up. 13 of the 13 such packages on this page have no lock-in.
Which banks are compared?: 44 packages for private residential property from 10 lenders: CIMB, Citibank, DBS, HSBC, Maybank, OCBC, RHB, Singapura Finance, Standard Chartered and UOB. A bank can change a package at any time and may offer a different rate for your loan, so confirm the rate with the bank before you commit.

Next step

Indicative rates for private residential property, as of 14 Oct 2026. Not financial advice and not an offer of a loan. The rate you get depends on the bank’s assessment of you and the property. Bank logos are the banks’ trademarks, shown only to identify each bank. Banner photo: Peter Nguyen, CC0 (credits).