What is the lowest home loan rate in Singapore now?

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

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.

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 lowest fixed rate is 1.45% and the lowest floating rate is 1.44%.

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.

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.

Where do these rates come from?

From the banks' current packages for private residential loans, checked every day; last read 14 Oct 2026: 44 packages from 10 lenders. Floating rates are worked out on that day's SORA. 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.

Mortgage

Home loan rates

Bank packages for private homes in Singapore, lowest rate first. Rates as of 14 Oct 2026.

Loan amount

Loan years

Home

Rate

Lowest rate

1.45%

CIMB, year 1 · 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%

CIMB
1.45%
CIMB Bank 2 Year Fixed Rate For Completed/Private Property
Year 2 1.45% · Year 3 1.94% · After 2.24%
2-year lock-in · $3,427 a month
DBS
1.45%
1 Year Fixed 1.45%
Year 2 1.59% · Year 3 1.64% · After 2.24%
2-year lock-in · $3,427 a month
UOB
1.50%
Promotional 2Y Fixed (Completed Property)
Year 2 1.50% · Year 3 1.74% · After 2.24%
2-year lock-in · $3,451 a month
DBS
1.55%
2 Years Fixed 1.55%
Year 2 1.55% · Year 3 2.24% · After 2.24%
2-year lock-in · $3,475 a month
DBS
1.60%
2 Years Fixed 1.60%
Year 2 1.60% · Year 3 2.24% · After 2.24%
2-year lock-in · $3,499 a month
OCBC
1.65%
2 year Fixed
Year 2 1.65% · Year 3 1.70% · After 2.20%
2-year lock-in · $3,524 a month
RHB
1.65%
1 YR FIXED RATE RESIDENTIAL
Year 2 1.79% · Year 3 1.89% · After 2.09%
2-year lock-in · $3,524 a month
RHB
1.68%
2 YEARS FIXED RATE RESIDENTIAL
Year 2 1.68% · Year 3 1.89% · After 2.09%
2-year lock-in · $3,538 a month
OCBC
1.70%
3 years Fixed
Year 2 1.70% · Year 3 1.70% · After 2.24%
3-year lock-in · $3,548 a month
HSBC
1.85%
HSBC Home Loan - 1Y Fixed Rates
Year 2 1.69% · Year 3 1.74% · After 2.29%
No lock-in · $3,622 a month
RHB
1.85%
2 YEARS FIXED RATE RESIDENTIAL
Year 2 1.85% · Year 3 1.89% · After 2.09%
2-year lock-in · $3,622 a month
DBS
1.90%
3 Years Fixed 1.90%
Year 2 1.90% · Year 3 1.90% · After 2.24%
3-year lock-in · $3,646 a month
HSBC
2.00%
HSBC Home Loan - 2Y Fixed Rates
Year 2 2.00% · Year 3 2.29% · After 2.29%
2-year lock-in · $3,696 a month
DBS
2.05%
3 Years Fixed 2.05%
Year 2 2.05% · Year 3 2.05% · After 2.24%
3-year lock-in · $3,721 a month
Singapura Finance
2.80%
Private Residential
Year 2 2.80% · Year 3 – · After 6.00%
2-year lock-in · $4,109 a month
Citibank
3.00%
2Y Fixed Rate
Year 2 3.00% · Year 3 – · After 2.24%
2-year lock-in · $4,216 a month
Citibank
3.15%
1Y Fixed Rate
Year 2 1.79% · Year 3 1.99% · After 2.24%
2-year lock-in · $4,297 a month
Maybank
3.30%
2 Year Fixed Rate
Year 2 3.30% · Year 3 2.29% · After 2.29%
2-year lock-in · $4,380 a month
Maybank
3.75%
3 Year Fixed Rate
Year 2 3.75% · Year 3 3.75% · After 2.29%
3-year lock-in · $4,631 a month
Standard Chartered
1.85%
SCB 1 Years Fixed Rate
Year 2 1.69% · Year 3 1.74% · After 2.29%
2-year lock-in · Loans from $1.2m
Standard Chartered
1.85%
SCB 2 Year Fixed Rate
Year 2 1.85% · Year 3 1.74% · After 2.29%
2-year lock-in · Loans from $1.2m

Bank and package	Year 1	Year 2	Year 3	After	Lock-in	A month, year 1
CIMBCIMB Bank 2 Year Fixed Rate For Completed/Private Property	1.45%	1.45%	1.94%	2.24%	2 years	$3,427
DBS1 Year Fixed 1.45%	1.45%	1.59%	1.64%	2.24%	2 years	$3,427
UOBPromotional 2Y Fixed (Completed Property)	1.50%	1.50%	1.74%	2.24%	2 years	$3,451
DBS2 Years Fixed 1.55%	1.55%	1.55%	2.24%	2.24%	2 years	$3,475
DBS2 Years Fixed 1.60%	1.60%	1.60%	2.24%	2.24%	2 years	$3,499
OCBC2 year Fixed	1.65%	1.65%	1.70%	2.20%	2 years	$3,524
RHB1 YR FIXED RATE RESIDENTIAL	1.65%	1.79%	1.89%	2.09%	2 years	$3,524
RHB2 YEARS FIXED RATE RESIDENTIAL	1.68%	1.68%	1.89%	2.09%	2 years	$3,538
OCBC3 years Fixed	1.70%	1.70%	1.70%	2.24%	3 years	$3,548
HSBCHSBC Home Loan - 1Y Fixed Rates	1.85%	1.69%	1.74%	2.29%	None	$3,622
RHB2 YEARS FIXED RATE RESIDENTIAL	1.85%	1.85%	1.89%	2.09%	2 years	$3,622
DBS3 Years Fixed 1.90%	1.90%	1.90%	1.90%	2.24%	3 years	$3,646
HSBCHSBC Home Loan - 2Y Fixed Rates	2.00%	2.00%	2.29%	2.29%	2 years	$3,696
DBS3 Years Fixed 2.05%	2.05%	2.05%	2.05%	2.24%	3 years	$3,721
Singapura FinancePrivate Residential	2.80%	2.80%	–	6.00%	2 years	$4,109
Citibank2Y Fixed Rate	3.00%	3.00%	–	2.24%	2 years	$4,216
Citibank1Y Fixed Rate	3.15%	1.79%	1.99%	2.24%	2 years	$4,297
Maybank2 Year Fixed Rate	3.30%	3.30%	2.29%	2.29%	2 years	$4,380
Maybank3 Year Fixed Rate	3.75%	3.75%	3.75%	2.29%	3 years	$4,631
Standard CharteredSCB 1 Years Fixed Rate	1.85%	1.69%	1.74%	2.29%	2 years	Loans from $1.2m
Standard CharteredSCB 2 Year Fixed Rate	1.85%	1.85%	1.74%	2.29%	2 years	Loans from $1.2m

A dash means the bank gives no rate for that year.

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Lowest 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	1.44%	HSBC	$3,422

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 lowest home loan rate in Singapore now?: As of 14 Oct 2026, the lowest fixed rate for a completed private home is 1.45% in the first year, from CIMB and DBS. The lowest floating rate is 1.44%, from HSBC. For a new launch still under construction, the lowest is 1.44%, from HSBC. Most packages need a minimum loan, so the lowest rate for a smaller loan can be higher.
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.
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 lowest fixed rate is 1.45% and the lowest floating rate is 1.44%.
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.
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.
Where do these rates come from?: From the banks' current packages for private residential loans, checked every day; last read 14 Oct 2026: 44 packages from 10 lenders. Floating rates are worked out on that day's SORA. 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.

Disclaimer

The tools on this page provide estimates for general reference only and do not constitute financial, legal, tax, or investment advice. Calculations are based on prevailing MAS, IRAS, HDB, and CPF rules and rates at the time of publication, which may change without notice. Actual figures — including loan eligibility, interest rates, stamp duties, and CPF usage — depend on your specific circumstances and the final assessment of banks, IRAS, and other relevant authorities. TRIBE makes no warranty as to the accuracy or completeness of any output and accepts no liability for decisions made in reliance on these tools. Please verify all figures with the relevant institutions or a qualified professional before committing to any transaction.