Compare Home Loans & Mortgage Interest Rates in Singapore 2019

Searching for the best housing loan in Singapore? Compare interest rates to get the best home loan for your HDB or private property.

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What Are The Benefits Of Getting Your Home Loan Through Us?

Help in “Plain Simple English“

We know that understanding your home loan can be tough. It’s laden with complicated terms & jargon like TDSR, MSR, SIBOR, SOR, etc. Don’t get a headache trying to figure it out by yourself.

Our Mortgage Specialists will help you understand everything you need to know in simple, easy-to-understand terms.

More Choice = Better Deals

If you’re trying to get your home loan on your own or through your real estate agent, good luck – there’s a higher than 95% chance you’re not getting the best deal.

Our Mortgage Specialists will help you compare loan options, assist with loan paperwork, and negotiate with the bankers until your home loan is settled.

We Do All the Legwork

The entire home loan process is tedious. You’ve got to deal with tons of paperwork, negotiation with bankers, and lots of running around.

Our Mortgage Specialists will help you compare loan options, assist with loan paperwork, and negotiate with the bankers until your home loan is settled.

Fixed Rate vs. Floating Rate Home Loans

So you found your dream home and are excited to sign on the dotted line. But before shelling out for a downpayment on that property that caught your eye, there are a few bases you need to cover.

  • Fixed Rate Housing Loans
    Fixed rate packages maintain the same interest rate during a lock-in period of 1 to 5 years, regardless of market conditions, after which the interest rate converts into a floating rate. (Note that penalties apply if you choose to refinance during the lock-in period!) Fixed rate housing loans may not be the cheapest, but you can hedge against rising interest rates and also plan your repayment a little better.
  • Floating Rate Housing Loans
    Floating rate packages have interest rates that fluctuate daily, usually pegged to the SIBOR and SOR indices. They can come with or without lock-in periods. If you choose this, your monthly repayment will fluctuate, and you need to be prepared for the risk of rising interest rates. On the other hand, if you can monitor the SIBOR and SOR continuously, you have the option of refinancing if you spot an uptick in rates.
  • Other Home Loans
    Fixed and floating rate loans are not the only kinds on the market. Under the broader umbrella of floating rate home loans, banks also offer home loans pegged to their fixed deposit rates (i.e. floating but not likely to rise much) and to internal board rates (i.e. floating but wholly determined by the bank). There are also new loan packages that don’t quite fit in either category, such as the OCBC OHR , which is supposedly pegged to long-term SIBOR averages (i.e. floating yet stable).