Compare Mortgages in Singapore

Compare the top mortgages providers in Singapore — see cover, features and typical rates side by side.

Live offers

20 live offers compared from 14 providers, from 0.10% initial. Updated daily.

DBS HDB Floating Rate Home Loan DBS

0.10% initial

  • Initial Rate: FHR6+0.10% p.a.
  • Loan-to-Value: Up to 75%
  • Initial Period: 2-year lock-in
  • Key Feature: No clawback after lock-in

Sing Investments Home Loan Sing Investments & Finance

0.50% initial

  • Initial Rate: Prime-0.50%
  • Loan-to-Value: Up to 70%
  • Initial Period: 1-year lock-in
  • Key Feature: Local developer financing

OCBC 3M SORA Home Loan OCBC

0.55% initial

  • Initial Rate: 3M SORA+0.55%
  • Loan-to-Value: Up to 75%
  • Initial Period: 3-year lock-in
  • Key Feature: Flexible partial repayment

UOB 1M SORA Home Loan UOB

0.60% initial

  • Initial Rate: 1M SORA+0.60%
  • Loan-to-Value: Up to 75%
  • Initial Period: 2-year lock-in
  • Key Feature: Free switching after lock-in

HSBC SORA Home Loan HSBC

0.60% initial

  • Initial Rate: 3M SORA+0.60%
  • Loan-to-Value: Up to 75%
  • Initial Period: 2-year lock-in
  • Key Feature: HSBC Premier benefit rate

Standard Chartered SORA Package Standard Chartered SG

0.65% initial

  • Initial Rate: 3M SORA+0.65%
  • Loan-to-Value: Up to 75%
  • Initial Period: 2-year lock-in
  • Key Feature: No annual fee package

Citibank SORA Mortgage Citibank

0.65% initial

  • Initial Rate: 3M SORA+0.65%
  • Loan-to-Value: Up to 75%
  • Initial Period: 1-year lock-in
  • Key Feature: Short lock-in period

Maybank SORA Home Loan Maybank SG

0.70% initial

  • Initial Rate: 3M SORA+0.70%
  • Loan-to-Value: Up to 75%
  • Initial Period: 2-year lock-in
  • Key Feature: Competitive spreads

CIMB SORA Home Loan CIMB SG

0.70% initial

  • Initial Rate: 3M SORA+0.70%
  • Loan-to-Value: Up to 75%
  • Initial Period: 2-year lock-in
  • Key Feature: No repricing fee

HL Bank Singapore Mortgage HL Bank Singapore

0.75% initial

  • Initial Rate: 3M SORA+0.75%
  • Loan-to-Value: Up to 75%
  • Initial Period: 2-year lock-in
  • Key Feature: Competitive floating rate

RHB Home Loan Singapore RHB Singapore

0.80% initial

  • Initial Rate: 3M SORA+0.80%
  • Loan-to-Value: Up to 75%
  • Initial Period: 2-year lock-in
  • Key Feature: Online approval in 1 day

CIMB SORA Variable Mortgage SG CIMB SG

2.35% initial

  • Initial Rate: 2.35% (SORA + 0.90%)
  • Loan-to-Value: 75% LTV
  • Initial Period: Floating (SORA-linked)
  • Key Feature: CIMB — competitive SORA spread; no lock-in (floating); digital application

Maybank HDB Flat Mortgage SG Maybank SG

2.40% initial

  • Initial Rate: 2.40% (SORA + 0.85%)
  • Loan-to-Value: 75% (HDB); 80% (BTO)
  • Initial Period: Floating (SORA-linked)
  • Key Feature: Best for HDB; iSAVY savings rate offset; HDB housing grant eligible

DBS 2-Year Fixed Mortgage SG DBS

2.45% initial

  • Initial Rate: 2.45% (2-yr fixed)
  • Loan-to-Value: 75% LTV
  • Initial Period: 2-yr fixed + floating
  • Key Feature: DBS FHR rate; HDB + private; DBS MyHome app; Green Mark property discount

UOB 2-Year Fixed Mortgage SG UOB

2.48% initial

  • Initial Rate: 2.48% (2-yr fixed)
  • Loan-to-Value: 75% LTV
  • Initial Period: 2-yr fixed
  • Key Feature: UOB One Mortgage bundle (bonus with UOB One account); FHR + board rate options

OCBC 2-Year Fixed Mortgage SG OCBC

2.50% initial

  • Initial Rate: 2.50% (2-yr fixed)
  • Loan-to-Value: 75% LTV
  • Initial Period: 2-yr fixed
  • Key Feature: OCBC 36M SORA package; partial capital repayment allowed; OCBC True Blue package

Standard Chartered MortgageOne SG Standard Chartered SG

2.55% initial

  • Initial Rate: 2.55% (2-yr fixed)
  • Loan-to-Value: 75% LTV
  • Initial Period: 2-yr fixed
  • Key Feature: SC MortgageOne; offset account option; SORA-linked floating available

Bank of China SG Mortgage Bank of China SG

2.85% initial

  • Initial Rate: Fixed 2.85% p.a.
  • Loan-to-Value: Up to 75%
  • Initial Period: 3-year fixed
  • Key Feature: Competitive fixed rate

ICBC SG Fixed Rate Mortgage ICBC Singapore

2.90% initial

  • Initial Rate: Fixed 2.90% p.a.
  • Loan-to-Value: Up to 75%
  • Initial Period: 3-year fixed
  • Key Feature: Fixed payment security

Bank of East Asia SG Mortgage Bank of East Asia SG

2.95% initial

  • Initial Rate: Fixed 2.95% p.a.
  • Loan-to-Value: Up to 75%
  • Initial Period: 2-year fixed
  • Key Feature: Expat-friendly mortgage

What are mortgages in Singapore?

A mortgage, or home loan, finances the purchase of property, repaid over up to around 30 years with interest. In Singapore, loans differ by property type: HDB flats can be financed by an HDB concessionary loan or a bank loan, while private property and executive condominiums are financed by banks only. Rates come as fixed, floating pegged to a benchmark, or board-rate packages, and borrowing is shaped by strict affordability rules and loan-to-value limits set by the regulator.

How the Singapore market works

Bank mortgages are priced as fixed-rate packages for an initial period or floating packages pegged to a transparent benchmark such as SORA, the Singapore Overnight Rate Average. Packages typically carry lock-in periods and offer features like free repricing or legal subsidies. Borrowing is capped by MAS rules: the Total Debt Servicing Ratio (TDSR) limits total monthly debt repayments to 55 percent of income, and for HDB flats and executive condominiums the Mortgage Servicing Ratio (MSR) caps housing repayments at 30 percent. Loan-to-value limits govern how much you can borrow.

Benefits

Access to home ownership — Mortgages let buyers purchase property without paying the full price upfront.

Rate choice — Fixed packages offer payment certainty; floating SORA-pegged packages track market rates transparently.

CPF usage — CPF Ordinary Account savings can be used for the down payment and monthly instalments within limits.

Repricing and refinancing — After lock-in, you can reprice with your bank or refinance to a better package.

How to choose

Compare the effective interest cost over the lock-in period, not just the teaser rate, and weigh fixed versus floating based on your view of rates and need for certainty. Check the lock-in length, prepayment penalties, and subsidies for legal and valuation fees. Confirm you meet TDSR and, where relevant, MSR limits, and factor the loan-to-value cap and required cash and CPF down payment. A mortgage adviser can help compare packages across banks.

Leading providers in Singapore

Major mortgage banks include DBS, OCBC and UOB, alongside Standard Chartered, Maybank, CIMB, HSBC and Citibank. The local banks hold the largest share and offer a broad range of fixed and SORA-pegged packages with repricing options, while foreign banks often compete on floating rates and features for larger loans. HDB itself provides a concessionary loan for eligible flat buyers. Package pricing and features change frequently, so current comparison is essential.

What it costs

The main cost is interest, expressed as an annual rate that in recent cycles has commonly ranged from roughly 2.5 to 4 percent depending on package and market conditions; comparison figures shown are illustrative per-annum rates. Additional costs include legal fees, valuation, stamp duties such as Buyer's Stamp Duty and any Additional Buyer's Stamp Duty, fire insurance, and prepayment penalties during lock-in. Refinancing later can carry its own legal and valuation fees, sometimes offset by subsidies.

Protections and regulation

Mortgage lending is regulated by the Monetary Authority of Singapore (MAS), which sets the TDSR, MSR and loan-to-value frameworks to promote prudent borrowing and financial stability. Banks must assess affordability and disclose package terms clearly. HDB loans are administered under the Housing and Development Board's own rules. Property purchases also involve stamp-duty rules from the tax authority. Disputes with a bank can be escalated to the Financial Industry Disputes Resolution Centre (FIDReC).

Common questions

Fixed or floating? — Fixed gives payment certainty during the lock-in; floating SORA packages can be cheaper but move with rates.

How much can I borrow? — Loan-to-value limits and the TDSR (and MSR for HDB and executive condominiums) cap your borrowing against income and property value.

Can I use CPF? — Yes, CPF Ordinary Account funds can go toward the down payment and monthly instalments within set limits.

Mortgages in Singapore — FAQ

What home loan rate can I get in Singapore right now?

Giraffy tracks 5 home loan products across DBS,Sing Investments & Finance,OCBC,UOB,HSBC lenders in Singapore. Use the sort and filter controls to compare fixed versus variable rates and initial deal lengths.

What is the difference between a fixed-rate and a variable-rate home loan?

A fixed-rate home loan locks your interest rate for a set period — typically 2, 5, or 10 years — giving payment certainty. A variable rate moves with the central bank benchmark rate set by the Monetary Authority of Singapore (MAS). Fixed rates suit those who want stability; variable suits those who expect rates to fall.

How much can I borrow with a home loan?

Most lenders apply an income multiple — typically 4–5× your gross annual income for a conventional home loan. Affordability assessments also factor in outgoings, existing debts, and the property's loan-to-value (LTV) ratio. A home loan adviser or broker can run a full affordability assessment for free.

What is LTV (loan-to-value) and why does it matter?

Loan-to-Value (LTV) is the home loan amount as a percentage of the property's value. A 90% LTV means you're borrowing 90% and putting down 10% as a deposit. Lower LTV means less risk for the lender — you'll typically be offered a lower interest rate with a deposit of 20–25% or more.

How long does home loan approval take?

An indicative approval can usually be obtained the same day online. Full home loan approval — after property valuation and underwriting — typically takes 2–6 weeks. Having all your documents ready (pay stubs, bank statements, ID) speeds up the process significantly.

Are there Islamic home-finance products available in Singapore?

Sharia-compliant home-finance products structure the transaction without interest, typically through Murabaha (cost-plus financing) or Ijara (lease-to-own) arrangements. Check with individual lenders for availability in your market.

What fees are charged to set up a home loan?

Lenders often charge arrangement, origination, or application fees to set up a home loan — amounts vary by lender and market. You can usually add them to the loan, but you'll pay interest on them for the full term. For large loans, a higher-fee/lower-rate deal may be cheaper overall — compare total cost over the initial fixed period.