Latest home loan rates in Singapore: HDB, condo and BUC

How to read these packages

3M SORA

The three-month compounded Singapore Overnight Rate Average, published daily by MAS. A "3M SORA + 0.30%" package charges whatever SORA is at each reset plus 0.30%, so your instalment moves with the market — down when rates fall, up when they rise.

FHR6 and other bank board rates

FHR6 is DBS's own six-month fixed deposit rate. Because the bank sets it, it tends to move less often than SORA — but it can also be changed at the bank's discretion. Other banks peg to their own deposit or board rates, so compare the all-in figure, not the spread.

CPF-pegged packages

These track the CPF Ordinary Account rate, which has a 2.5% floor by law. As long as the OA rate sits at the floor, "CPF OA − 0.72%" behaves like a fixed 1.78%. It's also the yardstick against an HDB concessionary loan, which charges 0.1% above the OA rate (2.60% today). Once you move from an HDB loan to a bank loan, you can't switch back.

Lock-in, waiver due to sale, conversion

Repay or refinance the whole loan during the lock-in and the bank charges a penalty. "Waiver due to sale" removes that penalty if you're selling the property. A free conversion lets you move to another package from the same bank later without a fee — useful when this package's later-year spread jumps. "No penalty for partial repayment" means you can pay down part of the loan with cash or CPF without being charged.

Why BUC loans work differently

For a property still under construction, the bank pays the developer in stages as building progresses, so your loan — and your instalment — grows over the years to TOP. That's why the under-construction tab compares rates only.

Selling first? Work out what you'll walk away with on the sale proceeds calculator, then what it buys next on the HDB to condo calculator. If the timing worries you, read sell first or buy first.