Understanding Singapore Home Loans
Singapore offers two main home loan routes: HDB (Housing and Development Board) and private property mortgages. Interest rates in 2026 range from 3.5% to 4.2%.
Key Features of Singapore Mortgages
- HDB Loan: Up to 90% financing with rates starting at 3.5%
- Bank Mortgage: Typically 80-90% LTV with rates from 3.8% to 4.2%
- Loan Tenure: Up to 35 years
- CPF Utilization: Singaporeans can use CPF for down payments and EMI payments
Major Singapore Banks
- DBS Bank: 3.8% - 4.1%
- OCBC Bank: 3.75% - 4.0%
- UOB Bank: 3.9% - 4.2%
- HDB: 3.5% (competitive rates)
Sample Calculation
Loan: SGD 600,000 | Rate: 3.9% | Tenure: 25 years | Monthly Payment: SGD 3,120
CPF & Mortgage Strategy
Singaporeans can optimize using CPF savings to reduce overall financing costs significantly.
Final Thoughts
Use our Singapore home loan calculator to plan your property purchase effectively.