✓ MAS-regulated banks only · Independent

Singapore's smartest
mortgage platform

Compare live rates from DBS, OCBC, UOB, SCB, HSBC — and see the true total cost, ABSD, and TDSR before you sign anything.

1.28%

Best floating rate today

5 banks

Compared daily

4.8 ★

100+ verified reviews

Free

No obligation

3-Month compounded SORA

Published by MAS · Best floating = SORA + bank spread

0.53% live

Three tools · one place

Know your numbers before you commit

True total cost, TDSR eligibility, and repayment comparison. Enter your figures below.

Property price (S$)

Enter a valid price (min S$100,000)

Loan amount (S$)

Check loan amount

Interest rate (% p.a.)

Enter a rate (0.1%–15%)

Tenure (years)

Buyer profile

Property type

Principal vs interest paid each year

PrincipalInterest

Enter values above to calculate.

Gross monthly income (S$)

Income must be at least S$500

Property price (S$)

Down payment (S$)

Down payment cannot exceed price

Other monthly debts (S$)

Interest rate (% p.a.)

Enter a valid rate

Tenure (years)

Max loan (TDSR 55%)

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Monthly repayment

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Your TDSR ratio

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MSR ratio (HDB)

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TDSR 55% applies to all property types. MSR 30% applies to HDB purchases only. Stress-test rate may be applied at application stage. Figures are indicative only.

Loan amount (S$)

Rate 1 (% p.a.)

Enter a valid rate

Tenure (years)

Rate 2 to compare (% p.a.)

Enter a valid rate

Outstanding balance over tenure — rate 1 vs rate 2

Enter values above to compare.

Verified reviews

What Singapore homebuyers say

From HDB upgraders, private property buyers, and refinancers.

4.8

★★★★★

5 ★

4 ★

3 ★

2 ★

109 verified reviews

Tan Li Ying

HDB owner · Ang Mo Kio · Apr 2026

★★★★★

"I was paying 2.8% for years without realising. HomeLedger showed me I could save S$680/month. Their advisor called me the next day and walked me through everything — no jargon, no pressure."

Refinanced

Rajesh Kumar

First-time buyer · Jurong West · Mar 2026

★★★★★

"The true cost calculator was a revelation. I had no idea ABSD and stamp duty would add S$36,000 upfront. Made my planning so much more accurate. Saved money vs going direct to the bank."

First purchase

Linda Mok

Private condo · Tampines · May 2026

★★★★★

"54 years old and not very tech-savvy, but this website was so easy to use. I completed the 5-question form and a specialist called within the hour. Recommended HomeLedger to all my friends."

Refinanced

Common questions

Frequently asked questions

Plain-English answers to Singapore mortgage questions.

What is SORA and how does it affect my rate? ▼

SORA (Singapore Overnight Rate Average) is the MAS benchmark that replaced SIBOR/SOR in 2021. SORA-pegged loans reset quarterly. The 3-month compounded SORA as of June 2026 is 0.53% p.a. The best floating rate today is 1.28% p.a. (SORA 0.53% + spread 0.75%). When SORA falls, your rate falls with it.

Who pays ABSD and how much? ▼

Singapore Citizens pay 0% on their first property, 20% on their second, 30% on third+. Permanent Residents pay 5% on first, 30% on second+. Foreigners pay 60% flat. ABSD must be paid fully in cash within 14 days of signing — CPF cannot be used. Per IRAS schedule unchanged since April 2023.

Fixed vs floating — which is better right now? ▼

As of mid-2026, 3M SORA is 0.53%, making floating packages (from 1.28%) significantly cheaper than 2-year fixed packages (from 2.65%). If you believe rates will continue to fall or stay low, floating makes sense. If you want payment certainty, fixed gives peace of mind. Use the Repayment Schedule calculator to compare total interest at both rates.

How much down payment do I need? ▼

For a first property with a bank loan: minimum 25%, of which at least 5% must be cash. The remaining 20% can come from CPF OA. For an HDB loan, minimum 20%, which can be fully from CPF. For a second property or if you have an existing loan, the LTV tightens and cash requirements increase significantly.

What is TDSR and will I pass? ▼

TDSR (Total Debt Servicing Ratio) limits total monthly debt obligations to 55% of gross monthly income. If you earn S$8,000/month, maximum total debt repayments = S$4,400. Use the TDSR Eligibility calculator above to check your position instantly. HDB purchases have an additional MSR limit of 30% of gross income.

🔔 Rate drop alert · free

Tell us your target rate. We’ll notify you the moment it’s available.

Set your target interest rate below. Our advisors check rates every day across DBS, OCBC, UOB, SCB and HSBC. The moment any bank offers a package at or below your target, we will contact you directly — by WhatsApp or email — so you can act before the rate changes again.

🔔

Rate Drop Alert

Currently monitoring DBS, OCBC, UOB, SCB & HSBC daily · Best rate today: 1.28%

Choose a target rate, or enter your own below

1.10% Conservative Likely within 2026

1.00% Moderate If SORA falls further

0.85% Ambitious Historic low territory

My target rate (% p.a.)

Loan type

How it works: Once you submit, a HomeLedger advisor will monitor rates for you. When any bank offers a package at or below your target, we will contact you immediately so you can lock it in before others do.

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By submitting this form, you consent to HomeLedger contacting you when your target rate is reached. Your data is handled under our Privacy Policy and Singapore's PDPA. You may cancel this alert at any time by replying STOP.

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