What is the eligibility criteria to apply for the POSB HDB Loan?

All Singapore Citizens and Permanent Residents (PRs) are eligible to apply for the POSB HDB Loan. To make homeownership affordable and accessible, we do not impose a cap on your monthly household income.

How do I pay for the monthly instalments of my POSB HDB Loan?

Your monthly instalments will be debited from your DBS/POSB loan servicing account on each due date. If you plan to use your CPF savings to service your monthly instalments, we encourage you to speak to your lawyer to set up the arrangement.

What are the CPF-OA and 3M SORA benchmarks?

CPF-OA benchmark 3M SORA benchmark What is it? The CPF-OA interest rate is reviewed quarterly and is subject to a legislated minimum of 2.50% p.a. The 3-month Singapore Overnight Rate Average, or 3M SORA, is a market-based benchmark based on actual overnight borrowing transactions between banks in Singapore. How does the rate behave? It is reviewed quarterly but has remained at its legislated minimum of 2.50% p.a. since 1999. It may rise or fall with market interest rates and economic conditions. When and where is it published? The CPF-OA interest rate is published on the CPF website . 3M SORA rates are published daily on the MAS website at 9 a.m.

What is the maximum loan amount for a HDB property purchase?

The maximum Loan-to-Value (LTV) limit is 75% of the purchase price or property valuation of your HDB flat, whichever is lower.

What is the minimum downpayment for a HDB property purchase?

For individuals who are looking to fund their HDB property with a bank loan, the minimum downpayment is 25% of the purchase price. 5% of the minimum downpayment must be paid in cash and the balance can be paid with your CPF savings

New Customers: How do I start my application process for the POSB HDB Loan?

You can request for an In-Principle Approval (IPA) here or through the HDB Flat Portal when applying for a HDB Flat Eligibility (HFE) letter. The IPA provides an assessment of the eligible loan amount based on the affordability of the borrower(s).

How long is the POSB HDB Loan In-Principle Approval (IPA) valid for?

Your POSB HDB Loan IPA is valid for 30 days from the approval date. As it is not a binding document, the final loan amount is subject to the property purchase price, valuation and other checks.

What is next after applying for a POSB HDB Loan IPA?

You can easily convert your POSB HDB Loan IPA to a Letter of Offer (LO) by sending us your Option to Purchase (OTP). If you are purchasing a HDB BTO flat, you must have a valid LO before you sign the Agreement for Lease. If you are purchasing a resale HDB flat, you must have a valid LO before you exercise the Option to Purchase.

I'm a private property owner looking to purchase a HDB flat. What does the removal of the 15-month wait-out period mean for me?

From 28 Jul 2026, private property owners who purchase a non-subsidised HDB resale flat without a HDB Concessionary Loan will no longer be subject to a 15-month wait-out period. This allows eligible homeowners to move into their next home sooner and plan their housing transition with greater flexibility. This change may benefit private property owners who are looking to right-size from a condominium or landed property to a non-subsidised HDB resale flat, reduce their housing costs, unlock home equity, or move closer to family. It may also help homeowners who previously postponed their plans because of the wait-out requirement. Additionally, Singapore Citizens aged 55 and above can now purchase a resale HDB flat of any size without having to wait.

How can I finance a resale HDB flat purchase without a wait-out period if I'm selling my private property?

If you're purchasing a non-subsidised HDB resale flat, a bank home loan allows you to proceed. If you intend to obtain a HDB Concessionary Loan for your flat purchase, a 30-month wait-out period applies. Many homeowners use a combination of sale proceeds, CPF savings and a bank loan to finance their next home. Click here to speak to a Home Advice Specialist to understand your financing options and loan eligibility.

Does a wait-out period to buy a HDB flat still apply in any other situations?

Yes. The removal of the 15-month wait-out period applies only to private property owners purchasing a non-subsidised HDB resale flat without a HDB Concessionary Loan. The existing 30-month wait-out period continues to apply if you wish to: Purchase a subsidised HDB flat (including a new HDB flat or a resale flat with housing grants); Purchase an Executive Condominium (EC) directly from a developer; or Take a HDB Concessionary Loan for your flat purchase. If you're considering a resale HDB flat after selling your private property, click here to speak to our Home Advice Specialist to understand your financing options and loan eligibility.

How do I refinance from the HDB Concessionary Loan to the POSB HDB Loan?

Submit your application here – please have the required documents on hand, including digibank access, for a seamless application. If you have additional questions on the POSB HDB Loan, fill up the form here and our friendly Home Advice Specialists will reach out to you.

Lower-than-HDB rates from 1.78% p.a. with POSB HDB Loan

Save about S$3,100¹ every year during your lock-in period

Flexibility with no early repayment fees and free switch after 3 years

Complimentary Lasting Power of Attorney (LPA) certification to safeguard the future of you and your loved ones²

POSB HOME LOAN REWARDS

Enjoy up to S$4,000 in cash or shopping vouchers when you take up a POSB Home Loan by 31 Oct 2026. T&Cs apply.

Apply now Speak to a Home Advice Specialist

¹ Savings are calculated based on the CPF-OA package with an average loan amount of S$400,000 over a 20-year loan tenure.

² Our complimentary Lasting Power of Attorney (LPA) certification is eligible to customers who apply for the POSB HDB Loan by 31 Dec 2026. Terms and conditions apply.

Alternatively, call 6333 0033 to speak to our friendly Home Advice Specialist, available Monday to Friday, 9am to 6pm (excluding public holidays).

Lower-than-HDB rates from 1.78% p.a. with POSB HDB LoanPOSB HOME LOAN REWARDS

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How much can I save with a POSB HDB Loan?

Lower-than-HDB rates from 1.78% p.a.

Save S$3,100 every year¹ during your 3-year lock-in period. Enjoy a one-time free switch to any of our packages after!

Stable rates that stay below CPF-OA rate

Explore our new 3-Year CPF-OA package, with rates that stay below the CPF-OA rate throughout your loan tenure.

Flexibility for life's next move

Alongside mortgage savings, enjoy flexibility and perks such as no early repayment fees, waiver of fees if you sell your property during the lock-in period, cash subsidies when you refinance and more.

POSB 3-Year CPF-OA HDB Loan

Lower-than-HDB rates throughout loan tenure

Starting from 1.78% p.a., our stable and transparent rates always stay below the CPF Ordinary Account (CPF-OA) rate.

That means you will continue to enjoy lower-than-HDB rates, even after your lock-in period.

Year 1-3 (lock-in period): 1.78% p.a.
Year 4-5: 2.20% p.a.
Thereafter: 2.40% p.a.

Save an average of S$3,100 a year¹ during your lock-in period, leaving more CPF-OA savings or cash for your future goals.

Alongside mortgage savings, enjoy more flexibility and perks!

These include:

No early repayment fees
Free switch to a new package after 3 years
Waiver of fees if you sell your property during the lock-in period
Cash subsidies on legal and valuation fees if you refinance
Up to S$4,000 in cash or shopping vouchers

Apply now Contact us

POSB 3-Year Fixed HDB Loan

Lock in a fixed rate of 2.08% p.a. for three years

Enjoy a fixed rate at 2.08% p.a. during your 3-year lock-in period.

Your thereafter rates will be linked to a 3M SORA benchmark, which may be favourable for you during a declining rate environment

Switch to a new package after 3 years

Enjoy the flexibility to switch to any of our HDB Loan packages after your 3-year lock-in period.

This enables you to continue saving on interest if the 3M SORA rates are not suitable for you.

Same flexible features of the POSB 3-Year CPF-OA HDB Loan

Together with savings, enjoy flexibility and perks such as:

No early repayment fees
Free switch to a new package after 3 years
Waiver of fees if you sell your property during the lock-in period
Cash subsidies on legal and valuation fees if you refinance
Up to S$4,000 in cash or shopping vouchers

Apply now Contact us

Explore our HDB Loan Packages

	POSB 3-Year CPF-OA HDB Loan	POSB 3-Year Fixed HDB Loan
Year 1 to Year 3	POSB 3-Year CPF-OA HDB Loan 1.78% p.a. Pegged at 0.72% p.a. below CPF-OA rate	POSB 3-Year Fixed HDB Loan 2.08% p.a.
Year 4 to Year 5	POSB 3-Year CPF-OA HDB Loan 2.20% p.a. Pegged at 0.30% p.a. below CPF-OA rate	POSB 3-Year Fixed HDB Loan 3-month (3M) SORA + 1.00% p.a.
Thereafter	POSB 3-Year CPF-OA HDB Loan 2.40% p.a. Pegged at 0.10% p.a. below CPF-OA rate	POSB 3-Year Fixed HDB Loan 3-month (3M) SORA + 1.00% p.a.
Commitment period	POSB 3-Year CPF-OA HDB Loan 3 years	POSB 3-Year Fixed HDB Loan 3 years
Reference rate	POSB 3-Year CPF-OA HDB Loan Pegged below CPF-OA rate of 2.50% p.a. throughout loan tenure	POSB 3-Year Fixed HDB Loan Pegged to 3-month SORA rates after the commitment period
Minimum loan amount	POSB 3-Year CPF-OA HDB Loan S$100,000	POSB 3-Year Fixed HDB Loan S$200,000
Maximum loan tenure	POSB 3-Year CPF-OA HDB Loan 75% LTV: 25 years max loan tenor (provided borrower age + tenure ≤ 65 years old) 55% LTV: 30 years max loan tenor (provided borrower age + tenure > 65 years old)	POSB 3-Year Fixed HDB Loan 75% LTV: 25 years max loan tenor (provided borrower age + tenure ≤ 65 years old) 55% LTV: 30 years max loan tenor (provided borrower age + tenure > 65 years old)

Explore our promotions designed to maximise savings & rewards!

Get your POSB HDB Loan in 4 easy steps

Not sure where to start? Every property and its purchasing journey is unique, that's why we've crafted a simple step-by-step guide to streamline the process, whether you're a first-time buyer or a seasoned homeowner.

Ensure you have digibank accessBefore you kickstart your home loan application, ensure that you have digibank access for a seamless application journey.

Whether you are new to DBS or POSB or have an existing account, getting your digibank access is as easy as 1-2-3!
Simply refer to this guide to get started.

Submit your applicationComplete your home loan application and submit all required documents

Refer to this list of documents you’ll need to prepare and ensure you have a DBS/POSB savings account for loan disbursement.

Receive Letter of OfferOnce your loan is approved, you will receive a letter of offer via email. In instances where we require more information, our Home Advice Specialist will reach out to you.

Accept loan offerOnce you’ve accepted the loan offer, a letter of acceptance will be generated and emailed to you. Congratulations on your approved loan!

Apply now Contact us

Frequently Asked Questions

General Questions Buying a BTO/Resale HDB Refinancing your HDB Loan

What is it?

CPF-OA benchmark: The CPF-OA interest rate is reviewed quarterly and is subject to a legislated minimum of 2.50% p.a.

3M SORA benchmark: The 3-month Singapore Overnight Rate Average, or 3M SORA, is a market-based benchmark based on actual overnight borrowing transactions between banks in Singapore.

How does the rate behave?

CPF-OA benchmark: It is reviewed quarterly but has remained at its legislated minimum of 2.50% p.a. since 1999.

3M SORA benchmark: It may rise or fall with market interest rates and economic conditions.

When and where is it published?

CPF-OA benchmark: The CPF-OA interest rate is published on the CPF website.

3M SORA benchmark: 3M SORA rates are published daily on the MAS website at 9 a.m.

Get more benefits with these exclusive perks

Stack additional perks with your POSB Home Loan

POSB Renovation Loan

Maximise your savings with an exclusive rate of 3.38% p.a. (EIR 4.49% p.a.) on your renovation loan. That’s 1.7% p.a. lower than our regular rate of 5.08% p.a. (EIR 6.16% p.a.)!

Find out more

myHome Protect II

Get up to S$350,000 coverage for your renovations, home and contents in the event of an accident such as fire.

Get a quote

Multiplier Account

Supercharge your savings today! Finance your home loan with us and unlock higher bonus interest with our Multiplier account.

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Additional Resources

Discover our suite of tools designed to make budgeting and planning stress-free.

MyHome Planner

Plan your new home loan finances effectively with smart tools. We simplify the home purchase process for you to ensure you find a home within your budget and preferences.

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Essential Reads for Homeowners

Make confident decisions with our how-to guides and tips.

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Apply for an In-Principle Approval

Get an In-Principle Approval (IPA) and find out the maximum loan amount that you can borrow.

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¹ Savings of S$3,100 are calculated based on the CPF-OA package based on an average loan amount of S$400,000 over a 20-year tenure.

² Complimentary Lasting Power of Attorney (LPA) certification for eligible customers who apply for the POSB HDB Loan by 31 Dec 2026. Terms and conditions apply.

POSB Home Loan Fees and Charges

For a full list of associated costs, read our DBS Home Loan Fees and Charges.

HDB Eligibility & Grants
Explore your HDB eligibility criteria and available grants from HDB's website.

Deposit Insurance Scheme

Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$100,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$100,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

Lower-than-HDB rates from 1.78% p.a. with POSB HDB Loan

How much can I save with a POSB HDB Loan?

POSB 3-Year CPF-OA HDB Loan

POSB 3-Year Fixed HDB Loan

Explore our HDB Loan Packages

POSB 3-Year CPF-OA HDB Loan

POSB 3-Year Fixed HDB Loan

Explore our promotions designed to maximise savings & rewards!

Get your POSB HDB Loan in 4 easy steps

Frequently Asked Questions

Get more benefits with these exclusive perks

POSB Renovation Loan

myHome Protect II

Multiplier Account

Additional Resources

MyHome Planner

Essential Reads for Homeowners

Apply for an In-Principle Approval

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