Why take a POSB Home Loan?

Lower than HDB

concessionary loan rates

Protection against

sudden loss of income and unfortunate events with Home Payment Care

Earn up to

3.8% p.a. on your savings with Multiplier account
No minimum salary, no minimum credit card spend. Multiply your money today!

Apply now

 

A Quick Comparison

  POSB HDB Loan HDB Concessionary Loan
Interest Rates 2.0% p.a. 2.6% p.a.
Prevailing CPF rate of 2.5% + 0.1% p.a.
Maximum Loan Amount
(For OTP dated 6 July 2018 and after)
Up to 75%
of purchase price or market value, whichever is lower
Up to 90%
of purchase price or market value, whichever is lower
Downpayment 25%
of purchase price or market value, whichever is lower
10%
of purchase price or market value, whichever is lower
CPF & Cash Upfront 20% CPF + minimum 5% cash payment 10% CPF + no minimum cash payment

FHR8 refers to POSB Bank's prevailing 8 months Singapore Dollar fixed deposit rate for amounts between S$1,000 and S$9,999 or such other sum as we may specify. It is currently 0.950% p.a.

 

Interest Rates

Apply for a POSB Home Loan online, anytime, anywhere. Enjoy attractive fixed and floating rates today!

 

5 Simple Steps to your Dream Home

 

Download our detailed step-by-step guide to getting your dream home.

Download PDF Completed Property
Download PDF Building under construction
 

Some Handy Tips and Tools

Mortgage Affordability Calculator

Find the maximum home loan amount you can borrow.

Calculate

Home Loan Interest Savings Calculator

Calculate your savings when switching to a POSB home loan.

Calculate

 

How to apply

This will take about 10 minutes. Click here for a list of documents you will need. If you do not have all the documents, you could always upload them later.

This will take about 10 minutes. Click here for a list of documents you will need. If you do not have all the documents, you could always upload them later.



If you have an existing DBS/POSB account, you will need the last 4 digits of your ATM/Debit Card and PIN before you begin.


If you wish to review your existing home loan with us, please click here.


You are
 
Temporary Occupation Permit (TOP) Date refers to the time when construction is completed and a property is ready to be occupied.

Information on TOP date is available on HDB website.
Your property type is
The purchase will be made:
Your current loan is:
You are looking to:


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