Protect yourself from unpredictable interest rate changes with fixed rate packages. Fixed home loan rates are interest rates that remain constant throughout the term of the fixed rate period.
We offer a wide range of options from 2-year to 5-year fixed rate pricing packages.
This means that your monthly mortgage repayments during this fixed rate period will not change, providing you with predictability and stability in your housing expenses.
Move in sync with the market when you take up a floating rate package. Floating home loan rates can fluctuate over time based on market conditions. This means that your monthly mortgage repayments may go up or down, depending on changes in the reference rate to which your loan is tied to.
Floating rates offer flexibility and the possibility of saving money if interest rates decrease. It's important to assess your risk tolerance and financial situation before choosing a home loan package to ensure it aligns with your financial goals.
Bridging loan
| For purchase of all residential properties Prime Rate Floating Rate Package | No Lock-in |
|---|---|
| Up to 6 months | 4.25% p.a. |
No lock-in period. This is based on the POSB Prime Rate which is currently at 4.25% per annum.
Enjoy the best of both worlds by having part of your loan amount under a fixed rate package for a peace of mind, and also benefit from the interest of a floating rate package for the remaining loan amount.
Prevailing | Exclusive 3M SORA | |
|---|---|---|
Option A | 30% of loan amount | 70% of loan amount |
Option B | 40% of loan amount | 60% of loan amount |
Option C | 50% of loan amount | 50% of loan amount |
New Options to Choose From | ||
Option D | 60% of loan amount | 40% of loan amount |
Option E | 70% of loan amount | 30% of loan amount |
For the portion of loan under fixed rates, choose either a 2, 3, 4 or 5-Year Fixed Rate Package. The portion of loan under floating rates will be as such:
| 2-Year Lock-in 3M SORA + 0.75% p.a. | |
|---|---|
Year 1 to Year 2 | 3M SORA + 0.75% p.a. |
Year 3 and thereafter | 3M SORA + 0.75% p.a. |
Commitment period | 2 Years |
Minimum loan amount | S$100,000 |
3M SORA refers to the 3-Month Compounded Singapore Overnight Rate Average (SORA) that is published on MAS website at 1 Mar 2024, it is 3.649% p.a. Find out more on 3M SORA.
The blended interest rate may change as the portion of loan under the floating rate package is subject to interest rate fluctuations.
