CIMB vs RHB Home Loan Singapore Comparison: Frequently Asked Questions

CIMB and RHB, popular Malaysian banks in Singapore, offer competitive home loans for HDB and private properties, often with attractive floating rates pegged to SORA. This FAQ cluster answers key questions on CIMB vs RHB home loan options, helping buyers compare effectively while prioritizing safety and transparency at Homejourney.

As a trusted platform, Homejourney verifies rates from partners like CIMB, RHB, DBS, OCBC, and UOB, ensuring you make confident decisions. For the full pillar guide, see our CIMB vs RHB Home Loan Singapore: 2026 Comparison.

Why Compare CIMB and RHB Home Loans in Singapore?

Malaysian banks like CIMB and RHB provide Malaysian bank mortgage Singapore options with competitive SORA-based rates, often lower than local giants for larger loans over S$500,000. They appeal to investors and upgraders due to flexible terms and cash rebates up to S$2,800 on refinancing. However, check TDSR (Total Debt Servicing Ratio) limits at 55% and MSR (Mortgage Servicing Ratio) at 30% for HDB flats per MAS regulations.

Homejourney's bank rates page lets you compare CIMB vs RHB alongside DBS and OCBC instantly, with Singpass integration for verified applications.

Understanding Key Terms: SORA and Loan Types

SORA (Singapore Overnight Rate Average) replaced SIBOR in 2022 as the benchmark for floating rates. CIMB and RHB typically offer 1M or 3M SORA + 0.25%-0.60% p.a. for loans above S$500k, with 2-year lock-ins. Fixed rates start from 1.35%-1.42% for initial periods, per recent market data.

The chart below shows recent interest rate trends in Singapore:

As seen in the chart, SORA has stabilized around 3% in early 2026, making floating rates from CIMB and RHB attractive for risk-tolerant borrowers.

CIMB vs RHB: Rates, Fees, and Eligibility

Both banks target HDB resale and private properties, but CIMB often edges on floating rates (e.g., 1M SORA + 0.25% for S$1M+ loans), while RHB shines in fixed packages with higher rebates. Minimum loan S$400k-$500k applies; eligibility requires Singaporean/PR status, income above S$5k/month, and TDSR compliance.

• CIMB: Strong for BUC (Build-Then-Collect) loans; up to 2.8% rebate on refinance.


• RHB: Better lawyer fees subsidy; free conversion after 24 months.


• Both use CPF for downpayments (up to 20% ABSD for investors).

Use Homejourney's mortgage calculator to test scenarios, e.g., S$800k HDB loan at 3.5% SORA over 25 years yields ~S$4,000/month.

Actionable Steps: How to Choose Between CIMB and RHB

1. Check Eligibility: Input income/CPF on Homejourney bank-rates for TDSR/MSR preview.
2. Compare Rates: View live CIMB RHB comparison vs UOB/DBS; prioritize SORA +0.3% or lower.
3. Refinance Smartly: For HDB, convert only if bank rate < HDB's 2.6%; expect 4-6 week processing.
4. Apply Safely: Use Homejourney's multi-bank submission with Singpass for one-click to CIMB/RHB and partners.
5. Monitor Trends: Reprice post-lock-in if SORA drops.

Insider tip: For Punggol HDB upgraders, CIMB's flexible drawdown suits progressive payments. Always verify with Homejourney Mortgage Brokers for personalized advice. Disclaimer: Rates fluctuate; not financial advice. Consult professionals.

CIMB vs RHB Home Loan Singapore Comparison: Frequently Asked Questions

1. Which is better: CIMB or RHB home loan in 2026?

CIMB suits floating rate seekers with lower spreads (SORA +0.25%); RHB for fixed stability and rebates. Compare on Homejourney for your profile—e.g., S$1M private property favors CIMB at 1.42% effective.

2. Can Malaysian banks like CIMB/RHB finance HDB flats?

Yes, both offer HDB loans competitive to POSB, with MSR compliance. No HDB concessionary rate match, but better for high earners exceeding MSR limits via banks.

3. What are current CIMB vs RHB rates for refinancing?

As of Jan 2026, CIMB: 2Y fixed ~1.35%; RHB: 1M SORA +0.30%. Rebates cover fees for S$500k+. Track via Homejourney.

4. How long does CIMB/RHB loan approval take?

7-14 days for valuation; full approval 4 weeks. Homejourney's Singpass speeds it up, connecting to brokers for HDB/private.

5. Should I refinance from DBS to CIMB/RHB?

Yes if saving 0.2%+ p.a.; e.g., S$800k loan saves S$1,600/year. See our UOB vs DBS guide for context.

Ready to compare? Visit Homejourney bank-rates for CIMB vs RHB home loan Singapore comparison, calculate eligibility, and apply securely. Find properties in budget at property search. Trust Homejourney for verified, safe transactions.