DBS home loan packages are among the most popular choices for Singapore buyers and investors in 2026, thanks to competitive DBS fixed rate and DBS SORA loan options, plus strong digital banking support. This Homejourney guide gives you a detailed, safety-first DBS mortgage review so you can decide if a DBS housing loan is right for you—and how to secure the best deal with minimal risk.
As a Singapore-focused platform, Homejourney breaks down DBS home loan packages using real numbers, current regulations, and practical examples from HDB and private buyers. You will also learn how to compare DBS against other major banks and apply safely through Homejourney’s tools.
Table of Contents
- Chapter 1: DBS Home Loan Overview in 2026
- Chapter 2: Types of DBS Housing Loans (Fixed, SORA, FHR & Special Packages)
- Chapter 3: DBS Home Loan Rates in 2026 & Market Context
- Chapter 4: DBS Fixed Rate vs DBS SORA Loan – Which Is Better?
- Chapter 5: DBS Home Loan Eligibility, LTV & MAS Rules
- Chapter 6: DBS Home Loan Application Process Step-by-Step
- Chapter 7: Refinancing & Repricing with DBS
- Chapter 8: DBS User Experience – Digital, Service & Safety
- Chapter 9: Pros & Cons of DBS Housing Loans (Who It’s Best For)
- Chapter 10: How Homejourney Helps You Compare & Apply Safely
- DBS Home Loan 2026 FAQ (Singapore Buyers & Owners)
Chapter 1: DBS Home Loan Overview in 2026
DBS Bank is Singapore’s largest local bank and a dominant player in the mortgage market, financing both HDB and private properties. In 2026, DBS continues to offer a full suite of housing loans for:
- New HDB BTO and resale flats
- Private condominiums and apartments (completed and Building Under Construction, BUC)
- Landed homes and cluster houses
- ECs (Executive Condominiums) and mixed-use properties
DBS home loans are usually structured as:
- DBS fixed rate packages – typically 2 to 5-year fixed rate periods for repayment stability.[5]
- DBS SORA loans – floating packages pegged to 3M SORA (3-month compounded Singapore Overnight Rate Average) plus a spread.[5][1]
- DBS FHR (Fixed Deposit Home Rate) packages – floating packages pegged to DBS’s internal fixed deposit rates (e.g., FHR6).[1][5]
- Special packages such as DBS Green Home Loan and Easy Switch / BUC packages.[1][4]
From first-time HDB buyers in Punggol to investors refinancing a condo in the East Coast, DBS is often one of the top two quotes you will see when you compare bank rates on Homejourney’s bank rates page Bank Rates . Homejourney consolidates these offers so you can see DBS alongside OCBC, UOB, HSBC, Standard Chartered, Maybank, CIMB, RHB, Citibank and others at a glance.
Chapter 2: Types of DBS Housing Loans (Fixed, SORA, FHR & Special Packages)
2.1 DBS Fixed Rate Home Loans
DBS fixed rate packages offer a guaranteed interest rate for a fixed period (commonly 2–5 years) before converting to a floating rate, usually pegged to 3M SORA plus a spread.[5] For buyers who want stable monthly repayments—like young families budgeting for preschool fees in Tampines or Sengkang—these packages are very popular.
Typical features in 2025–2026 based on market data and DBS promotions include:
- 2- to 5-year fixed periods, e.g., 3-year fixed at around the mid-1% to high-1% range in late 2025.[2][7]
- After fixed period, interest reverts to 3M SORA + a margin (e.g., +1.00% p.a.).[3]
- Lock-in period often matches the fixed term (e.g., 2 or 3 years), with possible 100% penalty waiver if you sell the property.[3]
2.2 DBS SORA Home Loans (DBS SORA Loan)
A DBS SORA loan ties your interest rate to 3M SORA, the Compounded Singapore Overnight Rate Average, published daily by MAS, plus a fixed spread. SORA is a transparent, transaction-based benchmark for SGD interest rates.[1]
In practice, a typical structure might look like:
- Interest = 3M SORA + 0.25% to 0.80% p.a., depending on package and loan size.[1][3][2]
- Rate reset every 3 months based on the latest 3M SORA.
- Lock-in period 2–3 years, sometimes with free or discounted conversion options for repricing.
According to recent market coverage, 3M SORA declined sharply from around 3% in early 2025 to about 1.2% by mid-December 2025, its lowest level since 2022.[2] Banks, including DBS, have also reduced spreads, from roughly 0.7% to around 0.25% for some packages.[2] This environment makes DBS SORA loans attractive for borrowers willing to accept some rate volatility in exchange for lower headline rates.
2.3 DBS FHR (Fixed Deposit Home Rate) Packages
DBS’s FHR packages are pegged to its internal Fixed Deposit Home Rate 6 (FHR6), derived from the prevailing 6-month SGD fixed deposit rate for amounts between S$1,000 and S$9,999.[5] FHR-based loans are floating, but tend to be more stable than SORA because fixed deposit rates typically move less frequently.[4][8]
Example from a current DBS Green Home Loan (for BUC properties with BCA Green Mark):
- Years 1–4: FHR6 + 0.48% p.a.[1]
- Thereafter: FHR6 + 0.60% p.a.[1]
- Minimum loan size: S$1,000,000.[1]
- 2 free conversions and no lock-in for some SORA-linked segments.[1]
FHR is still determined by DBS and can be adjusted by the bank (subject to notice), but historically changes have been less frequent than market-linked benchmarks like SORA.[4][8]
2.4 DBS Green Home Loan & Easy Switch / BUC Packages
DBS offers specialised packages for specific segments:
- DBS Green Home Loan – for private BUC projects with valid BCA Green Mark certification, offering preferential rates and features such as pre-determined SORA packages and no lock-in for certain years.[1]
- DBS Easy Switch Loan / BUC Home Loan – allows you to start with FHR6 and lock in a 3M SORA rate upfront, useful for buyers who purchase uncompleted condos in areas like Tengah or Lentor, where TOP is a few years away.[4]
These packages often combine multiple pegs (FHR and SORA) and include free conversions, which can be valuable if interest rates move unexpectedly while your property is still under construction.[4][1]
2.5 POSB HDB Loan (DBS Group)
Under the DBS group, the POSB HDB loan targets HDB buyers switching from the HDB concessionary loan. Recent promotional packages include a 3-year fixed rate at about 1.55% p.a., lower than HDB’s 2.6% concessionary rate, and with no penalty if you repay early or sell during the lock-in period.[2][9] Demand for such packages has risen sharply as SORA and fixed rates fell below the HDB loan rate in 2025.[2]
Chapter 3: DBS Home Loan Rates in 2026 & Market Context
3.1 Where DBS Rates Stand vs Market
By late 2025, Singapore home loan rates had fallen to their lowest in about three years, and early 2026 is expected to remain relatively favourable, though further declines may be modest.[2] Fixed-rate packages across banks, including DBS, dropped from around 3.1% at the start of 2025 to about 1.4%–1.8% by year-end, depending on the loan quantum.[2]
3M SORA fell from roughly 3% to about 1.2% over the same period.[2] Banks also cut spreads on floating loans, from about 0.7% to as low as 0.25% for some packages.[2] Mortgage experts note that SORA may have already “found a floor”, and current pricing already reflects much of the forecasted US rate cuts.[2]
3.2 SORA & Interest Rate Trend Visualisation
The chart below shows recent interest rate trends in Singapore to help you understand how 3M SORA and fixed rates have moved:
As you can see from the chart above (once rendered), SORA has declined significantly from its peak, while banks like DBS adjusted spreads and launched competitive fixed-rate campaigns to capture refinancing and new purchase demand.[2] For many borrowers, this creates a window of opportunity to lock in lower rates via DBS fixed rate packages, or to ride short-term low SORA with a DBS SORA loan while being mentally prepared for future adjustments.
3.3 Example: DBS Rates vs HDB Loan
Consider a typical HDB upgrader in Yishun with a remaining S$450,000 loan at 2.6% (HDB loan) and 20 years left. Switching to a DBS 3-year fixed at around 1.6% p.a. could save roughly S$220–S$250 per month in interest, or over S$2,600 a year, before accounting for legal fees and subsidies. CNA’s coverage estimates that a S$500,000 loan could save up to S$4,100 in annual interest when switching to a low fixed-rate bank package versus HDB’s 2.6%.[2]
However, you cannot revert to HDB financing after switching to a bank, so this decision should be made carefully and ideally with a clear financial buffer.
Chapter 4: DBS Fixed Rate vs DBS SORA Loan – Which Is Better?
4.1 Quick Comparison Table
4.2 Who Should Choose DBS Fixed Rate?
From experience helping buyers across estates like Punggol, Bukit Panjang and Jurong, fixed-rate packages are especially suitable if:
- Your household has tight monthly cash flow (e.g., young family with childcare costs and car instalments).
- You are buying your first home and prefer predictable instalments while adjusting to homeownership.
- You are risk-averse and do not want to monitor SORA or MAS rate announcements closely.
4.3 Who Should Choose a DBS SORA Loan?
A DBS SORA loan may be better if:
- You have ample savings and can handle potential rate increases.
- You actively track interest rates (via Homejourney’s real-time SORA tools on the bank rates page Bank Rates ) and are prepared to refinance or reprice when needed.
- You expect rates to remain low or decline further in your time horizon.
Investors financing city-fringe condos or central-region units for rental may favour SORA loans if the rental yield comfortably exceeds potential rate fluctuations.
Chapter 5: DBS Home Loan Eligibility, LTV & MAS Rules
5.1 Key MAS & HDB Rules Affecting DBS Loans
Regardless of bank, your DBS housing loan must comply with MAS and (for HDB properties) HDB rules. Some key frameworks include:
References
- Singapore Property Market Analysis 5 (2025)
- Singapore Property Market Analysis 1 (2025)
- Singapore Property Market Analysis 4 (2025)
- Singapore Property Market Analysis 2 (2025)
- Singapore Property Market Analysis 7 (2025)
- Singapore Property Market Analysis 3 (2025)
- Singapore Property Market Analysis 8 (2025)
- Singapore Property Market Analysis 9 (2025)
