DBS Home Loan Review Complete vs Other Banks Comparison | Homejourney
DBS offers competitive DBS home loan packages with fixed rates starting at 1.50% for 2 years and SORA-linked options from 3M SORA +1.00%, often outperforming smaller banks but trailing OCBC in flexibility for large loans over $1M.[1][2]
At Homejourney, we prioritize your safety by verifying real-time rates from all major banks including DBS, OCBC, UOB, and HSBC, helping you compare securely without sharing sensitive data across platforms.Bank Rates
Why Compare DBS Home Loans on Homejourney?
This DBS Home Loan Review Complete vs Other Banks Comparison builds on our pillar guide to Singapore home loans, offering tactical insights for first-time buyers and refinancers. DBS dominates with 80% market share alongside OCBC and UOB, leveraging its vast SGD funds pool for stable fixed rates.[1]
As Singapore's largest bank with POSB integration, DBS excels in HDB and private property financing, bundling loans with high-yield Multiplier accounts. Use Homejourney's real-time comparison at https://www.homejourney.sg/bank-rates to see how DBS stacks up instantly.
DBS Home Loan Products Overview
DBS provides fixed, SORA Pibor (3M SORA compounded), and hybrid packages for completed residential properties. Key offerings include 2-year fixed at 1.50%-1.78%, switching to 3M SORA +1.00% thereafter, with minimum loans from $500k-$700k.[1]
Unique features: 100% penalty waiver on property sale, free conversion after 24 months, and cash rebates up to $2,800 for refinancing over $1.5M. DBS pioneered Fixed Deposit Home Rate (FHR) for stability, ideal amid 2026's low-rate environment.[1][3]
Current DBS Home Loan Rates 2026
DBS fixed rates hit 3-year lows at 1.50% for POSB HDB loans (no early repayment penalty), with private property packages at 1.78% Year 1-3.[1][3] SORA packages start at 3M SORA +0.32% (first 3 years, selectable during lock-in).
The chart below shows recent interest rate trends in Singapore:
Rates have stabilized post-2025 dips, with DBS's fixed options beating HDB's 2.6% for eligible buyers switching from flat-rate loans.[3][6]
DBS Fixed Rate vs SORA Loan Breakdown
| Package | Year 1-2 | Year 3+ | Min Loan |
|---|---|---|---|
| Fixed (1.78%) | 1.78% Fixed | 3M SORA +1.00% | $500k |
| SORA (1.50%) | 1.50% Fixed | 3M SORA +1.00% | $700k |
Effective rates include spreads; actuals depend on profile. Calculate yours on Homejourney's mortgage calculator: https://www.homejourney.sg/bank-rates#calculator.
DBS vs Other Banks: Side-by-Side Comparison
DBS leads in fixed-rate stability for 2-3 years but OCBC offers better flexibility with partial prepayments and sharper rates for $1M+ loans. UOB matches on rebates but lags in branch network.[1][2][4]
| Bank | 2Y Fixed Rate | SORA Spread | Rebate (>$1M) |
|---|---|---|---|
| DBS | 1.50-1.78% | +1.00% | $2,500 |
| OCBC | 1.55% | +0.95% | $2,500 |
| UOB | 1.60% | +1.05% | $2,300 |
| HSBC | 1.65% | +1.10% | $2,000 |
Foreign banks like HSBC and Standard Chartered suit expats with higher LTV up to 75%, while Maybank/CIMB offer promo rates for HDB upgraders. Compare all 11 banks on Homejourney for personalized results.[2][4][6]
Pros and Cons of DBS Mortgage Review
Pros: Lowest fixed rates for longer tenors, seamless Singpass integration via DBS digibank, 100% sale penalty waiver, strong HDB support.[1][3]
- Largest branch network for in-person support across Singapore, from Orchard to Jurong.
- Bundles with Multiplier for extra yields up to 4% on savings.
- Competitive for $500k+ private properties in areas like Toa Payoh or Punggol.
Cons: Higher spreads post-lock-in vs OCBC, stricter for self-employed. Best for salary-credit customers; others may prefer UOB's processing speed.[4]
DBS Home Loan Application Process
- Check Eligibility: Use Homejourney calculator for TDSR compliance (60% debt cap).Bank Rates
- Gather Docs: NRIC, income slips (3 months), property option fee receipt, CPF statements.
- Apply via Singpass: One-click on Homejourney submits to DBS + others simultaneously for best offers.
- Timeline: Approval in 3-7 days; valuation 1 week. Full disbursement post-legal in 4-6 weeks.
Connect with Homejourney Mortgage Brokers for free guidance: https://www.homejourney.sg/bank-rates.
User Experience and Refinancing with DBS
DBS digibank app leads for mobile repricing and payments, with 24/7 chat. Refinancing saw 13x uptake in late 2025 due to low rates; expect similar in 2026.[3]
Insider tip: Time refinancing 2 months pre-lock expiry to capture cashback. Track SORA live on Homejourney for optimal timing.
FAQ: DBS Home Loan Review Complete vs Other Banks
Is DBS fixed rate better than SORA loan in 2026?
DBS 1.50-1.78% fixed suits stability seekers amid low rates, but SORA +1.00% offers flexibility if rates fall further. Compare on Homejourney.[1][3]
How does DBS compare to OCBC home loan?
DBS wins on fixed stability; OCBC on prepayment flexibility. See full OCBC Home Loan Review: Complete vs Other Banks Comparison 2026 | Homejourney ">OCBC Home Loan Review: Complete vs Other Banks Comparison 2026 | Homejourney .[4]
What documents for DBS housing loan approval?
Income proof, property details, CPF history. Use Singpass on Homejourney for auto-fill.[1]
Can I get DBS cash rebate when refinancing?
Yes, up to $2,800 for $1.5M+ loans. Verify eligibility via our brokers.
Best bank for HDB upgraders: DBS or UOB?
DBS for low fixed HDB rates; check all via https://www.homejourney.sg/bank-rates.
Disclaimer: Rates as of Feb 2026; subject to change. Homejourney provides information, not financial advice. Consult professionals. Find properties in budget at https://www.homejourney.sg/search and link to our DBS pillar: DBS Home Loan Review 2026: Complete Guide by Homejourney ">DBS Home Loan Review 2026: Complete Guide by Homejourney .
Start your safe journey: Compare DBS and more on Homejourney today.
