Choosing between an HDB loan vs bank loan in Singapore is one of the most important financial decisions you’ll make on your home journey. Your home loan route affects your monthly cash flow for decades, your risk exposure to interest rate changes, and how easily you can refinance or upgrade later. Homejourney’s aim is to help you decide safely, with transparent information and practical steps you can follow.
In this definitive guide, we break down the HDB concessionary loan, bank housing loan packages, current 2026 interest rates, and real examples from common Singapore flat purchases. You’ll see how different choices play out over time, and how to use Homejourney’s tools to compare rates, calculate eligibility, and let banks compete for your business in a safe, trusted way.
Executive Summary: How to Choose Your Home Loan Route Safely
In Singapore, you typically have two main options for financing an HDB flat: the HDB concessionary loan or a bank housing loan from lenders like DBS, OCBC, UOB, HSBC, Standard Chartered, Maybank and others. The HDB loan offers a stable, fixed interest rate of 2.6% p.a., pegged at 0.1% above the CPF Ordinary Account rate. Bank loans, on the other hand, currently offer effective rates around 1.6%–2.8% p.a. in 2026, often linked to 3M or 6M SORA with an added spread.
In simple terms:
- HDB loan – higher but stable interest, full CPF downpayment allowed, no lock-in, no early repayment penalty, easier cash-flow management.
- Bank housing loan – lower initial interest, but rates can move. Requires at least 5% cash downpayment, typical 2–3 year lock-in, and early repayment penalties during lock-in.
As of 2026, many buyers are asking whether to keep the HDB loan at 2.6% or switch to cheaper bank packages around 1.6% effective SORA-based rates. The answer depends on your income stability, risk appetite, and long-term plans. This guide walks you through that analysis step-by-step, with practical scenarios (for example, buying a S$500,000 4-room flat in Punggol or Yishun) and clear decision frameworks.
Chapter 1: Understanding the HDB Concessionary Loan
What Is the HDB Concessionary Loan?
An HDB concessionary loan is a government-backed home loan offered directly by the Housing & Development Board to help Singapore citizens finance HDB flats at a stable interest rate. The rate is currently 2.6% p.a., pegged at 0.1% above the CPF Ordinary Account (CPF OA) interest rate of 2.5%. This rate has remained unchanged for many years and is reviewed quarterly but has not moved even when market rates fell.
Key features of HDB loan (2026):
- Interest rate: 2.6% p.a., fixed and concessionary.
- Loan-to-value (LTV): Up to 75% of the purchase price or valuation (whichever is lower).
- Downpayment: At least 25%, which can be fully paid using CPF OA savings, cash, or a combination.
- Eligibility: At least one buyer must be a Singapore citizen, household income not exceeding S$14,000 (S$7,000 for singles, S$21,000 for extended families).
- Lock-in period: None – you can fully redeem or refinance anytime without penalty.
Eligibility Rules and Income Ceilings
HDB loans are designed for owner-occupiers and come with specific eligibility criteria:
- At least one applicant must be a Singapore citizen.
- Monthly household income must not exceed S$14,000 for families, S$7,000 for singles, or S$21,000 for extended families.
- You must not have owned private property in the last 30 months.
- You must not have taken two or more previous HDB housing loans.
Locally, this means many young couples buying their first BTO in towns like Punggol, Sengkang or Tampines fit comfortably within the income ceiling. However, couples working in higher-paying sectors or those combining two strong incomes (for example, dual-income professionals living near Novena or Buona Vista) may cross the limit and be forced to use bank financing.
Downpayment and Use of CPF OA
One of the biggest practical advantages of the HDB loan is the flexibility to use CPF OA savings for almost the entire downpayment.
- Downpayment for HDB loan: At least 25% of the purchase price. This can be fully financed by CPF OA (subject to OA balance), cash, or a mix.
- HDB requires you to use available OA savings first, but you can retain up to S$20,000 in OA as an emergency buffer.
From an insider perspective, many buyers in heartland estates like Jurong West or Woodlands prefer using CPF as much as possible to minimize cash outlay. Being able to keep S$20,000 in OA gives some peace of mind – especially if you know your area’s resale market can be challenging and you want a buffer for future mortgage payments.
MSR and TDSR for HDB Loan
HDB loans are subject to both Mortgage Servicing Ratio (MSR) and Total Debt Servicing Ratio (TDSR) rules set by MAS and HDB.
- MSR: For HDB flats and ECs, monthly housing loan repayments cannot exceed 30% of gross monthly income.
- TDSR: All debt obligations, including the home loan, cannot exceed 55% of gross monthly income.
For example, a couple earning S$5,500 each (S$11,000 total) looking at a 4-room resale flat in Yishun around S$520,000 would need to ensure their monthly mortgage plus any other loans stay within these limits. This often leads them to adjust tenure or downpayment to hit a comfortable, stress-tested monthly figure.
Chapter 2: Understanding Bank Housing Loans in Singapore
What Is a Bank Housing Loan?
A bank housing loan is a private mortgage offered by financial institutions such as DBS, OCBC, UOB, HSBC, Standard Chartered, Maybank, CIMB, RHB, Citibank, and others. These loans can finance HDB flats, condominiums, and landed properties, and come with different rate structures (fixed, SORA-linked, board-rate) and lock-in periods.
Common types of bank loan packages:
- Fixed-rate packages: Interest is fixed for 1–5 years, then often converts to a floating SORA-linked rate.
- SORA floating-rate packages: Interest is set at 3-month or 6-month compounded SORA plus a spread (for example, SORA + 0.5%).
- Board-rate packages: Interest pegged to the bank’s internal rate, adjusted at the bank’s discretion.
Current Bank Loan Rates (2026 Context)
As of 2026, local data indicates that 3-month compounded SORA is around 1.11% p.a., and banks typically add a margin of about 0.5%, bringing effective rates to roughly 1.6% p.a. for new SORA-based home loans. Fixed packages have been in the region of 2.3%–2.85% p.a. for the first few years, depending on the bank and tenure.
The chart below shows recent interest rate trends in Singapore:
If you track these trends closely, you’ll notice that bank rates can dip below the stable 2.6% HDB rate during periods of lower market interest, creating potential savings. However, those savings depend on how long rates stay low and whether you’re comfortable with fluctuations.
Bank Loan Eligibility and LTV
Eligibility for bank loans is broader than for HDB loans. Singapore citizens, PRs, and foreigners aged 21–65 can typically apply, subject to the bank’s credit assessment. Income ceilings like HDB’s S$14,000 cap do not apply; instead, banks focus on TDSR and internal affordability rules.
Key structural features:
- LTV: Up to 75% of the property valuation or purchase price (whichever is lower), similar to HDB loans.
- Downpayment: 25% of the purchase price, with at least 5% in cash and up to 20% in cash or CPF OA.
- Lock-in period: Typically 2–3 years, with early repayment penalties (often ~1.5% of outstanding loan) if you redeem or refinance during lock-in.
In practice, this means if you buy a S$800,000 city-fringe condo near Alexandria or Queenstown with a bank loan, you must plan your cash component carefully and be ready to commit for the lock-in period unless you’re prepared to pay penalties.
Bank Rate Types: SORA, Fixed and Board Rates
Most banks now structure their home loans around SORA, aligned with MAS guidelines to move away from older reference rates.
- SORA-based loans: Pegged to the daily average of unsecured overnight interbank SGD transactions, compounded over 3 or 6 months. Your rate is SORA plus a spread (for example, 3M SORA + 0.65%).
- Fixed-rate loans: Lock in a fixed rate (say 2.45% p.a.) for a period (usually 2–5 years), after which the loan often reverts to a SORA-linked or board rate.
- Board-rate loans: Linked to the bank’s internal benchmark; these can be less transparent as the bank decides when to adjust the board rate.
Locally experienced buyers often prefer SORA packages for transparency and alignment with market interest movements, while first-time buyers in areas like Punggol or Bukit Batok may lean towards short-term fixed packages for peace of mind in the initial years.
Chapter 3: HDB Loan vs Bank Loan – Side-by-Side Comparison
Core Differences at a Glance
The table below summarizes the key differences between an HDB concessionary loan and a bank housing loan for HDB flats.
| Feature | HDB Concessionary Loan | Bank Housing Loan |
|---|---|---|
| Interest rate | Fixed 2.6% p.a., pegged to CPF OA + 0.1% | ~1.6%–2.8% p.a. (SORA, fixed, board) |
| Rate stability | High – unchanged for many years | Variable – depends on market and package |
| Downpayment | 25%, fully payable via CPF OA/cash | 25%, min 5% in cash, 20% CPF/cash |
| LTV | Up to 75% (valuation or price) | Up to 75% (valuation or price) |
| Lock-in period | None | Typically 2–3 years |
| Early repayment penalty | None | Yes, during lock-in (~1.5% outstanding) |
| Eligibility | Singapore citizen, income ceiling applies | Citizens, PRs, foreigners; no income ceiling |
| Refinancing direction | Can switch to bank loan | Cannot switch back to HDB loan |
Monthly Repayment Comparison: Real Example
Consider a young couple buying a S$500,000 4-room resale flat in Punggol:
- Loan amount: 75% = S$375,000
- Loan tenure: 25 years
Approximate monthly repayments (ignoring compounding nuances for illustration):
- HDB loan at 2.6%: Monthly repayment around S$1,700–S$1,750.
- Bank loan at 1.6%: Monthly repayment around S$1,500–S$1,550.
The bank loan could save roughly S$150–S$250 monthly in the initial years. Over 5 years, that’s about S$9,000–S$15,000. However, if SORA rises significantly later, those savings can shrink or reverse. The HDB loan’s appeal is certainty; you know what you’ll pay, whether you live near Bedok MRT or in a quieter estate like Choa Chu Kang.
Lifetime Cost vs Risk
From a lifetime cost perspective, bank loans can be cheaper if rates remain lower than 2.6% for prolonged periods. But you are exposed to market risk. Financially cautious households, especially those with variable incomes (such as self-employed drivers or freelancers living in fringes like Pasir Ris), may prefer the predictable HDB route.
Chapter 4: The One-Way Street of Refinancing Decisions
Refinancing from HDB to Bank – Irreversible
A critical rule in Singapore housing finance is that refinancing from an HDB loan to a bank loan is a one-way street. Once you move your mortgage from HDB to a private bank, you cannot switch back to the HDB concessionary loan for the same property.
This has serious implications:
- If you refinance during a low-rate environment, you enjoy savings initially.
- Many years later, if market rates climb above 2.6%, you cannot “return” to the stable HDB rate.
Before making this permanent move, Homejourney strongly recommends calculating multiple scenarios using the mortgage calculator and eligibility tools Mortgage Rates and requesting guidance from Homejourney Mortgage Brokers. This ensures you fully understand potential future risks before committing.
Refinancing Between Banks
Refinancing between banks (e.g., from DBS to OCBC or UOB) is more flexible. Once your lock-in period ends, you can shop for better packages and switch lenders, subject to new legal and valuation costs. This is a common refinancing strategy among homeowners in mature estates like Ang Mo Kio, Toa Payoh, or Bishan who want to reduce interest costs after the initial fixed-rate period.
When Might Refinancing Make Sense?
Refinancing from HDB to bank loan may make sense when:
- Bank effective rates are significantly below 2.6% (for example, 1.6%–2.0%).
- You have stable incomes and good buffers in cash and CPF.
- You plan to closely monitor SORA and are comfortable reacting to rate changes.
Refinancing between banks may make sense when:
- Your lock-in period has ended and your current package has become uncompetitive.
- New packages offer lower spreads over SORA or better fixed rates.
- You want to adjust tenure or cash-flow structure, such as after a salary increase or when children leave for NS or university.
Chapter 5: MAS Regulations – TDSR, MSR and Safe Borrowing Limits
Total Debt Servicing Ratio (TDSR)
The TDSR is a key MAS safeguard. It caps your total monthly debt obligations (including home loan, car loan, personal loans, credit cards) at 55% of your gross monthly income. Both HDB and bank loans must comply with TDSR.
Example:
- Combined monthly income: S$10,000
- Maximum TDSR borrowable: 55% = S$5,500 in all loan repayments
If you already have S$1,000 monthly car instalments and S$500 in personal loan repayments, your home loan repayments must fit within the remaining S$4,000. Homejourney’s eligibility calculator helps you quickly estimate this and prevent over-borrowing.
Mortgage Servicing Ratio (MSR) for HDB and EC
For HDB flats and ECs, an additional MSR rule caps your housing loan repayment at 30% of gross monthly income.
Example from CPF guidance:
- Monthly income: S$5,500
- Max housing repayment under MSR: 30% × S$5,500 = S$1,650
This S$1,650 must fit within your broader S$3,025 TDSR budget (55% of S$5,500). Homejourney prioritizes user safety by guiding you towards repayment levels that not only comply with MAS rules but leave you comfortable after everyday expenses, from MRT fares to childcare costs.
Chapter 6: Real-World Scenarios – Which Loan Works Best?
Scenario 1: First-Time BTO Buyers in Punggol
Profile:
- Couple in late 20s, combined income S$8,000.
- Buying a BTO 4-room flat in Punggol at launch price around S$450,000.
- CPF OA combined: S$100,000.
Options:
- HDB loan: Use CPF OA fully for 25% downpayment (S$112,500) if possible; stable 2.6% interest; monthly repayment around S$1,500–S$1,600.
- Bank loan: 25% downpayment requires at least 5% cash (S$22,500), plus 20% CPF/cash. SORA-based rate ~1.6% with lower monthly repayment initially.
Insider tip: Many couples in Punggol choose HDB loans because the area already involves additional expenses (LRT transfers from Punggol MRT, children’s enrichment classes in nearby malls). The ability to fully use CPF OA and avoid cash downpayment helps them keep cash for renovations and daily life.
Scenario 2: Higher-Income Couple Buying Resale in Bishan
Profile:
- Combined income S$18,000, both mid-career professionals.
- Buying a 4-room resale flat in Bishan near MRT at S$900,000.
Because their income exceeds HDB’s S$14,000 ceiling, they must take a bank loan. They may choose a 3-year fixed package at around 2.4% p.a. and plan to refinance later depending on rates. These buyers often value being near central locations for work (Raffles Place, Novena) and are comfortable monitoring markets and adjusting loans after lock-in.
Scenario 3: Self-Employed Borrower in Woodlands
Profile:
- Self-employed with fluctuating income, average S$5,000 monthly.
- Buying a S$400,000 3-room resale flat in Woodlands.
This borrower may prefer an HDB loan for stability, especially if income varies month to month and they want predictable repayments. With the HDB loan, they can use CPF OA heavily and keep some cash buffer for slower months, instead of worrying about potential spikes if SORA rises.
Chapter 7: Major Singapore Banks and Their Home Loan Offerings
DBS, OCBC, UOB – Local Giants
DBS Bank, OCBC Bank, and UOB are the three major local banks offering extensive home loan options for HDB and private properties. Packages commonly include:
- SORA-based floating loans – 3M or 6M SORA + spread.
- Short to medium-term fixed loans – 2–5 year fixed rate followed by floating.
- Occasional board-rate packages for specific segments.
DBS provides educational resources outlining how HDB loans compare with its bank loan offerings and emphasizes TDSR, MSR and LTV rules. Similar guidance is available from OCBC and UOB via their official channels.
International Banks: HSBC, Standard Chartered, Citibank
Global banks like HSBC, Standard Chartered and Citibank offer home loans often targeted at higher-income borrowers or those buying private homes and investment properties. Their products can include competitive SORA-based packages, multi-currency options, and premium relationship benefits.
Regional Banks: Maybank, CIMB, RHB, Hong Leong, Public Bank
Regional banks such as Maybank, CIMB, RHB Bank, Hong Leong Bank and Public Bank also compete actively in the mortgage space, sometimes with aggressive promotional rates or specialized packages for certain income groups or cross-border investors.
With so many lenders and packages, manually comparing every option is difficult. Homejourney helps by allowing you to compare rates from all major banks in one place Mortgage Rates , track live SORA movements, and submit a single loan request that invites multiple banks to compete for your business.
Chapter 8: Pros and Cons – HDB Loan vs Bank Loan
Advantages of HDB Concessionary Loan
- Stability: The 2.6% rate has remained unchanged for years, providing predictable monthly repayments.
- No lock-in, no early repayment penalty: You can repay faster or refinance to a bank anytime without fees.
- CPF-friendly downpayment: You can use CPF OA extensively and retain up to S$20,000 as an emergency fund.
- Lenient structure for owner-occupiers: Designed to support genuine home ownership, particularly in HDB towns.
Disadvantages of HDB Loan
- Higher interest rate: At 2.6%, it can be 1% or more above market bank rates in low-rate environments.
- Income ceiling: Higher-income households may be ineligible.
- Limited to HDB flats: Cannot be used for private properties.
Advantages of Bank Housing Loan
- Potentially lower interest: SORA-based rates and promotional fixed packages can be significantly below 2.6%.
- Broader eligibility: Available to citizens, PRs and foreigners; no income cap.
- Suitable for private properties: Mandatory for condos and landed homes.
- Flexible refinancing options between banks: You can switch lenders to chase lower rates after lock-in.
Disadvantages of Bank Loan
- Interest rate risk: Floating rates can rise, and fixed rates are only temporary.
- Lock-in and penalties: Typical 2–3 year lock-in with early repayment penalties (~1.5% of outstanding).
- Cash downpayment requirement: At least 5% of purchase price must be in cash.
- Irreversible move from HDB: Once you refinance from HDB to bank, you cannot return.
Chapter 9: Practical Decision Framework – How to Choose Your Home Loan
Simple Decision Table for HDB Loan vs Bank Loan
Use this quick reference to decide your home loan route:
| Priority | Best Fit |
|---|---|
| Maximum stability and predictability | HDB loan |
| Lowest possible interest in current market | Bank loan (SORA/fixed) |
| Minimal cash outlay for downpayment | HDB loan |
| Buying private property (condo/landed) | Bank loan only |
| Household income above HDB ceiling | Bank loan only |
| Comfortable monitoring interest rates actively | Bank loan okay |
Step-by-Step: Choosing Safely
- Check eligibility: Confirm if you qualify for HDB loan (citizenship, income ceiling, no recent private property).
- Assess cash vs CPF: Calculate your CPF OA balances and cash on hand for downpayment and renovation.
- Estimate repayments: Use Homejourney’s mortgage eligibility and repayment calculator Mortgage Rates to compare HDB vs bank monthly costs.
- Consider job stability: If your income is volatile, weigh stability more heavily.
- Account for future plans: Think about upgrading, children, and retirement timing.
- Submit one request: Use Homejourney’s multi-bank request flow to see actual bank offers side-by-side and let lenders compete for your business.
Chapter 10: How Homejourney Helps You Navigate Safely
Compare Bank Rates in One Place
Instead of visiting each bank’s website separately, you can use Homejourney’s home loan tools to compare rates from DBS, OCBC, UOB, HSBC, Standard Chartered, Maybank, CIMB, RHB, Citibank and more in one place. The platform shows real-time SORA-linked rates and fixed packages, helping you avoid outdated information and sales-driven presentations.
Mortgage Eligibility Calculator and Borrowing Power
Homejourney’s mortgage eligibility calculator lets you calculate your borrowing power instantly based on income, age, existing debts, and desired tenure. This helps you align your expectations with MAS rules before you talk to any bank, reducing the risk of over-committing or relying on rough guesses.
Multi-Bank Request and Calculator-to-Callback Flow
Once you’ve tested different scenarios via the calculator, you can:
- Submit a single loan request to Homejourney Mortgage Brokers.
- Let multiple banks compete for your loan, presenting packages tailored to your profile.
- Receive a callback with personalised guidance, comparing HDB loan vs bank loan Singapore options in detail.
This structured process ensures your request includes accurate loan details, improving the quality of offers and keeping you in control. It also reduces the pressure of interacting with multiple sales teams separately, which can be overwhelming for first-time buyers.
Property Search and Project Insights
Beyond loans, Homejourney’s property search Property Search helps you find flats and projects that fit your budget based on your calculated borrowing power. You can reference market data and project details via the projects directory Projects Directory , crossing financing facts against actual unit prices and past transaction trends.
Post-Purchase Safety: Maintenance and Aircon Services
After securing your home, keeping it comfortable and well-maintained is essential. Homejourney’s curated aircon servicing options Aircon Services support you in maintaining a healthy living environment, which indirectly affects your long-term financial stability by avoiding major repair shocks.
Chapter 11: Market Outlook and Interest Rate Considerations
Monitoring SORA and Bank Rate Trends
In recent years, Singapore’s interest rate environment has seen periods of historically low SORA followed by gradual normalization. As of early 2026, 3M SORA around 1.11% with typical spreads of 0.5%–0.7% yields effective rates near 1.6%–1.8%. This makes bank loans very attractive compared to 2.6% HDB loans, but future movements remain uncertain.
Borrowers should monitor MAS and reputable local business news such as Business Times Property or Straits Times Housing News for macro trends, while using Homejourney to track live SORA changes and updated bank packages.
Risk Management Tips for Borrowers
- Build buffers: Keep 6–12 months of mortgage repayments in cash or CPF OA where possible.
- Avoid maxing TDSR: Leave breathing room below the 55% cap to absorb shocks.
- Plan refinancing windows: Note lock-in expiry dates in your calendar and start comparing new packages 3–6 months beforehand.
- Don’t chase tiny differences: A 0.05% rate difference may not justify the hassle if legal costs eat up savings.
Chapter 12: Disclaimers and When to Seek Professional Advice
Home loan decisions involve significant financial risk. While this guide is based on official HDB, CPF and MAS information and current market data, rates and regulations can change. Always verify the latest figures with official sources and your chosen lender.
This article does not constitute personalised financial advice. Individual circumstances—such as variable income, overseas obligations, or complex investment portfolios—require professional assessment. Homejourney’s Mortgage Brokers can help interpret the numbers and tailor recommendations, but you should still consider consulting a licensed financial adviser for comprehensive planning.
Frequently Asked Questions: HDB Loan vs Bank Loan Singapore
1. What is the current HDB loan interest rate?
The current HDB concessionary loan interest rate is 2.6% per annum, pegged at 0.1% above the CPF Ordinary Account interest rate of 2.5%. This rate is reviewed quarterly but has remained stable for many years.
2. Are bank loans cheaper than HDB loans in 2026?
Many bank loans are currently cheaper than HDB loans, with effective SORA-based rates around 1.6%–1.8% p.a. and fixed packages around 2.3%–2.85% p.a. for the initial period. However, bank rates can change over time, so long-term cost depends on future interest movements.
3. Can I switch from HDB loan to bank loan and then back to HDB?
No. Refinancing from an HDB loan to a bank loan is irreversible for the same property. Once you move to a bank, you cannot return to the HDB concessionary loan for that home.
4. What is the minimum cash downpayment for a bank loan?
For an HDB or private property financed with a bank loan, you must pay at least 5% of the purchase price in cash, with the remaining 20% of the 25% downpayment payable in cash or CPF OA.
5. Can I use CPF for the full downpayment with HDB loan?
Yes. HDB allows you to use CPF OA savings to cover the entire 25% minimum downpayment (subject to your CPF balance), while still retaining up to S$20,000 in OA as an emergency buffer.
6. What is MSR and how does it affect my HDB purchase?
Mortgage Servicing Ratio (MSR) limits your housing loan repayment for HDB or EC purchases to 30% of your gross monthly income. If your desired loan would breach this limit, you may need to increase downpayment, extend tenure, or consider a cheaper flat.
7. What is TDSR and does it apply to both HDB and bank loans?
Total Debt Servicing Ratio (TDSR) caps your total monthly debt obligations at 55% of gross monthly income and applies to both HDB and bank loans. It includes all loans—home, car, personal and credit card instalments.
8. I earn more than S$14,000 per month. Can I still get an HDB loan?
No. HDB loans have a household income ceiling of S$14,000 for families (S$7,000 for singles, S$21,000 for extended families). If your combined income exceeds this, you must take a bank housing loan.
9. Is it safer to choose a fixed-rate bank loan?
Fixed-rate bank loans offer short-term stability (usually 2–5 years) but eventually revert to floating or board rates. They can be safer for initial budgeting, especially for first-time buyers, but you still face rate risk after the fixed period. Comparing fixed and floating packages on Homejourney helps you choose based on your horizon and risk appetite.
10. How do I decide between HDB loan and bank loan for my first flat?
Check eligibility for HDB loan first, then compare monthly repayments, downpayment requirements, and your comfort with rate fluctuations. If you value stability and minimal cash outlay, HDB loan may be preferable. If you have good cash buffers and want to maximise savings in a low-rate environment, a bank loan may be suitable. Using Homejourney’s calculators and multi-bank comparisons gives you clarity before deciding.
11. Can I refinance my bank loan later to get a better rate?
Yes. After your lock-in period ends, you can refinance your bank loan to another bank offering better rates, subject to new valuation and legal costs. Many homeowners do this every few years to keep their loan competitive.
12. Does Homejourney charge me for using the mortgage tools?
Homejourney’s online tools for rate comparison, eligibility, and loan requests are provided to help you make informed decisions safely. Any fees, if applicable, will be clearly disclosed during the process so you can decide transparently.
Choosing between an HDB loan vs bank loan in Singapore is ultimately about aligning your home loan route with your income stability, risk tolerance and long-term housing plans. Use Homejourney’s calculators, rate comparisons and multi-bank request flow to test scenarios, then decide on the combination of stability and savings that fits your household, and take your next step by requesting the lowest suitable package through Homejourney’s mortgage request form.
