Homejourney: Easy Home Loan Comparison vs Other Banks 2026
Comparing home loans across banks made easy on Homejourney lets you instantly view rates from DBS, OCBC, UOB, HSBC, Standard Chartered, Maybank and more in one secure platform, helping Singapore buyers secure the best mortgage rate without hassle.[1][2]
At Homejourney, we prioritize your safety and trust by verifying real-time data from major banks, so you can compare home loans Singapore confidently while calculating eligibility and applying via Singpass for faster approvals. This cluster focuses on tactical bank rate comparisons, linking back to our pillar guide on Singapore home financing for comprehensive coverage.
Why Use Homejourney for Bank Loan Comparison
Homejourney simplifies comparing home loans across banks made easy vs other banks comparison by aggregating live rates from all 11 partner banks including DBS, OCBC, UOB, HSBC, Standard Chartered, Maybank, CIMB, RHB, Public Bank, Hong Leong, and Citibank. Unlike manual checks, our platform shows effective rates, spreads, lock-in periods, and cash rebates side-by-side.
First-time HDB buyers or condo investors can filter by property type—resale HDB, BUC, or private—ensuring accurate bank rate comparison. We integrate Singpass for auto-filled applications, letting multiple banks compete for your business while you focus on properties via our property search.[2][3]
Current Best Rates: Fixed vs Floating (Jan 2026)
Maybank leads with 2-year fixed at 1.65% for private properties and 1.55% for HDB resale, followed by SCB at 1.68% and HSBC at 1.70%.[1] For floating rates, Maybank's 3M SORA +0.40% and DBS/SCB at +0.50% offer the lowest spreads with short 1-year lock-ins, ideal amid rising SORA trends.
DBS shines for HDB refinancing with 3M SORA +0.50% plus $2,000 cashback (for loans >$200k), covering fees up to $1,900 net positive.[1] Use Homejourney's mortgage calculator to see how a $500k loan at 1.65% fixed saves $5,000+ in Year 1 vs market average 1.80%.
SORA Trends and Rate Context
SORA (Singapore Overnight Rate Average) is the MAS-approved benchmark replacing SOR/FDMR since 2024, with 3M SORA around 2.8-3.0% in early 2026.[1] Fixed rates provide stability for 2-3 years, while floating (SORA + spread) suit those expecting rate cuts.
The chart below shows recent interest rate trends in Singapore:
As seen, 3M SORA has stabilized post-2025 peaks, favoring short-lock-in floating loans from Maybank or SCB. Track live updates on Homejourney bank rates.[1]
Side-by-Side Bank Comparison Table
Here's a focused compare mortgage offers for $800k private property loans (effective rates include spreads):
| Bank | Best Fixed (2Y) | Best Floating | Lock-in | Cashback | Best For |
|---|---|---|---|---|---|
| Maybank | 1.65% | 3M SORA +0.40% | 1-2Y | $2k+ ($1M+) | Private/HDB fixed |
| SCB | 1.68% | 3M SORA +0.50% | 1Y | Priority perks | Flexible floating |
| DBS | 1.75% | 3M SORA +0.50% | 2Y | $2k HDB refi | HDB refi/volume |
| OCBC | 1.65% HDB | 1M SORA +0.65% | 2Y | $2.5k ($1M+) | Salary creditors |
| HSBC | 1.70% | 3M SORA +0.60% | 2Y | Varies | Expats |
Data verified Jan 2026; rates for min $500k loans. Smaller banks like CIMB/RHB match locals on spreads but offer less cashback.[1][3] Compare instantly on Homejourney vs visiting branches.
Actionable Steps: How to Compare and Apply
- Step 1: Visit Homejourney bank-rates, input loan amount/property type for personalized rates.
- Step 2: Use eligibility calculator to check TDSR (max 55% debt-to-income per MAS rules).
- Step 3: Filter by fixed/floating, lock-in <2Y for flexibility.
- Step 4: Apply via Singpass—one form, multiple banks bid (e.g., DBS vs Maybank).
- Step 5: Accept best offer; connect with Homejourney brokers for free guidance.
Pro tip: Time applications post-SORA dips; HDB upgraders save 0.10-0.20% on resale flats via Homejourney's verified comparisons. See our related article: Homejourney: Easy Home Loan Comparison, Application & Timeline .
Pros, Cons, and Who Wins for You
- Maybank/SCB: Lowest rates, short lock-ins; best for aggressive savers.[1]
- DBS: Cashback king for HDB, vast branch network; ideal families.[2]
- OCBC/UOB: Reliable for salary credits, Multiplier perks; locals.[3]
- Foreign banks (HSBC/Citi): Expat-friendly, but higher min loans.
Homejourney levels the field—see real-time bank loan comparison without bias. Disclaimer: Rates fluctuate; consult professionals. Not financial advice.
FAQ: Common Home Loan Comparison Questions
What is the best mortgage rate in Singapore 2026?
Maybank's 1.65% 2Y fixed tops private properties; DBS for HDB refi with rebates. Check Homejourney for updates.[1]
How does Homejourney make comparing home loans easy?
Live rates from 11 banks, Singpass apps, eligibility tools—all in a trusted, secure platform prioritizing your data safety.
Fixed or floating: Which to choose?
Fixed for 2Y stability if rates rise; floating for potential savings if SORA falls. Use our chart and calculator.
Can I compare HDB vs private loans?
Yes, Homejourney segments by type; e.g., promo rates 1.50% for HDB resale.[1]
How long for loan approval?
1-3 weeks via Homejourney multi-bank; Singpass speeds it up. Details in .
Ready to secure the best mortgage rate? Start your safe compare home loans Singapore on Homejourney bank-rates today—link to properties at property search and explore projects at Projects . Trust Homejourney for transparent decisions.
