How to Use Homejourney Bank Rate Comparison: 2026 Guide

To use Homejourney Bank Rate Comparison, visit https://www.homejourney.sg/bank-rates, select your loan type, compare real-time rates from DBS, OCBC, UOB, HSBC and more, then apply via Singpass for multi-bank offers in minutes.

Homejourney prioritizes your safety with Singpass-verified data and transparent comparisons, helping first-time HDB buyers in Toa Payoh or condo investors in Orchard secure the best rates without scams or hidden fees.

Why Homejourney Bank Rate Comparison Stands Out in Singapore

Homejourney's tool aggregates live rates from all major banks like DBS, OCBC, UOB, HSBC, Standard Chartered, Maybank, CIMB, RHB, Public Bank, Hong Leong, and Citibank, updated daily from official sources. Unlike manual checks, it shows effective rates including spreads over SORA (Singapore Overnight Rate Average), lock-in periods, and penalties side-by-side.

For HDB upgraders from a 4-room flat valued at S$400K to an executive condo, this saves hours—users report finding 0.2-0.5% lower rates, equating to S$20K-S$50K savings over 25 years on an S$800K loan. Homejourney verifies all data for trust, aligning with our commitment to user safety and transparency.

This cluster focuses on tactical steps for rate comparison and Singpass mortgage application, linking back to our pillar guide on Singapore home financing for full coverage.

Step-by-Step: How to Use Homejourney Bank Rate Comparison

Follow these actionable steps to compare and apply for home loans securely.

1. Access the Tool: Go to https://www.homejourney.sg/bank-rates. No sign-up needed initially—rates load instantly.
2. Filter Your Needs: Select HDB/ private property, loan amount (e.g., S$500K), tenure (25 years), and rate type (SORA, fixed, board). See DBS's 2.5% fixed 2-year vs. OCBC's SORA Pibor +0.7%.
3. Compare Key Metrics: Review effective interest rates, fees, and MSR/TDSR compliance. HDB buyers note MSR caps at 30% of income; private at TDSR 60%.
4. Calculate Eligibility: Use the built-in calculator at https://www.homejourney.sg/bank-rates#calculator—input income, CPF, debts for borrowing power. See How to Use Homejourney Mortgage Calculator: Complete 2026 Guide.
5. Apply via Singpass: Click 'Apply Now' for digital loan application. Singpass auto-fills via MyInfo (NRIC, income, CPF)—90% fewer errors, 24-48 hour pre-approvals vs. 2-4 weeks traditional. Learn more in Homejourney Guide: Apply Home Loan via Singpass Step-by-Step.

Pro tip: For Toa Payoh HDB resale (avg S$550K), compare UOB's low fees with HSBC's long fixed options—Homejourney shows winner instantly.

Understanding SORA and Current 2026 Rates

SORA is Singapore's key benchmark, replacing SOR/SIBOR. As of January 2026, 3M SORA averages 3.0-3.2%, per MAS data—fixed rates from DBS/OCBC at 2.8-3.5% appeal amid volatility.

The chart below shows recent interest rate trends in Singapore:

SORA dipped post-2025 peak but stabilized; use this to time fixed-rate locks. Homejourney tracks live 3M/6M SORA—pair with Projects Directory ">Projects Directory for project affordability.

Quick Bank Rate Snapshot (Jan 2026)

• DBS: SORA +0.65% (eff. 3.25%), 2-yr fixed 2.98%
• OCBC: SORA Pibor +0.70% (eff. 3.30%), strong for HDB
• UOB: Board -1.50% (eff. 3.10%), low penalties
• HSBC: Fixed 3-yr 3.20%, investor favorite
• Standard Chartered: SORA +0.80% (eff. 3.40%)

Rates exclude promos; always verify on Homejourney for latest. Disclaimer: Not financial advice—consult Homejourney Mortgage Brokers.

Master Singpass Mortgage Application on Homejourney

Singpass loan apply via MyInfo revolutionizes apply home loan Singpass. Steps: Login with Singpass at bank-rates page, consent to MyInfo pull (income/CPF auto-fills), submit—banks compete with offers.

Benefits: Skip branches (see Skip Branch Queues: Apply for Home Loans Online), multi-bank in one go (Benefits of Multi-Bank Application). For Orchard condo (S$2M), one user got UOB/HSBC bids, saving 0.3%.

Multi-Bank Magic: One Application, Multiple Offers

Submit once—DBS, OCBC, UOB et al. bid. Ideal for refinancing post-TDSR (e.g., S$400K HDB to S$1M condo). Track via dashboard; brokers assist free.

Pro Tips for Singapore Buyers & Investors

• Check weekly: Rates shift post-SORA reset (month-end)—insider tip for lowest quotes.
• HDB: Confirm MSR via calculator before Toa Payoh resale hunts on Property Search ">Property Search .
• Refinance: If rates drop 0.5%, save S$100+/month—use tool + brokers.
• Post-purchase: Book aircon via Aircon Services ">Aircon Services for new home setup.
• ABSD alert: Investors, factor 17% on second property.

Homejourney ensures safe, verified paths—user feedback drives updates like faster Singpass flows.

FAQ: How to Use Homejourney Bank Rate Comparison

How do I apply home loan Singpass on Homejourney?
Login with Singpass at https://www.homejourney.sg/bank-rates, select banks, MyInfo auto-fills—get offers in 24-48 hours. Details in Step by Step Singpass Loan Application Guide.

What is the best bank rate today?
Rates vary; DBS/OCBC lead SORA at ~3.2% eff. Check live on Homejourney—includes promos not on bank sites.

Can I compare for refinancing?
Yes, input current loan details in calculator for savings projection. Multi-bank bids optimize.

Is Singpass mortgage application safe?
100%—Singpass-verified, MyInfo encrypted. Homejourney vets all for scam-free experience.

How accurate are Homejourney rates?
Pulled real-time from banks/MAS, updated daily. For HDB MSR/TDSR, pairs with official calcs.

Ready to save? Visit Homejourney Bank Rate Comparison now, apply via Singpass, and explore properties at https://www.homejourney.sg/search. Link to our pillar: Complete Singapore Home Loan Guide for more.