How to Use Homejourney Bank Rate Comparison: 2026 Guide
Homejourney Bank Rate Comparison is your one-stop tool to instantly compare home loan rates from DBS, OCBC, UOB, HSBC, Standard Chartered, Maybank, CIMB, RHB, Public Bank, Hong Leong Bank, and Citibank—all in one secure platform.[1][4]
This feature helps Singapore property buyers and investors assess borrowing capacity TDSR, check eligibility limits, and apply to multiple banks simultaneously using Singpass for faster approvals, prioritizing user safety and transparency.[1][2]
Why Use Homejourney Bank Rate Comparison?
In Singapore's competitive property market, securing the best home loan rate can save thousands over 25-30 years. Homejourney verifies all rates in real-time, eliminating outdated info from bank sites.[1]
First-time HDB buyers in Punggol or Tengah can input a S$500,000 4-room flat price and see TDSR-compliant options instantly. Investors eyeing Orchard condos (S$2M+) compare SORA spreads across banks without visiting branches.[4]
Unlike manual checks, Homejourney's tool factors in MAS rules: TDSR at 55% debt servicing ratio, MSR at 30% for HDB, and age-adjusted tenures (up to 75 years old).[1][3]
- Real-time rates from 11 major banks
- TDSR calculator, MSR calculator, debt ratio calculator built-in
- Multi-bank applications via one Singpass login
- Verified data for scam-free decisions[2]
This connects to our pillar guide on How to Use Homejourney Mortgage Calculator: 2026 Guide (How to Use Homejourney Mortgage Calculator: 2026 Guide ) for full affordability planning.
Step-by-Step: How to Use Homejourney Bank Rate Comparison
Visit https://www.homejourney.sg/bank-rates to start. No sign-up needed for basic comparisons, but Singpass login unlocks personalized eligibility checks.[1][4]
- Enter Your Details: Input monthly income (e.g., S$8,000 household), existing debts, age, and property price. Tool auto-calculates borrowing capacity TDSR under 55% limit.[4]
- Select Property Type: HDB (5-25% downpayment), private resale/condo (25% down), or new launch. HDB upgraders note MSR caps at 30% income.[1]
- Choose Loan Tenure: 20-30 years; max age 75 at end. See eligibility limits instantly.
- Compare Rates: View side-by-side: DBS SORA P+0.2% (est. 3.1% EIR), OCBC fixed 2.8% 2-year lock-in, UOB board -0.5%.[4]
- Run Calculators: TDSR calculator shows max loan (e.g., S$1.2M on S$10K income), MSR for HDB, debt ratio projections.
- Apply Now: One-click multi-bank submission. Banks compete with offers.[4]
Pro tip: For Sengkang BTO applicants, factor CPF housing grants—Homejourney auto-includes them for accurate eligibility limits.
Understanding Key Calculators in Homejourney
Homejourney integrates MAS-compliant tools for precise assessments. TDSR calculator ensures total debt (loans, credit cards) stays under 55% of gross income.[1]
Example: S$6,000 salary, S$800 car loan = max S$3,000 housing commitment. MSR calculator limits HDB loans to 30% income, ideal for first-timers.
Debt ratio calculator forecasts post-loan scenarios, including stress tests at SORA+3%.
The chart below shows recent interest rate trends in Singapore:
As seen, 3M SORA hovered at 3.0-3.2% in late 2025, influencing floating rates. Fixed options from HSBC shine in rising trends.[1][4]
Bank Highlights: Quick Comparison via Homejourney
Homejourney pulls live data from partners:
- DBS: Strong SORA (P-0.3%), best for HDB; 48-hour approvals.
- OCBC: Fixed rates 2.75% (3-yr lock-in); investor favorite.
- UOB: Flexible repricing, low fees for refinancers.
- HSBC/Standard Chartered: Expat-friendly, competitive for condos.
- Maybank/CIMB/RHB: Promo rates under 2.9% EIR for new loans.
Switch to https://www.homejourney.sg/bank-rates#calculator for custom views. See Projects Directory (Projects Directory ) for budget-matched launches.[1]
Read TDSR & MSR Calculator: Check Singapore Loan Limits | Homejourney (TDSR & MSR Calculator: Check Singapore Loan Limits | Homejourney ) for deeper examples.
Multi-Bank Applications: Let Banks Compete
Submit once via Singpass—docs auto-filled (NRIC, payslips, Option to Purchase). Receive offers from all 11 banks in 24-48 hours.[3][4]
Homejourney Mortgage Brokers review bids, negotiating better terms. No fees, full transparency—user feedback shapes improvements.[2]
Post-approval, search properties at https://www.homejourney.sg/search. For maintenance, book aircon services (Aircon Services ).[1]
FAQ: How to Use Homejourney Bank Rate Comparison
How accurate is the TDSR calculator?
MAS-compliant, uses verified income/debt data. Always consult banks for final approval.[1]
Can I compare refinancing rates?
Yes, input current loan details. Check Best Bank Refinancing Rates Comparison 2026 | Homejourney (Best Bank Refinancing Rates Comparison 2026 | Homejourney ).[4]
What if rates change after comparison?
Real-time updates; lock-in offers valid 1-2 weeks.[1]
Is Singpass mandatory?
For applications yes, but comparisons are anonymous.[3]
Best for HDB vs Condo?
Tool auto-adjusts; HDB shows MSR, private shows full TDSR.[4]
Disclaimer: Homejourney provides tools for education; not financial advice. Verify with licensed advisors. Rates as of Feb 2026.[1][2]
Ready to compare? Head to Homejourney Bank Rate Comparison now and find budget-fit homes at Property Search. Link back to pillar: How to Use Homejourney Mortgage Calculator for complete guidance.
