How to Use Homejourney Bank Rate Comparison: 2026 Guide
Homejourney Bank Rate Comparison lets you instantly compare home loan rates from DBS, OCBC, UOB, HSBC, Standard Chartered, Maybank, and more major Singapore banks in one secure platform.
At Homejourney, user safety and trust are our top priorities. This mortgage comparison service verifies real-time rates, calculates your eligibility, and allows a single loan application to receive multiple bank offers. Perfect for first-time HDB buyers or investors eyeing condos in areas like Punggol or Orchard.
Why Use Homejourney for Bank Rate Comparison?
Singapore's property market demands sharp financing decisions under TDSR rules from MAS. Homejourney simplifies this by aggregating live rates from all key banks, showing effective SORA spreads, fixed rates, and lock-in periods side-by-side.
Unlike manual checks on individual bank sites, our tool updates in real-time and factors in your profile for personalized best loan offer recommendations. First-time buyers upgrading from HDB to private properties can compare bank offers while ensuring compliance with HDB's loan-to-value limits.
This cluster focuses on tactical steps for using the tool, linking back to our pillar guide on Singapore Home Loans: Complete 2026 Guide for broader strategy.
Step-by-Step: How to Use Homejourney Bank Rate Comparison
Access the tool at https://www.homejourney.sg/bank-rates. Here's your actionable guide:
- Enter Your Details Securely: Use Singpass for auto-fill. Input income, debts, property price (e.g., S$800,000 for a 4-room HDB resale), and downpayment. TDSR calculator instantly shows borrowing power.
- View Side-by-Side Comparison: See rates from DBS (e.g., 3.5% SORA + 0.5% spread), OCBC, UOB. Filter by fixed vs floating, lock-in (2-3 years typical).
- Customize Filters: Sort by lowest effective rate, best for refinancing, or HDB-specific packages. Spot the best loan offer based on your needs.
- Calculate Affordability: Use the integrated mortgage calculator at https://www.homejourney.sg/bank-rates#calculator for monthly repayments.
- Submit Single Application: One click sends your details to multiple banks. Receive competing offers without multiple forms.
Pro tip: For Punggol BTO applicants, compare HDB loans vs bank options here—banks often beat HDB's 2.6% rate post-lock-in.
Understanding Key Rates on Homejourney
SORA (Singapore Overnight Rate Average) is the MAS benchmark for most floating loans, averaging 3.0-3.2% in early 2026. Fixed rates from HSBC or Standard Chartered offer stability at 3.8-4.2% for 2 years.
DBS leads for low spreads (0.4%), OCBC for flexible refinancing, UOB for investors. Homejourney shows effective rates including fees, helping you pick winners.
The chart below shows recent interest rate trends in Singapore:
SORA has stabilized post-2025 peaks, favoring fixed-to-floating switches. Always verify with Homejourney Bank Rate Comparison for live data.
Get Multiple Bank Offers with One Application
Homejourney's standout feature: Submit once, let banks compete. Connects to DBS, OCBC, UOB, HSBC, Maybank, CIMB, RHB, Public Bank, Hong Leong, Citibank.
Expect offers within 24-48 hours. Users report 0.2-0.5% better rates via competition. Read our guide: Get Multiple Bank Offers with One Application: Homejourney Guide .
Singpass integration cuts paperwork—auto-fills NRIC, income from CPF. Ideal for HDB upgraders or Toa Payoh condo investors.
Tips for First-Time Buyers and Refinancers
- Time Your Lock-In: With SORA steady, lock fixed rates if expecting hikes (check chart).
- Factor Penalties: 1.5% typical for early break; compare on Homejourney.
- Refinance Smartly: Save S$5,000+ yearly on S$1M loan by switching post-lock-in.
- Pair with Property Search: Filter homes at https://www.homejourney.sg/search matching your loan eligibility.
- Broker Support: Apply via Homejourney to connect with our mortgage brokers for free advice.
Disclaimer: Rates fluctuate; this is not financial advice. Consult professionals for personalized plans. Data from MAS and bank disclosures as of Feb 2026.
Homejourney: Your Safe Mortgage Partner
Our verified rates and secure Singpass process prioritize your safety. Track real-time SORA, get alerts on rate drops. Learn more in .
Post-loan, explore Projects Directory for investments or Aircon Services for new home setup.
FAQ: How to Use Homejourney Bank Rate Comparison
Q: How accurate are Homejourney's bank rates?
A: Updated real-time from partner banks like DBS and UOB, verified daily for trustworthiness.
Q: Can I apply to all banks at once?
A: Yes, one single loan application triggers multiple bank offers. Faster via Singpass.
Q: Is it free to compare and apply?
A: Completely free—no hidden fees. Homejourney earns via partnerships, keeping it user-first.
Q: Best for HDB or private properties?
A: Both. Tailored packages for resale HDB (e.g., S$500K) or condos (S$1.5M+).
Q: What if rates change after applying?
A: Lock-in quotes valid 30-60 days. Recheck on Homejourney Bank Rate Comparison.
Ready for the best loan offer? Start at https://www.homejourney.sg/bank-rates. For full Singapore home loan insights, return to our pillar guide.
