UOB vs DBS Mortgage Comparison: Which Bank Offers Better Rates and Fees?
When choosing between UOB and DBS for your home loan in Singapore, the decision comes down to comparing current interest rates, loan structures, and which bank's offerings align with your financial situation. Based on December 2025 data, DBS currently offers more competitive fixed rates for most property types, while UOB provides flexible options that may suit specific borrower profiles. This guide breaks down the key differences to help you make an informed decision.
Current Mortgage Rates: DBS vs UOB (December 2025)
Understanding the current rate landscape is essential for comparing these two major banks. Both DBS and UOB offer fixed-rate and floating-rate mortgages, but their competitiveness varies by property type and loan structure.
DBS Mortgage Rates
Fixed Rate Options: DBS offers 2-year fixed rates starting from 1.65% to 1.75% for resale HDB flats and private properties, with 3-year fixed rates at 1.70%. For Build-to-Order (BTO) and Build-Up Condo (BUC) properties, DBS provides competitive rates with flexible drawdown structures that suit progressive financing needs.
Floating Rate Options: DBS offers two distinct floating-rate structures. The 3-month SORA-pegged option includes a 0.50% spread (totaling approximately 0.63% effective rate based on current SORA levels), while DBS's proprietary FHR6 (6-month fixed deposit rate) option provides an alternative for borrowers seeking different rate mechanics. This dual-option approach gives DBS an edge in flexibility.
UOB Mortgage Rates
Fixed Rate Options: UOB offers 3-year fixed packages, though specific rates require direct inquiry as they vary based on loan amount and property type. UOB's fixed-rate offerings are competitive for borrowers seeking longer lock-in periods.
Floating Rate Options: UOB provides SORA-pegged floating rates with competitive spreads. The bank's floating options are particularly attractive for borrowers who believe interest rates may decline or who prefer flexibility in their mortgage structure.
To compare real-time rates from both banks instantly, use Homejourney's Bank Rates feature, which displays current offerings from DBS, UOB, and all major Singapore banks in one place.
Loan Products: What Each Bank Offers
DBS Home Loan Products
DBS offers comprehensive mortgage solutions across all Singapore property types:
- HDB Resale Loans: Bank loans with rates significantly lower than HDB's 2.6% p.a., typically ranging from 1.00% to 1.40% p.a.
- BTO/BUC Loans: Progressive drawdown structures aligned with construction timelines, with rates as low as 0.28% + 1M SORA for Year 1-4
- Private Property Loans: Both fixed and floating options with financing up to 80% for eligible borrowers
- Executive Condominium Loans: Specialized packages for EC properties
- Refinancing Options: Competitive rates for existing borrowers looking to switch
UOB Home Loan Products
UOB provides a full range of mortgage products with emphasis on customer flexibility:
- HDB Financing: Competitive rates for resale and new HDB purchases
- Private Property Loans: Fixed and floating options with various lock-in periods
- Refinancing Solutions: Attractive rates for borrowers switching from other banks
- Flexible Repayment Options: UOB emphasizes customizable loan structures
Key Differences: DBS vs UOB
| Factor | DBS | UOB |
|---|---|---|
| Current Fixed Rates | 1.65%-1.75% (2-year); 1.70% (3-year) | Competitive 3-year fixed available; rates vary |
| Floating Rate Structure | 3M SORA +0.50% OR FHR6 option | SORA-pegged with competitive spreads |
| BTC/BUC Rates | Highly competitive; 0.28% + 1M SORA Year 1-4 | Available; requires direct inquiry |
| Unique Feature | FHR6 fixed deposit rate option; strong funding base | Flexible repayment structures; customer-centric approach |
| Processing Speed | Fast approval for eligible borrowers | Competitive processing timeline |
Which Bank is Better for Different Scenarios?
Choose DBS If You Want:
- The lowest fixed rates: DBS's 2-year fixed rates of 1.65%-1.75% are among Singapore's most competitive
- BTC/BUC financing: DBS offers exceptional rates for progressive drawdown structures, with Year 1-4 rates starting from 0.28% + 1M SORA
- Rate flexibility: The FHR6 option provides an alternative to standard SORA-pegged loans, giving you different rate mechanics to choose from
- Larger loan amounts: DBS's dominant position with Singapore dollar funding enables competitive rates on loans above S$1-2 million
- HDB financing: Bank rates significantly lower than HDB's 2.6% p.a. option
Choose UOB If You Want:
- Flexible repayment options: UOB emphasizes customizable loan structures tailored to your financial situation
- Personalized service: UOB's customer-centric approach may offer more personalized mortgage solutions
- Competitive floating rates: If you believe interest rates will decline, UOB's SORA-pegged options with competitive spreads are attractive
