Lowest Home Loan Rates, In The Top 10 Banks
The lowest rates include secret and deviated rates; we're not allowed to expose which banks in public domain, contact us for more details and get further reductions by increasing tiers. (e.g 470k loan -> 500k rates)
Fixed Rates
floating rate
| 300,000 | 2.85% | 2.9% |
| 500,000 | 2.8% | 2.8% |
| 700,000 | 2.7% | 2.75% |
| 1,000,000 | 2.65% | 2.7% |
SORA: 3.1 | 1M SORA : 3.4Â | 3M SORA : 3.5
Updated 20/09/2024
Our Services
We are your mortgage partners, for every step of your home ownership journey.
New Loan Application
- Calculate your maximum loan
- Calculate your budget
- Calculate your monthly instalment
- Structure your purchase well
- Get the best rates
Refinance Mortgage
- Avoid thereafter rates
- Restructure your mortgage
- Free desktop valuation
- Choose the right rate type
- Get the best rates
Selling Your Property
- Avoid expensive exit fees
- Get a property valuation
- Calculate re-entry
- Structure to exit
- Get the best lawfirm
Choose the right type of rates!
Q1, 2024 [Summary of Economic Projections]
Every quarter Ethan; the economist of unbeatable would have a webinar with a multi million fund manager to talk about the interest rate environment.
Based on the FOMC Projections and incoming market data, we will be able to help our clients make a more informed decision on which types of interest rates to consider.
We go to great lengths to help you decide what is the best rate type to consider when it comes to picking fixed or floating rates.
(not to be taken as financial advice; get in touch for your highly personalized free consultation.)
Our Reviews
Why Us?
We have a diverse experience of more than 200 million dollars worth of home loans across a wide network of banks in Singapore, and have developed a framework to consistently help our clients save thousands, every step of the way. With an unrivalled data-driven interest rate research, are one of the best people to get you the lowest rates in the market. Plus, our service is free.
Get the best deals
Get access to bank rates across all reputable banks in Singapore; by simply connecting with us.
$200Mil Framework
Equipped with the best experience, knowledge and connections to get you the best deal in the market, all the time!
Zero Costs
We charge zero; we get a standard referral fee from the receiving bank. We save you the hassle, money, and time.
Frequently Asked Questions
A home loan, or a mortgage, is a loan that's taken up to help you purchase a residential property in Singapore. Banks offer either fixed or floating rates for you and you can borrow up to 75% of the property valuation. The home loan is the only loan, you'd be able to repay with your CPF-OA.
Because your home loan is pegged to your residential property, and that it can be repaid by your CPF-OA, your home loan is typically the cheapest rate of borrowing for any loans in Singapore.
Before shopping for a property, it is important for you to understand how much you can borrow.
Your home loan is largely based on your income, your monthly debt obligations and your age.Â
By reaching out to us, you'd be able to know, your maximum loan, your down payment required as well as your monthly instalments for your mortgage.Â
Mortgage rates are cheap becauseÂ
- It is a loan that is tagged to your property
- It is the only loan that can be repaid using your CPF-OA
- It has a long borrowing duration and very low default ratesÂ
To get a home loan in Singapore, you will need to pay for the legal and valuation fees; Your legal and valuation fees vary depending on the type of property as well as the size of your property.Â
As a rough guide, not to be taken for our quotations,
New Purchase
legal fees are about $2500-$3000 (before GST),
Valuations are about 350-700, depending on property price.
Refinancing
Legal fees are about $1800-2500 (before GST)
Valuations are about $350-700 depending on property price.
A mortgage advisor is a professional that helps you get a home loan and refinance your mortgages.
A good mortgage broker have a deep understanding of bank and government regulations, to help you avoid fees by understanding when you are looking to sell your property.
Advises you on what rates and terms are favorable in the current market environment based on your current constraints.
Engaging a mortgage advisor saves you time and money.
In Singapore, the mortgage advisors are renumerated by referral fees to the bank as a third party. Banks either pay the bankers or mortgage brokers for a successful case.Â
Difference is, a mortgage broker has access to all the banks in Singapore and does not take a salary from the bank; being able to recommend the rates that are most beneficial to you.
Bankers are renumerated by the profit the banks make, whereas the mortgage broker gets a flat fee, which means the priority is the lowest rate.
The Lender (the bank)
The bank usually pays the mortgage broker or advisor a standard fee; a small percentage of the loan size as compensation for bringing the client to the bank. The mortgage advisors do not get a basic salary from the lender
If interest rates are higher than the CPF Rates it might be worth entertaining that thought.
Especially if you're close to 55 years old.
After 55 year old your CPF becomes a megabank. You'll be able to withdraw your CPF to make a voluntary housing refund, this is exceptionally useful when gearing up for portfolio allocation
A small country like Singapore, we are very clearly price takers. And there has been a 90+% correlation between SORA and EFFR based on our 19 year data study from 2005-2024
It helps that the US Federal Reserve release economic projections
Do keep in mind, that the economic projection is the current plan and plans do change.
| 300,000 | 2.85% | 2.9% |
| 500,000 | 2.8% | 2.8% |
| 700,000 | 2.7% | 2.75% |
| 1,000,000 | 2.65% | 2.7% |
SORA: 3.1 | 1M SORA : 3.4Â | 3M SORA : 3.5
Updated 20/09/2024
| 300,000 | +0.6% | +0.6% |
| 500,000 | +0.6% | +0.55% |
| 800,000 | +0.6% | +0.5% |
| 1,000,000 | +0.5% | +0.5% |
SORA: 3.4844 | 1M SORA : 3.6225Â | 3M SORA : 3.6548
Updated 1/2/2024