Home Loans & Housing Loans in Singapore

Buying an HDB flat, condominium, landed home or new-launch property? LoanSupermart helps you compare suitable bank home loans and understand the rates, fees and conditions before you apply.

Whether this is your first property or your next home, start with a loan that fits your budget and purchase timeline. Our home loan comparison service is free to customers and carries no obligation. Your chosen lender decides approval, the loan amount and final terms.

Request a free home loan comparison · Estimate your monthly repayment

Find a housing loan for the property you are buying

Bank home loans for HDB flats

Eligible HDB buyers can consider an HDB housing loan or financing from a financial institution. Compare the interest structure, downpayment, repayment flexibility and eligibility. Obtain the required HDB Flat Eligibility (HFE) letter at the relevant stage of your purchase.

If you finance the flat with a bank loan, you cannot later refinance that loan with HDB. Check the implications before choosing your financing route.

Private property loans for condos and landed homes

Compare packages for your purchase price, valuation, loan amount and intended tenure. Existing housing loans, your age and other financial commitments can affect the amount you can borrow. An early bank assessment can help you plan before committing to a purchase.

New-launch and building-under-construction loans

For a building under construction (BUC), ask how progressive loan disbursements affect repayments, which packages are available and when the lock-in starts. Coordinate financing with the developer’s payment schedule and your solicitor.

How to compare home loan interest rates

The lowest advertised first-year rate is not necessarily the lowest-cost housing loan. Compare written offers using the same loan amount, tenure and expected holding period.

• Rate structure: fixed or floating, the initial period and later-year pricing.
• Lock-in: how long it lasts and the charges for early repayment, refinancing or selling.
• Fees: legal, valuation, cancellation and administrative charges where applicable.
• Subsidies: eligibility, payment conditions and possible clawbacks.
• Flexibility: partial repayments, conversion options and notice requirements.
• Affordability: whether repayments remain manageable if interest rates rise or income changes.

Ask LoanSupermart for a current personalised comparison. Rates and promotions change, and available offers depend on the property, loan size and borrower profile.

Fixed or floating home loan?

For a SORA-linked mortgage, understand the compounded SORA benchmark and the bank’s spread. Both fixed and floating packages may carry early-repayment restrictions.

How much can you borrow for a home purchase?

Your approved housing loan depends on income, debts, credit profile, age, tenure, property value and applicable lending rules. Regulatory limits are ceilings, not guaranteed offers.

Your lender will assess the relevant loan-to-value (LTV) limit, Total Debt Servicing Ratio (TDSR) and, where applicable, Mortgage Servicing Ratio (MSR). Budget separately for downpayment, stamp duties, legal fees and any purchase price above valuation. CPF Ordinary Account savings may be used for eligible housing payments subject to CPF rules.

Use our home loan repayment calculators to explore different loan amounts, tenures and interest rates. An estimate does not establish eligibility or cover every purchase cost. For HDB financing, check HDB’s guidance on financial-institution housing loans.

Apply for a new home loan in four steps

1. Plan your budget. Estimate your cash, eligible CPF funds, purchase costs and comfortable monthly repayment.
2. Request an early assessment. Ask about an In-Principle Approval (IPA), also called AIP, and the applicable HFE requirements for an HDB purchase.
3. Compare suitable offers. Review rates, the property loan fact sheet, lock-in, fees and repayment flexibility.
4. Complete your application. Supply the requested documents and coordinate valuation, final approval and legal completion with the lender and solicitor.

Common documents include identification, income evidence, CPF contribution information where relevant, existing debt details and purchase documents when available. Requirements differ for salaried, self-employed and variable-income applicants.

Home and housing loan FAQs

Are home loans and housing loans different?

For a residential purchase, these terms generally refer to the same kind of property-secured financing. Compare the lender’s actual terms rather than the name.

Should I get an IPA before buying?

An early assessment helps you understand an indicative borrowing range and identify financing issues. It is preliminary, not final approval; the lender still needs to assess the complete application and property.

Does LoanSupermart provide or approve the loan?

No. We help compare suitable bank packages and explain the application process. The lender provides the loan and makes the approval decision.

What if I already have a mortgage?

If you want to switch the loan on your existing property, visit our home loan refinancing page. If you are buying another property, tell us about your existing housing loans because they can affect your financing options.

General information, not a loan offer or personalised financial advice. Rules, rates and lender terms can change. Your property secures the loan; missed repayments can put it at risk. Confirm eligibility and terms with HDB or your lender before committing.

Further guidance: MoneySense: how home loans work · HDB: bank housing loans. Editorial review: 25 October 2026.