Why take a DBS Home Loan?

Lower than HDB

concessionary loan rates

Protection against

sudden loss of income and unfortunate events with Home Payment Care

Earn up to

3.8% p.a. on your savings with DBS Multiplier
No minimum salary, no minimum credit card spend. Multiply your money today!

Apply now

 

A Quick Comparison

  DBS HDB Loan HDB Concessionary Loan
Interest Rates

2.2% p.a.

2.6% p.a.
Prevailing CPF rate of 2.5% + 0.1% p.a.
Maximum Loan Amount
(For OTP dated 6 July 2018 and after)
Up to 75%
of purchase price or market value, whichever is lower
Up to 90%
of purchase price or market value, whichever is lower
Downpayment 25%
of purchase price or market value, whichever is lower
10%
of purchase price or market value, whichever is lower
CPF & Cash Upfront 20% CPF + minimum 5% cash payment 10% CPF + no minimum cash payment

Fixed Deposit Home Rate 8 (FHR8) refers to the prevailing 8 months Singapore dollar fixed deposit interest rate of DBS Bank for amounts within S$1,000 to S$9,999 or such other sum as we may specify. It is currently 0.950% p.a. The FHR8 is transparent and less volatile compared to market benchmark rate such as the SIBOR.

 

Interest Rates

DBS HDB Loan

Apply for a DBS Home Loan online, anytime, anywhere. Enjoy this new experience and you could fix your monthly repayment and be protected against sudden loss of income and the unfortunate events!

This is only valid for completed HDB flats in Singapore with minimum loan amount of S$100,000.

2 Year Fixed Rate Package (Online Exclusive)

Year 1: Year 2: Year 3:
2.05% p.a. 2.05% p.a. FHR8 + 1.10% p.a.
Thereafter
FHR8 + 1.10% p.a.

Floating Rate Package With 1-Year Lock-in

Year 1: Year 2: Year 3:
FHR8 + 1.13% p.a. FHR8 + 1.13% p.a. FHR8 + 1.13% p.a.
Thereafter:
FHR8 + 1.13% p.a.

5-Year Fixed Rate Package

Year 1: Year 2: Year 3:
2.20% p.a. 2.20% p.a. 2.20% p.a.
Year 4: Year 5: Thereafter:
2.20% p.a. 2.20% p.a. FHR8 + 1.25% p.a.

Learn more

To view other home loan packages available, click here.


Protection against sudden loss of income and unfortunate events

A home loan requires monthly repayment, and you could lose your repayment ability during a sudden loss of income or an unfortunate event.

With POSB HDB Loan, you enjoy Home Payment Care which helps you pay for your home loan repayments and receive other pay out as follows:

Event Benefit Amount
Involuntary loss of employment Up to 3 monthly home loan repayments, capped at S$2,500 per month

Continuously unemployed for at least 60 calendar days. No claim within the first 30 calendar days of loan disbursement.
Accidental Death Benefit Up to S$30,000
Accidental Permanent Disability Benefit Up to S$30,000
 

5 Simple Steps to your Dream Home

 

Download our detailed step-by-step guide to getting your dream home.

Download PDF Resale Flat
Download PDF BTO Flat
 

Some Handy Tips and Tools

Mortgage Affordability Calculator

Find the maximum home loan amount you can borrow.

Calculate

Home Loan Interest Savings Calculator

Compare a DBS HDB Loan with a HDB Concessionary Loan.

Calculate

 

How to apply

This will take about 10 minutes. Click here for a list of documents you will need. If you do not have all the documents, you could always upload them later.

This will take about 10 minutes. Click here for a list of documents you will need. If you do not have all the documents, you could always upload them later.



If you have an existing DBS/POSB account, you will need the last 4 digits of your ATM/Debit Card and PIN before you begin.


If you wish to review your existing home loan with us, please click here.


You are
 
Temporary Occupation Permit (TOP) Date refers to the time when construction is completed and a property is ready to be occupied.

Information on TOP date is available on HDB website
Your property type is
The purchase will be made:
Your current loan is:
You are looking to:


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