Why take up a DBS HDB Loan?

Greater savings

Upfront cash reward to ease your cashflow or save on interest payment

Protect against personal accident and sudden loss of income

With 6 months FREE Home Payment Care

Earn about an additional S$600 interest annually

When you have both a Multiplier Account and a DBS home loan

Christmas Exclusive Promotion

Merry Christmas!
From 23 November till 31 December 2020, enjoy special home loan rates from as low as 1.20% p.a.

Click here to learn more!

Super Savers Package

Guaranteed savings of up to 1.10% p.a. on your HDB Housing Loan

Specially designed for you to pay lower interest. At 1.50% p.a. fixed over 5 years, compared to 2.60% p.a. with a HDB Concessionary Loan.

Year 1 - 5: Thereafter :
1.50% p.a. FHR24 + 0.90% p.a.

FHR24 refers to DBS Bank's prevailing 24 months Singapore Dollar fixed deposit rate for amounts between S$1,000 and S$9,999 or such other sum as we may specify. It is currently 0.900% p.a.

This package is valid with minimum amount of S$100,000.

An illustration:
John has a HDB Loan of S$300,000 with 20-year loan period His monthly instalment is S$1,604.

With DBS HDB Loan, he will only pay S$1,448 monthly instalment which means $156 in monthly savings.

Enjoy greater flexibility

In view of the uncertain interest rate outlook, enjoy the flexibility to switch to another loan package after 30 months, free of charge.

This special feature allows you to benefit from the low interest rate environment now and have the flexibility to change to another lower interest rate package should interest rates decline further.

In addition, you will enjoy the flexibility to make prepayment or fully redeem your home loan when you sell your HDB flat, without any penalty

Receive S$2,000 in cash rebates

For minimum loan amount of S$250,000 , you will receive S$2,000 in cash rebates when you refinance with us.

Switch to DBS HDB Loan to get your interest savings today.

Apply Now

Super Cash Reward Package

Specially designed to ease your cashflow concerns during this period. Receive an upfront lump sum cash reward when you refinance your HDB Loan to us, plus other benefits.

Get up to S$10,000 cash rewards

With our Super Cash Reward Package, you will receive cash reward of up to S$10,000 with minimum loan amount of S$200,000.

Loan Amount Cash Rewards
S$200,000 to < S$400,000 S$5,000
S$400,000 to < $600,000 S$8,000
≥S$600,000 S$10,000

Pay less interest

Pay less interest, compared to the HDB Concessionary Loan, between the second and fifth year. Enjoy peace of mind as your interest rate will be fixed for the next 5 years. ​

Year 1 Year 2 - 5: Amount Thereafter :
2.60% p.a. 1.80% p.a. FHR24 + 1.10% p.a.

FHR24 refers to DBS Bank's prevailing 24 months Singapore Dollar fixed deposit rate for amounts between S$1,000 and S$9,999 or such other sum as we may specify. It is currently 0.900% p.a.

Unlike other fixed rate loan, you enjoy the flexibility to make prepayment or fully redeem your home loan when you sell your HDB flat, without any penalty.

Ease your cashflow by refinancing your HDB Loan with us now.

Refinance now

Home Payment Care

All DBS HDB Loan come with a 6-month FREE protection against the sudden loss of income and personal accident.

Coverage details

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

With DBS 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

Specially arranged with Chubb Insurance Singapore Limited, Home Payment Care provides you with 6-month coverage for a new purchase or refinance of a completed HDB flat. Click here for product information.

Enjoy Higher Deposit Interest Rates with Multiplier Account

Unlock higher interest rates on your Multiplier account by taking up a home loan with DBS.

Click here to learn more about the DBS Multiplier account.

Unlock higher interest with DBS Home Loan

Multiply your savings in your DBS Multiplier account when you take up a DBS Home Loan.

Together with S$156 per month savings on your home loan, earn S$3,139* in deposit interest to gain a total of $12,543 extra cash over 5 years.

Click here to learn more about the DBSMultiplier account.

*interest earned is conservatively based on S$50,000 balance throughout the 5 years and excludes the effect of compounding of interest

Read articles pertaining to buying a new home

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For more Articles about home purchase, please click here.

Terms and Conditions

  1. Home Payment Care is underwritten by Chubb Insurance Singapore Limited (“Chubb”) and distributed by DBS Bank Ltd. It is not an obligation of, deposit in or guaranteed by DBS. This is not a contract of insurance. Full details of the terms, conditions and exclusions of the insurance are provided in the product summary and will be sent to you by Chubb upon first release of your housing loan by DBS.

    The coverage is effective from the date of first release of your housing loan and terminates automatically at the end of the 6-month period.

    This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation ("SDIC"). For more information on the scheme, please visit the General Insurance Association or SDIC websites.
  2. Home loan rates are valid for completed residential properties in Singapore, for new purchase or refinancing from HDB.
  3. DBS will have the final decision on all matters regarding the promotion.
  4. DBS may change these terms or suspend/terminate the promotion without giving notice.


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