Which Home Loan Costs Least?

Our Method

How This Comparison Works

We work out monthly repayments on a reducing balance over the loan tenure you pick. At the start of each year, we reset the repayment using that year’s rate and the balance left. SORA is the benchmark rate that floating home loans follow. For SORA-linked packages, we add the bank’s published spread for each year to the 3M or 1M Compounded SORA rate you enter, whichever matches the bank’s benchmark. Citibank’s two-year fixed packages switch to 1M SORA plus the published spread in year 3. Fixed packages use their published rate for each year. Hong Leong Finance’s year-3 board-linked rate is held at today’s level. The ranking uses total interest over 36 months, not repayments or principal. Fixed rates stay fixed. The floating-rate change you enter affects floating rates only.

Only products we checked in the last 30 days can rank. Expired offers are left out. Paid links never change the order. We compare a selection of products, not every product on the market.

Assumes the full loan has been paid out. The 3M and 1M SORA fields are your own estimates, not live rates or forecasts; they start at MAS’s published 3M (1.23%) and 1M (1.29%) Compounded SORA for 9 October 2026. Check the current rates on MAS. The DBS CPF-OA-pegged package moves with the CPF OA rate and uses the rate-change scenario. Excludes legal/valuation fees, subsidies, insurance, relationship balances, offset-account effects, clawbacks and early-redemption penalties. Bank of China’s cited product is for private residential property, not HDB flats. Rates and minimums are a rough guide, not an offer or a check on what you can afford. Check loan eligibility and lock-in terms separately.

Spot an error? Tell us on the contact form. Are you one of these providers? Send a provider reply or correction. We check the official source before we change anything.