Home Loans

Mortgage Refinancing Comparison

Compare home loan rates from major banks in Singapore. Find the best refinancing options to reduce your monthly payments and save on interest costs.

Why Refinance?

Benefits of Mortgage Refinancing

Refinancing your home loan can save you thousands of dollars over the loan tenure. Here's why homeowners in Singapore choose to refinance:

Lock in a lower rate to reduce your monthly payments and total interest paid.

Access your home equity for renovations, investments, or other needs.

Switch from floating to fixed rates or adjust your loan tenure.

Combine high-interest debts into a single, lower-interest home loan.

Interest rate stays the same for a fixed period (typically 2-5 years). Provides payment certainty and protection from rate hikes.

Best for: Risk-averse borrowers

Interest rate fluctuates based on market conditions (SORA/SIBOR). Can be lower than fixed but carries more risk.

Best for: Those who can handle volatility

Rate set by the bank internally. More predictable than SORA but may not be as competitive.

Best for: Moderate risk tolerance

Your current fixed rate period is ending and you're moving to a higher rate

New rates are at least 0.5% lower than your current rate

Your remaining loan is large enough for savings to outweigh refinancing costs

You need to access your home equity for other financial needs

Let us compare rates from multiple banks based on your current loan details. We'll show you exactly how much you could save by refinancing.

Explore our other comparison tools to find the best financial products for your needs.