Compare New Home Loan Rates from Multiple Banks In Singapore

Yes. Eligible customers who successfully secure a qualifying home loan through Lendingpot may receive 0.05% cashback, capped at S$5,000.

To qualify:

• The mortgage loan amount must exceed S$500,000.
• The home loan must be successfully completed through Lendingpot with a participating bank.
• Customers must meet the promotion eligibility requirements and fulfil the required redemption steps.

Promotion terms and conditions apply.

Banks commonly request identification documents, proof of income, CPF contribution or account records, your latest Notice of Assessment and details of the property purchase. Additional documents may be required depending on your employment status, residency and the bank’s assessment.

Lendingpot allows you to compare suitable home loan packages from multiple banks through one enquiry. Our mortgage specialists can help you review interest rates, lock-in periods and loan features, saving you the effort of contacting each bank separately.

CPF Ordinary Account savings may be used for eligible property payments, including the down payment and monthly housing loan instalments, subject to CPF withdrawal limits and applicable rules. You may also choose to use a combination of CPF and cash.

The Total Debt Servicing Ratio measures how much of your gross monthly income goes towards all debt repayments, including the proposed home loan. The prevailing TDSR limit is generally 55%, and banks will use it when assessing how much you can afford to borrow.

A fixed-rate home loan provides more predictable repayments during the fixed period. A floating-rate package usually moves with a reference rate such as SORA, so repayments may rise or fall with market conditions. The suitable option depends on your budget, risk preference and interest-rate expectations.

The amount depends on the property value, your income, existing debts, credit profile and applicable Loan-to-Value limit. Bank financing may generally be available for up to 75% of the property value, although a lower limit may apply if you have other property loans or select a longer loan tenure.