Interest Rate


Monthly Repayment


1. I want to borrow
2. For how long
3. Other Products
  • Variety of IBR and SIBOR Packages
  • Low minimum loan amount
Terms and Condition: 
  • Minimum loan amount : S$ 300,000
  • Loan Tenure : Maximum of 30 yrs
  • Suitable for Completed/ Uncompleted Private, HDB home and Refinancing
  • Early Settlement Penalty only applies for partial or full prepayment during first 3 years
  • Is OCBC Home Loan Right For You?

    OCBC Fixed Deposit Mortgage Rate

    OCBC FDMR is a mortgage rate that is pegged to the Fixed Deposit interest rate that the bank offers. While SIBOR rates are fully transparent and are not internally determined by a bank, and board rates can be adjusted solely at the discretion of a bank, fixed deposit mortgage rates lie somewhere in the middle.

    Highest was 0.925% from 8 Nov 2005 to 8 Mar 2009. It is 0.65% since 1 Nov 2011. 1-time free repricing if FDMR increases. Partial payment is allowed at 50% of original loan within first 3 years.

    OCBC Internal Board Rate Packages

    OCBC offers both fixed rate and a variety of floating rate packages to cater people with different needs. There are two internal board rate packages whereby the package without lock-in period is mainly suitable for short term investors.

    Whereas, the Internal board rate package with lock-in period is much suitable for those who would want to benefit from a lower interest rate but looking forward to sell after 3 years.

    OCBC Floating Sibor Rate Packages

    OCBC also offers two floating rate packages pegged to 3Months Sibor. There is an advantage of choosing any of these two packages as there is an option to fix the monthly payment for the first two years. This is to cater those with a fixed lower income/budget.

    The 3months Sibor, Package 2 offers 0.05% lower premium rates compared to package 1. Buyers have to consider the 2 year lock in period tie before purchasing.

    Package 1 is to favor those who would be looking to benefit from the future low Sibor rates and looking forward to sell within a few years of purchase.

    OCBC's Fees&Charges

    Fees and Charges

    • - Default fee: A minimum fee of S$50 for each late repayment
    • - Changing the date for paying off the fee : S$200 for each notice
    • - Delay in releasing the A title deed custody charge of S$500 a year
    • - Administration fee for fire insurance that is not from OAC: $200 a year
    • - Loan statement: S$30 for each page

    How to Pay Your OCBC Home Loan?

    OCBC Bank ATMs: Transfer funds from your OCBC Bank Savings or Current accounts to make your payment at OCBC Bank branches.

    Express Payment machine: Make a check or cash deposit at OCBC Bank branches.

    Phone Banking: Issue instructions to have your bank account deducted to pay for your home loan with your T-PIN.

    Who Can Apply For OCBC Home Loan?

  • Singaporean citizens and permanent residents.
  • Foreigners who are residing and working in Singapore.
  • Malaysians that are looking to invest in properties in Singapore.
  • If you are searching for home loans offered by other banks in the Singapore, you may also consider:

    UOB Housing Loan

  • With UOB, borrowers are able to choose both fixed or floating rate packages to their borrowers. If you are seeking for long term commitment – then to refinance in future, UOB Housing Loan package is the best option as it tied to only one year lock in period with low cumulative rate charges.

  • ANZ Home Loan
  • ANZ Home Loan allows their customer to opt for flexible repayments. The advantage of choosing ANZ’s floating mortgage loan is there is a combination package pegged to SIBOR-SOR. With SOR rate packages, buyers are able to change to other packages.

  • You can also take a look at the full line-up of mortgage loan listed on our website and choose which is the right one for you.

    Utilise iMoney’s home loan calculator to estimate your monthly repayments. If you are interested in taking out a OCBC home loan, Click the apply button and fill in a simple application form and you will be attended by experienced mortgage consultants

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