The HDB loan rate is 2.6% a year.
Singapore's HDB housing loan is pegged at the CPF Ordinary Account rate plus 0.1% — and it has held at 2.6% since 1999. See how it compares to bank packages, then run your own repayment.
Pegged at CPF OA 2.5% + 0.1%. Reviewed quarterly by HDB; the floor has not moved since July 1999.
Three ways to finance an HDB flat
The HDB loan is steady and forgiving; bank loans can be cheaper today but move with the market. Indicative bank rates — confirm live quotes with lenders.
HDB concessionary loan
- No lock-in; prepay anytime, penalty-free
- Up to 75% LTV; no cash down needed
- Eligibility & income ceilings apply
Bank loan — fixed
- Rate certainty for the fixed term
- Often undercuts HDB at signing
- Lock-in penalty; reprices after term
Bank loan — floating
- Falls when SORA falls
- Transparent, published benchmark
- Repayment rises if SORA climbs
What would you pay each month?
Enter your loan and tenure to see the monthly repayment and total interest under each rate. Edit any rate to match a real quote.
Run your numbers
Why the HDB rate feels boring — on purpose
The HDB rate has sat flat at 2.6% for over two decades. Bank floating rates, tied to SORA, have swung from near-zero to above 4% in the same window.
HDB loan rate vs indicative bank floating rate
How to read this: the teal line is the HDB rate — a flat 2.6%. The dashed line tracks an indicative SORA-pegged bank rate. When it dips below teal, banks are cheaper; when it spikes, HDB borrowers were shielded. Figures are illustrative.
HDB loan rate, answered
What is the current HDB loan interest rate?
How is the HDB loan rate calculated?
Has the HDB loan rate ever changed?
Is an HDB loan or a bank loan cheaper?
Can I switch from an HDB loan to a bank loan?
How much can I borrow with an HDB loan?
Important Disclaimer
For educational and informational purposes only. This page produces estimates based on the inputs provided and the HDB concessionary loan rate, which is pegged at the CPF Ordinary Account rate plus 0.1%. With the CPF OA rate at its legislated floor of 2.5%, the HDB rate is 2.6% per annum and has held at 2.6% since July 1999. Bank fixed and floating rates shown are indicative, for comparison only, and vary by lender, lock-in period and loan size. Repayment figures assume a constant rate on a reducing-balance basis and exclude fees, stamp duties and insurance.
No warranty of accuracy. While Money Snap takes reasonable care to source figures from official authorities (HDB, CPF Board), this page is provided "as is" without any express or implied warranty as to accuracy, completeness, timeliness, or fitness for any particular purpose. The HDB rate is reviewed quarterly and would change if the CPF OA rate moves — figures shown may be out of date — and eligibility, income ceilings, loan-to-value limits and your actual quoted rates may materially affect your repayments.
Not financial advice. Information provided is general in nature only and does not take into account your personal objectives, financial situation, or needs. Results do not constitute financial, tax or legal advice and use of this page does not create an advisory relationship. Before relying on any figure shown, verify eligibility and the latest rate with HDB, and obtain advice from a financial adviser licensed by the Monetary Authority of Singapore.
Limitation of liability. To the maximum extent permitted by law, Money Snap accepts no liability for any loss, damage, cost, or expense — direct or indirect — arising from reliance on this page or the information it produces. Users are responsible for verifying all figures with the relevant authority before relying on them. Use of this page is subject to our Terms of Use.