SORA rate today: 1.26% (3-month compounded)
Compounded 1-month, 3-month and 6-month SORA, published by MAS every business day — the benchmark behind most SGD floating home loans.
1M SORA sits above 3M — the curve points up, and loans pegged to 1M reprice higher sooner.
Where SORA has been heading
Compounded SORA by month. Source: MAS. SORA has eased sharply from above 3% in early 2025 to around 1% through 2026. Hover any point for the exact rate.
What would your SORA loan cost?
Your floating rate is the SORA benchmark plus your bank's spread. Enter your loan to see the monthly repayment at today's rate.
Should the rate be locked or left to move?
A SORA-pegged loan moves with the benchmark; a fixed package locks a rate for a set term. Neither is "better" — it depends on where rates head and how much certainty you want.
SORA floating
- Falls automatically when SORA falls
- Transparent — the benchmark is published daily by MAS
- Usually no lock-in after the first year or two
- Repayments rise if SORA climbs
Fixed rate
- Repayment certainty for the fixed term
- Shielded if rates rise during the lock-in
- No benefit if rates fall
- Early-redemption penalty during the lock-in
What SORA is, in three steps
An overnight benchmark
SORA is the volume-weighted average rate of unsecured overnight interbank SGD borrowing, published by MAS at 9am the next business day. It replaced SIBOR as Singapore's reference rate in 2024.
Compounded over a period
Banks don't use the daily figure directly. They compound it over 1, 3 or 6 months to smooth out day-to-day noise. A 3-month compounded SORA loan reprices every three months; a 1-month loan reprices monthly.
Plus your bank's spread
Your loan rate is the compounded SORA plus a fixed spread set by your bank (often 0.3%–1.0%). When SORA moves, your rate moves with it at the next reset — the spread stays the same.
Important Disclaimer
For educational and informational purposes only. This page shows compounded SORA rates published by the Monetary Authority of Singapore (MAS) and uses them to estimate loan repayments. SORA is the Singapore Overnight Rate Average, a benchmark; your actual home loan rate is the compounded SORA for your tenor plus a spread set by your bank. The calculator assumes a constant rate over the full tenure on a reducing-balance basis and excludes fees, insurance and the effect of future rate resets.
No warranty of accuracy. While Money Snap takes reasonable care to source figures from official authorities (MAS), this page is provided "as is" without any express or implied warranty as to accuracy, completeness, timeliness, or fitness for any particular purpose. SORA is published every business day and changes constantly — the figures shown may be out of date — and your bank's spread, reset frequency, lock-in terms and the path of future rates will materially affect your actual 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. Confirm the latest SORA on the MAS website and obtain advice from a financial adviser or mortgage specialist licensed by the Monetary Authority of Singapore before deciding.
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.