Home Loan Whiz

29/10/2026

Equity Loan on a Fully Paid Property in Singapore

Can You Take an Equity Loan on a Fully Paid Property? Quick answer Yes, if it's private property. With no other housing loans, the applicable cap is 75% of its current valuation, less CPF monies used to buy it. For an initial estimate, include both CPF principal withdrawn and accrued interest. If you have another housing loan, the cap is 45%....

Can You Take an Equity Loan on a Fully Paid Property? Quick answer Yes, if it’s private property. With no other housing loans, the applicable cap is 75% of its current valuation, less CPF mo…

27/10/2026

How Much Cash Can You Unlock From Your Property?

How Much Cash Can You Unlock From a Private Property? Quick answer With no other housing loans, the overall cap on borrowing against your private property is 75% of its current valuation. The maximum new equity loan is the remaining headroom after subtracting your outstanding mortgage and CPF used for the property. For an initial estimate, include both CPF principal withdrawn and accrued interest....

22/10/2026

How Much Can I Borrow for a Property in Singapore?

How Much Can I Borrow for a Property in Singapore? Quick answer You can borrow the lower of two amounts. The first is the loan-to-value (LTV) limit: up to 75% of the price or valuation, whichever is lower, if you have no other housing loan. The second is the loan your income can carry: total debts within 55% of income (TDSR), tested at a 4% interest rate....

How Much Can I Borrow for a Property in Singapore? Quick answer You can borrow the lower of two amounts. The first is the loan-to-value (LTV) limit: up to 75% of the price or valuation, whichever …

20/10/2026

IPA Lower Than Expected? How to Close the Gap

What Can You Do If Your In-Principle Approval Is Lower Than Expected? Quick answer An in-principle approval (IPA) can come in lower than expected because of a shorter loan tenure, income the bank counts at less than face value, or a valuation below the price. An IPA is not a final loan offer. Work out which limit reduced the amount before exercising an Option to Purchase (OTP), and check the financing and legal deadlines if your exercise date is close....

What Can You Do If Your In-Principle Approval Is Lower Than Expected? Quick answer An in-principle approval (IPA) can come in lower than expected because of a shorter loan tenure, income the bank …

15/10/2026

Home Loan Rejected in Singapore? What to Do Next

Home Loan Options After a Bank Rejects Your Application Quick answer A rejected home loan usually comes down to one of two things: a national limit you didn't meet, or one bank's own credit policy. The limits — the 55% Total Debt Servicing Ratio (TDSR), the 30% Mortgage Servicing Ratio (MSR) for HDB flats and ECs, and loan-to-value limits — are the same at every bank....

Home Loan Options After a Bank Rejects Your Application Quick answer A rejected home loan usually comes down to one of two things: a national limit you didn’t meet, or one bank’s own c…

06/10/2026

Fixed Rate vs SORA Home Loan in Singapore: Which Should You Choose?

Quick answer A fixed-rate mortgage locks your rate for a stated period; a SORA-linked mortgage moves with compounded SORA plus the bank's spread. Today the lowest 2-year fixed rate is 1.40%* and the cheapest SORA package is 3-month SORA + 0.20% = 1.4169%*. That puts the break-even at a 3-month SORA of 1.20%: above it, fixed is cheaper; below it, SORA is....

Fixed or SORA home loan? See the break-even SORA rate, a worked $1.5M comparison and how much a rate rise adds to your instalment.

06/10/2026

Can You Refinance a Home Loan During the Lock-In Period in Singapore?

Quick answer Yes, you can refinance a Singapore bank home loan during its lock-in period, but you will pay an early redemption penalty - 1.50% of the amount redeemed on the packages we track - plus any subsidy clawback. On a $1.5M loan that is $22,500 before clawbacks. Switching early pays off only when the rate gap, over the months left in your lock-in, is bigger than those costs....

Yes, but a 1.5% penalty plus clawbacks rarely pays off. Seethe break-even maths on a worked $1.5M example beforeyou switch.

05/10/2026

repricing-vs-refinancing- singapore

Quick answer Repricing means switching to a new package with your existing bank; refinancing means moving your mortgage to another bank. Repricing costs $500-$800, with no legal or valuation fees and no clawback. Refinancing opens up the whole market but brings legal and valuation costs and a 3-year subsidy clawback. Once your lock-in ends, either route beats staying put. On a $1.5M loan that has reset to 2.24%, both save around $21,000 in interest over two years....

Reprice with your existing bank or refinance to another?Compare rates, fees, lock-ins and savings with a worked$1.5M Singapore example.

05/10/2026

Repricing vs Refinancing in Singapore: Which Could Save You More?

Quick answer Repricing means switching to a new package with your existing bank; refinancing means moving your mortgage to another bank. Repricing costs $500-$800, with no legal or valuation fees and no clawback. Refinancing opens up the whole market but brings legal and valuation costs and a 3-year subsidy clawback. Once your lock-in ends, either route beats staying put. On a $1.5M loan that has reset to 2.24%, both save around $21,000 in interest over two years....

Reprice with your existing bank or refinance to another?Compare rates, fees, lock-ins and savings with a worked$1.5M Singapore example.

05/10/2026

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