OCBC Home Loans

OCBC Home Loan for Purchase of Private Property

OCBC Home Loan for Refinancing of Private Property

OCBC Home Loan for Purchase of HDB Flat

OCBC Home Loan for Refinancing of HDB Flat

Do note that the rates below are indicative. For the best home loans specific to you, please contact us or use the Finko home loan comparison.

Home Loan for Purchase of Private Property
Minimum mortgage of $300,000
Year 1	Board 1.18%
Year 2	Board 1.18%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Minimum mortgage of $500,000
Year 1	Board 1.03%
Year 2	Board 1.03%
Year 3	Board 1.53%
Thereafter	Board 1.53%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Year 1	Board 1.30%
Year 2	Board 1.30%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	Board 1.33%
Year 2	Board 1.43%
Year 3	Board 1.53%
Thereafter	Board 1.53%
Lock-in period	-
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Year 1	3M SIBOR + 0.85%
Year 2	3M SIBOR + 0.85%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Year 1	1.20% (Fixed)
Year 2	1.20% (Fixed)
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Not required to purchase fire insurance for condominium
Year 1	1.10% (Fixed)
Year 2	1.10% (Fixed)
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Not required to purchase fire insurance for condominium
Year 1	1.18% (Fixed)
Year 2	1.18% (Fixed)
Year 3	1.18% (Fixed)
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Not required to purchase fire insurance for condominium
Minimum mortgage of $700,000
Year 1	Board 1.20%
Year 2	Board 1.20%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Minimum mortgage of $800,000
Year 1	Board 1.15%
Year 2	Board 1.15%
Year 3	Board 1.40%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	Board 1.10%
Year 2	Board 1.10%
Year 3	Board 1.40%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	Board 1.46%
Year 2	Board 1.46%
Year 3	Board 1.66%
Thereafter	Board 1.66%
Lock-in period	-
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Year 1	3M SIBOR + 0.80%
Year 2	3M SIBOR + 0.80%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Year 1	3M SIBOR + 0.75%
Year 2	3M SIBOR + 0.80%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Year 1	1.15% (Fixed)
Year 2	1.15% (Fixed)
Year 3	1.15% (Fixed)
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Not required to purchase fire insurance for condominium
Minimum mortgage of $1,000,000
Year 1	3M SIBOR + 0.70%
Year 2	3M SIBOR + 0.70%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Minimum mortgage of $1,500,000
Year 1	3M SIBOR + 0.65%
Year 2	3M SIBOR + 0.70%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Minimum mortgage of $2,000,000
Year 1	3M SIBOR + 0.65%
Year 2	3M SIBOR + 0.65%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount

Home Loan for Refinancing of Private Property
Minimum mortgage of $300,000
Year 1	Board 1.18%
Year 2	Board 1.18%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	3M SIBOR + 1.00%
Year 2	3M SIBOR + 1.00%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Minimum mortgage of $500,000
Year 1	Board 1.33%
Year 2	Board 1.53%
Year 3	Board 1.53%
Thereafter	Board 1.53%
Lock-in period	-
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Year 1	Board 1.30%
Year 2	Board 1.30%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	3M SIBOR + 0.85%
Year 2	3M SIBOR + 0.85%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Year 1	1.10% (Fixed)
Year 2	1.10% (Fixed)
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	$2,000
Remarks	Not required to purchase fire insurance for condominium
Year 1	1.18% (Fixed)
Year 2	1.18% (Fixed)
Year 3	1.18% (Fixed)
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	$2,000
Remarks	Not required to purchase fire insurance for condominium
Minimum mortgage of $700,000
Year 1	Board 1.20%
Year 2	Board 1.20%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Minimum mortgage of $800,000
Year 1	Board 1.46%
Year 2	Board 1.46%
Year 3	Board 1.66%
Thereafter	Board 1.66%
Lock-in period	-
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Year 1	Board 1.15%
Year 2	Board 1.15%
Year 3	Board 1.40%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	Board 1.10%
Year 2	Board 1.10%
Year 3	Board 1.40%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	3M SIBOR + 0.80%
Year 2	3M SIBOR + 0.80%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Year 1	1.15% (Fixed)
Year 2	1.15% (Fixed)
Year 3	1.15% (Fixed)
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	$2,000
Remarks	Not required to purchase fire insurance for condominium

Home Loan for Purchase of HDB Flat
Minimum mortgage of $200,000
Year 1	Board 1.18%
Year 2	Board 1.18%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Minimum mortgage of $250,000
Year 1	1.38% (Fixed)
Year 2	1.38% (Fixed)
Year 3	1.38% (Fixed)
Thereafter	Board 1.80%
Lock-in period	4 years
Subsidy / Incentive	-
Remarks	1x free switching to another loan package within the bank after the lock-in period if MBR increases
Minimum mortgage of $300,000
Year 1	Board 1.03%
Year 2	Board 1.03%
Year 3	Board 1.53%
Thereafter	Board 1.53%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Year 1	Board 1.33%
Year 2	Board 1.43%
Year 3	Board 1.53%
Thereafter	Board 1.53%
Lock-in period	-
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Minimum mortgage of $400,000
Year 1	Board 1.46%
Year 2	Board 1.46%
Year 3	Board 1.66%
Thereafter	Board 1.66%
Lock-in period	-
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Minimum mortgage of $500,000
Year 1	Board 1.30%
Year 2	Board 1.30%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	3M SIBOR + 0.85%
Year 2	3M SIBOR + 0.85%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Year 1	1.20% (Fixed)
Year 2	1.20% (Fixed)
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Not required to purchase fire insurance for condominium
Year 1	1.10% (Fixed)
Year 2	1.10% (Fixed)
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Not required to purchase fire insurance for condominium
Year 1	1.18% (Fixed)
Year 2	1.18% (Fixed)
Year 3	1.18% (Fixed)
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Not required to purchase fire insurance for condominium
Minimum mortgage of $700,000
Year 1	Board 1.20%
Year 2	Board 1.20%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Minimum mortgage of $800,000
Year 1	Board 1.15%
Year 2	Board 1.15%
Year 3	Board 1.40%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	Board 1.10%
Year 2	Board 1.10%
Year 3	Board 1.40%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	3M SIBOR + 0.80%
Year 2	3M SIBOR + 0.80%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Year 1	3M SIBOR + 0.75%
Year 2	3M SIBOR + 0.80%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Year 1	1.15% (Fixed)
Year 2	1.15% (Fixed)
Year 3	1.15% (Fixed)
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Not required to purchase fire insurance for condominium
Minimum mortgage of $1,000,000
Year 1	3M SIBOR + 0.70%
Year 2	3M SIBOR + 0.70%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Minimum mortgage of $1,500,000
Year 1	3M SIBOR + 0.65%
Year 2	3M SIBOR + 0.70%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Minimum mortgage of $2,000,000
Year 1	3M SIBOR + 0.65%
Year 2	3M SIBOR + 0.65%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	-
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount

Home Loan for Refinancing of HDB Flat
Minimum mortgage of $200,000
Year 1	Board 1.18%
Year 2	Board 1.18%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	$1,800
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty
Year 1	3M SIBOR + 1.00%
Year 2	3M SIBOR + 1.00%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Minimum mortgage of $250,000
Year 1	1.38% (Fixed)
Year 2	1.38% (Fixed)
Year 3	1.38% (Fixed)
Thereafter	Board 1.80%
Lock-in period	4 years
Subsidy / Incentive	1,500
Remarks	1x free switching to another loan package within the bank after the lock-in period if MBR increases
Minimum mortgage of $300,000
Year 1	Board 1.33%
Year 2	Board 1.43%
Year 3	Board 1.53%
Thereafter	Board 1.53%
Lock-in period	-
Subsidy / Incentive	$1,800
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Year 1	Board 1.03%
Year 2	Board 1.03%
Year 3	Board 1.53%
Thereafter	Board 1.53%
Lock-in period	2 years
Subsidy / Incentive	$1,800
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Year 1	1.38% (Fixed)
Year 2	1.38% (Fixed)
Year 3	1.38% (Fixed)
Thereafter	Board 1.80%
Lock-in period	4 years
Subsidy / Incentive	1,800
Remarks	1x free switching to another loan package within the bank after the lock-in period if MBR increases
Minimum mortgage of $400,000
Year 1	Board 1.46%
Year 2	Board 1.46%
Year 3	Board 1.66%
Thereafter	Board 1.66%
Lock-in period	-
Subsidy / Incentive	$1,800
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums Rate pegged to 1M Sora 1M Sora at 0.1322%
Year 1	3M SIBOR + 0.80%
Year 2	3M SIBOR + 0.80%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Minimum mortgage of $500,000
Year 1	Board 1.30%
Year 2	Board 1.30%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	$1,800
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	3M SIBOR + 0.85%
Year 2	3M SIBOR + 0.85%
Year 3	3M SIBOR + 1.00%
Thereafter	3M SIBOR + 1.00%
Lock-in period	2 years
Subsidy / Incentive	$2,000
Remarks	Free switching to another loan package within the bank after the lock-in period Not required to purchase fire insurance for condominiums No penalty for prepayment of up to 50% of loan amount
Year 1	1.10% (Fixed)
Year 2	1.10% (Fixed)
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	$1,800
Remarks	Not required to purchase fire insurance for condominium
Year 1	1.18% (Fixed)
Year 2	1.18% (Fixed)
Year 3	1.18% (Fixed)
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	$1,800
Remarks	Not required to purchase fire insurance for condominium
Year 1	1.20% (Fixed)
Year 2	1.20% (Fixed)
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	$1,800
Remarks	Not required to purchase fire insurance for condominium
Minimum mortgage of $700,000
Year 1	Board 1.20%
Year 2	Board 1.20%
Year 3	Board 1.60%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	$1,800
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty
Minimum mortgage of $800,000
Year 1	Board 1.10%
Year 2	Board 1.10%
Year 3	Board 1.40%
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	$1,800
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	Board 1.15%
Year 2	Board 1.15%
Year 3	Board 1.40%
Thereafter	Board 1.80%
Lock-in period	1 year
Subsidy / Incentive	$1,800
Remarks	Free switching to another loan package within the bank if rate increases Prepay up to 50% of loan amount without penalty Not required to purchase fire insurance for condominiums
Year 1	1.15% (Fixed)
Year 2	1.15% (Fixed)
Year 3	1.15% (Fixed)
Thereafter	Board 1.80%
Lock-in period	2 years
Subsidy / Incentive	$1,800
Remarks	Not required to purchase fire insurance for condominium