Home Loan (Refinancing)

Get a home loan refinancing package customised for you

  • Combination of pricing packages with no switching fees

  • Attractive interest rates

  • Dedicated customer care officers and mortgage specialists are just a phone call away

  • For new purchase, learn more by clicking here

Home Loan Refinancing Package
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3 different packages to suit your needs

OCBC 2Y Fixed Rate

OCBC Home Rate 2 year fixed
  • Protects you from rate fluctuations for the first 2 years
  • Pegged to OCBC mortgage board rate (bank managed rate) from Year 3

OCBC mortgage board rates

OCBC Home Rate
  • Bank-managed rates and the bank can revise the values at anytime by giving you 30 days' notice
  • In OCBC, mortgage board rates are defined for specific pricing packages. Should the mortgage board rate on your account be increased, you will have the flexibility to switch to another OCBC pricing package at no cost.
  • The current mortgage board rate pricing packages are availed with mortgage board rates at 1.55%.
  • You have the flexibility to prepay up to 50% of the loan amount within the lock-in period.

SIBOR-dependent rates

  • Rates are pegged to the 3-month SIBOR and reviewed every 3 months.
  • Payments can increase or decrease based on SIBOR rates

The interest rates indicated are fixed for the first two years.

This will also mean that your monthly instalment is fixed and will not change within those years.

At the end of the fixed rate period, the interest rates will be based on the long-term average of 1-month and 3-month SIBOR.

Customers can choose between different lock-in periods.

The lock-in period indicates the period where there will be penalty imposed on the customers if they decide to refinance or to redeem the loan. For packages with no lock-in period, the customer can choose to refinance or to redeem the housing loan package anytime.

The SIBOR may change every day. The bank uses the SIBOR on a specific date (also known as the Rate Review Date) and adds on a fixed percentage for the interest rate of the housing loan. The interest rate will be reviewed every 1 or 3 months, depending on the package chosen.

The bank uses the 15-month fixed deposit board rate and adds on a fixed percentage for the interest rate of the housing loan.

The 15-month fixed deposit rate is currently 0.25%

Reasons to refinance

Refinance your existing Home Loan with us to enjoy

  • Lower monthly instalments
  • Customised solutions


Talk to us about unlocking cash from your property too.

Amount you can borrow

Application Process

Home loan application process

Find out more

  • Have us contact you
  • Call us at (65) 6363 3333

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    (excluding public holidays)

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