Home Loan (Refinancing)

Get a home loan refinancing package customised for you

  • Combination of pricing packages (variable rate and 3 months SIBOR) 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
Contact us

Chat with Emma

Your Virtual Service Ambassador

Now you can let Emma answer all your frequently asked home and renovation loan questions. Simply click on the chat box at the lower right hand corner of your screen to start chatting.

To protect your information, Emma is unable to answer specific questions on your loan account.

You may choose to leave your contact details with her and we will get back to you within the next working day.

4 different packages to suit your needs

Fixed Deposit-linked rates

  • Rates are pegged to our 15-month fixed deposit rate
  • Rates and payments can change with our 15-month fixed deposit rate
  • Free conversion to any other package if the fixed deposit rate increases

Short-term fixed interest rates

  • Fixed monthly payments means you can budget and plan ahead
  • Protects you from rate fluctuations for the first
    1-2 years
  • Interest rates tend to be higher than other packages

SIBOR-dependent rates

  • Rates are pegged to the 1- or 3-month SIBOR
  • Payments can increase or decrease based on SIBOR rates
  • Rates are reviewed every 1 or 3 months, depending on the package chosen

Variable interest rates

  • Rates are lower than fixed rates
  • Rates and payments can change with the OCBC board rate

The interest rates indicated are fixed and guaranteed for either the first year or the first two years only, depending on the package you sign up for.

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 bank’s internal rates (board rate) minus a discount stated in the Letter of Offer.

Calculate monthly payments

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 the loan. For packages with no lock-in period, the customer can choose to refinance the housing loan package anytime.

Calculate monthly payments

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.

Calculate monthly payments

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%

Calculate monthly payments

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

From S$100,000

Private property
From S$200,000

The above is capped at 100% of valuation or your outstanding loan, whichever is lower.

*Home Loan on an owner occupied property purchased before 29 June 2013

Application Process

Home loan application process

Find out more