Cashew

Latest SORA Rates

1M SORA

1.3494%

As of 30 Oct 2026

3M SORA

1.2970%

As of 30 Oct 2026

6M SORA

1.2209%

As of 30 Oct 2026

SORA

1.5526%

As of 30 Oct 2026

Displaying 103 data points from 5 May 2026 to 30 Oct 2026
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What today's SORA means for your loan

The monthly payment on a $500,000 loan over 25 years with today's lowest SORA package (3M SORA + 0.00% = 1.30% p.a.). Your own loan amount, tenure and bank change the number.

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Monthly payment today
$1,952
$500,000 over 25 years at 1.30% p.a.
Every 0.25% move in SORA changes this by about $58 a month.
Best floating-rate packages

The lowest packages tied to today's SORA

Live floating-rate home loans pegged to the 3M SORA benchmark (1.30% today), ranked by effective rate. We earn the same fee from every bank, so this ranking is honest.

Lowest rate
DBSPrivate
Floating rate
3M SORA+0.00%
Effective rate 1.30% p.a.3M SORA = 1.30% now
Lock-inNo lock-in
Get my rate
Confidential RatePrivate
Floating rate
6M SORA+0.20%
Effective rate 1.42% p.a.6M SORA = 1.22% now
Lock-inNo lock-in
Get my rate
Confidential RatePrivate
Floating rate
3M SORA+0.16%
Effective rate 1.46% p.a.3M SORA = 1.30% now
Lock-inNo lock-in
Get my rate
MaybankPrivate
Floating rate
3M SORA+0.20%
Effective rate 1.50% p.a.3M SORA = 1.30% now
Lock-in2-yr lock-in
Get my rate

Rates are indicative and subject to change. Your actual rate depends on loan amount, property type and profile. See full comparison →

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What is SORA?

SORA, or the Singapore Overnight Rate Average, is a key benchmark interest rate used in Singapore's financial markets. It represents the volume-weighted average rate of unsecured overnight interbank SGD transactions in Singapore, published daily by the Monetary Authority of Singapore (MAS).

Understanding SORA Indices

SORA comes in several tenors, each serving different purposes in the financial ecosystem:

  • 1M SORA: The 1-month compounded SORA rate, calculated by compounding daily SORA rates over a 1-month period. This is commonly used for short-term floating rate loans and mortgages.
  • 3M SORA: The 3-month compounded SORA rate, representing the average compounded rate over a 3-month period. This is widely used as a reference rate for various financial products.
  • 6M SORA: The 6-month compounded SORA rate, used for medium-term financial instruments and some mortgage products.
  • SORA: The daily overnight rate that serves as the base rate for calculating compounded SORA tenors such as 1M, 3M, and 6M.

Why SORA Matters for Home Loans

SORA has become increasingly important in Singapore's mortgage market, especially as the country transitions away from traditional reference rates like SIBOR (Singapore Interbank Offered Rate). Many banks now offer floating rate home loans that are pegged to SORA, making it essential for homeowners and potential buyers to understand and monitor these rates.

Floating rate mortgages linked to SORA typically add a spread (margin) to the SORA rate. For example, a loan might be priced at "3M SORA + 0.80%". This means your interest rate will fluctuate based on changes in the 3M SORA rate, plus the fixed spread of 0.80%.

How SORA Rates Are Determined

The Monetary Authority of Singapore (MAS) calculates and publishes SORA daily based on actual interbank transactions. The rate reflects real market conditions and is considered more transparent and reliable than previous benchmark rates. The MAS publishes SORA rates at around 9:00 AM Singapore time each business day.

Monitoring SORA Rates

For homeowners with SORA-pegged mortgages or those considering such loans, staying informed about current and historical SORA rates is crucial. Our daily updated SORA rates page provides you with the latest rates for all SORA tenors, along with historical trends to help you make informed decisions about your mortgage.

Whether you're refinancing an existing loan, considering a new property purchase, or simply monitoring market trends, understanding SORA rates can help you navigate Singapore's mortgage landscape more effectively.