Stop overpaying on your HDB loan.
Save $2,800 per year by switching today.
Latest Bank Rates
Compare the most current HDB loan rates from all major Singapore banks. All rates are updated every 5 minutes.
| Loan Amount | Floating Rate | 2-Year Fixed | 3-Year Fixed |
|---|---|---|---|
| $500K | 1.65% | 1.60% | 1.73% |
| $1M | 1.55% | 1.55% | 1.60% |
| $2M | 1.55% | 1.50% | 1.50% |
Rates last updated: Friday, 26 September 2025 • Updated every 5 minutes
Why Refinance Your HDB Loan?
HDB Rate vs Bank Rates Today
HDB loans come with a fixed rate of 2.6% throughout the loan tenure. While this provides stability, current bank rates are significantly lower, starting from as low as 1.5%.
Example Savings
Refinancing a $500,000 loan from HDB's 2.6% to a bank rate of 1.8% could save you approximately $85,000 over 20 years.
Key Benefits:
- Lower monthly payments immediately
- Significant long-term interest savings
- More loan package options and flexibility
- Ability to switch packages in the future
Why Cashew
Best Rate Guarantee
Compensate if you find better. T&C apply.
Unbiased Comparison
500+ packages across all major banks.
Fast & Simple
End-to-end process, no hidden fees.
How It Works
Simple 4-step process to refinance your HDB loan and start saving
Enter your loan details
Provide your remaining loan amount and tenure for accurate calculations
Instantly compare best rates
Our system compares 500+ packages from all major banks in real-time
Get personalised advice from Cashew
Speak with our mortgage experts to understand your best options
Apply online — we handle the paperwork
Complete your application online and we'll manage the entire process
Complete Process Timeline
The entire refinancing process typically takes 2-4 weeks from application to completion. We'll keep you updated at every step and handle all communications with the banks.
Geraldine saves $400 every month by switching with Cashew.
"I was paying 2.6% on my HDB loan for years without realizing how much I could save. Cashew helped me switch to a bank loan at 1.8% fixed for 3 years, and now I'm saving $320 every month. The process was so smooth and their team handled everything."
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