When Should I Refinance My Home Loan in Singapore? (2026 Complete Guide)
Not sure when to refinance your home loan? In this comprehensive 2026 guide, we explain the ideal time to refinance, why homeowners should start the process three months before their lock-in period ends, whether refinancing early makes sense, and when paying a breakage penalty may still result in substantial savings.
SORA vs Fixed-Rate Home Loans in Singapore (Oct 2025): Which Is Better?
In October 2025, Singapore borrowers face a choice between SORA-pegged floating loans (EIR ~1.5%) and a 1.50% fixed package with free conversion after 12 months. With SORA and Fixed rates on par now and the Fed easing cautiously, fixed loans are slightly better as it offers certainty and embedded flexibility, making them the safer choice for most homeowners.
What to Look Out for When Refinancing Your Home Loan in Singapore
Refinancing a home loan in Singapore can save thousands, but it’s not just about chasing lower rates. Borrowers must check TDSR and MSR eligibility, watch for lock-in penalties, subsidy clawbacks, and prepayment costs tied to rate review dates. Aligning refinancing with future plans, such as upgrading or selling, ensures savings outweigh hidden fees and risks.
Refinance or Reprice in Singapore 2025: Which is better?
Each path differs in complexity, timing, and financial implications, especially for smaller loans or projects under construction. Understanding which option serves you best can save time, money, and hassle.