Singapore property financing. Every product. Every bank. Compared.

SORA — Singapore Overnight Rate Average — is the benchmark interest rate that replaced SIBOR in Singapore's mortgage market. It reflects the actual rate at which Singapore banks lend to each other overnight. SORA-pegged mortgages are typically expressed as "3-month compounded SORA + spread" — for example, 3M SORA + 0.80%. When SORA rises, your monthly repayment rises; when it falls, your repayment falls. As of April 2026, SORA has moderated from its 2023 peak. Whether SORA or fixed is right for you depends on your cash flow sensitivity and rate outlook — we explain both without a preferred outcome.

LTV (Loan-to-Value) limits set the maximum you can borrow relative to the property's purchase price or valuation, whichever is lower. For bank loans on residential property: 75% for a first property (Singapore Citizens or PRs), 45% for a second property, 35% for a third or subsequent property. HDB concessionary loans allow up to 80% LTV but are only available for certain HDB flat purchases and subject to income ceiling. Commercial property typically allows up to 80% LTV depending on lender and property type.

TDSR — Total Debt Servicing Ratio — is a MAS-mandated rule that caps your total monthly debt repayments (including the new mortgage) at 55% of your gross monthly income. All debt counts: car loans, personal loans, credit card minimums, business loans you have personally guaranteed. When we assess your eligibility, TDSR calculation is one of the first things we run — because it determines the maximum loan quantum you qualify for, regardless of what the bank would otherwise offer.

Yes, for residential properties in Singapore — both HDB and private. CPF Ordinary Account (OA) funds can be used for down payment and monthly mortgage instalments, subject to the CPF Withdrawal Limit (generally up to 120% of the property's Valuation Limit). There are age-related restrictions on CPF usage as you approach 55 and beyond. For commercial property, CPF cannot be used — repayments must be serviced in cash. We factor CPF into your affordability calculation so you know your actual monthly cash outflow.