Mortgage Calculator Singapore DBS - Home Loan Calculator
DBS Home Loan Rates (Indicative)
| Loan Type | Interest Rate | Lock-in Period |
|---|---|---|
| Fixed Rate | 3.50% - 4.50% | 2-3 years |
| Floating Rate | SORA + 1.00% | No lock-in |
| HDB Loan | 2.60% | Government rate |
*Rates are indicative and subject to change. Please check with DBS for current rates.
The Mortgage Calculator Singapore DBS helps you calculate your monthly home loan payments for DBS bank mortgages. This comprehensive calculator considers home price, down payment, loan term, and interest rates to provide accurate monthly payment estimates for your Singapore property purchase.
How to Use the DBS Mortgage Calculator
Using our DBS home loan calculator is straightforward:
- Enter Home Price - Input the total purchase price of your property
- Input Down Payment - Enter your down payment amount (minimum 5% for citizens/PRs)
- Select Loan Term - Choose your loan tenure (typically 25-30 years)
- Enter Interest Rate - Input the current DBS interest rate offered
- Calculate - Click to see your monthly payment and loan details
DBS Home Loan Features
DBS offers competitive home loan packages with various benefits:
- Competitive Rates - Fixed and floating rate options available
- Flexible Terms - Loan tenure up to 35 years
- No Processing Fee - For selected home loan packages
- Repricing Options - Switch between fixed and floating rates
- Partial Prepayment - Make additional payments without penalty
DBS Mortgage Eligibility Requirements
For Singapore Citizens and PRs:
- Minimum age: 21 years old
- Maximum age at loan maturity: 65 years old
- Minimum annual income: $30,000
- Debt Service Ratio (DSR): Maximum 55%
- Total Debt Service Ratio (TDSR): Maximum 55%
For Foreigners:
- Minimum annual income: $120,000
- Maximum loan-to-value: 75%
- Additional Buyer's Stamp Duty (ABSD) applies
- Higher down payment requirements
Types of DBS Home Loans
1. DBS Fixed Rate Home Loan
- Fixed interest rate for initial period (2-3 years)
- Protection against interest rate fluctuations
- Converts to floating rate after fixed period
2. DBS Floating Rate Home Loan
- Interest rate pegged to SORA (Singapore Overnight Rate Average)
- No lock-in period
- Benefit from falling interest rates
3. DBS HDB Loan
- For HDB flat purchases
- Competitive rates for public housing
- Special packages for first-time buyers
Related Calculators
Explore our other Singapore mortgage and financial calculators:
- OCBC Mortgage Calculator Singapore - Calculate OCBC home loans
- UOB Home Loan Calculator Singapore - UOB mortgage calculations
- Singapore Property Affordability Calculator - Check affordability
- Singapore Stamp Duty Calculator - Calculate stamp duty costs
- Singapore CPF Housing Calculator - CPF usage for property
Frequently Asked Questions
What is the minimum down payment for DBS home loans?
For Singapore citizens and PRs, the minimum down payment is 5% for the first property. For foreigners, it's typically 25%.
What is SORA and how does it affect my loan?
SORA (Singapore Overnight Rate Average) is the benchmark interest rate in Singapore. Floating rate loans are pegged to SORA plus a margin.
Can I refinance my existing home loan to DBS?
Yes, DBS offers refinancing options. You can switch from another bank to potentially get better rates or terms.
What documents do I need for a DBS home loan application?
You'll need income documents, CPF statements, property documents, and identification. DBS will provide a complete checklist.
How long does DBS home loan approval take?
DBS typically processes home loan applications within 2-3 weeks, subject to complete documentation.
About DBS Home Loans
DBS Bank is one of Singapore's leading banks, offering comprehensive home loan solutions for property buyers. With competitive interest rates, flexible terms, and excellent customer service, DBS has helped thousands of Singaporeans achieve their homeownership dreams.
Our DBS Mortgage Calculator Singapore provides accurate estimates to help you plan your property purchase. Whether you're buying your first home, upgrading, or investing in property, this calculator gives you the financial insights needed to make informed decisions.
Remember that this calculator provides estimates only. For official loan approval and current interest rates, please contact DBS directly or visit their branches for personalized consultation.