SBR-Based Home Loan Calculator
Calculate your Singapore home loan with SBR (Singapore Benchmark Rate) floating rate.
Singapore SBR Home Loan Calculator
Calculate monthly payments based on SBR + Bank Spread floating rate
Current Effective Rate
4.90%
Understanding SBR Home Loans
What is SBR?
SBR (Singapore Benchmark Rate) is a floating interest rate benchmark calculated by the Association of Banks in Singapore (ABS). It is based on the average rates of major Singapore banks and reviewed monthly. SBR-based home loans have rates that move with this benchmark.
SBR vs SORA vs Fixed Rate
- SBR: Monthly review, based on bank rates
- SORA: Daily rate, more transparent, now preferred
- Fixed: Rate locked for 2-5 years, higher initial rate
- SORA is now the main benchmark replacing SBR/SIBOR
Singapore LTV Limits
- HDB (HDB Loan): Up to 80% LTV
- HDB (Bank Loan): Up to 75% LTV
- Private (1st property): Up to 75% LTV
- Private (2nd property): Up to 45% LTV
- Private (3rd+): Up to 35% LTV
Tips for Borrowers
- Budget for potential rate increases (1-2%)
- Compare packages from multiple banks
- Consider lock-in period and penalty fees
- Check for hidden fees and legal costs
- Review refinancing options after lock-in