Refinance Your Home Loan in Singapore — Lower Rates, Bigger Savings

Thinking of refinancing your HDB or private property loan? Discover how much you can save by switching to a better mortgage package with the help of our expert advisors.

Compare Refinancing Packages

Let us help you secure lower interest rates and restructure your loan for maximum flexibility — from top banks like DBS, OCBC, UOB, and more.

Fixed Rates Floating Rates

Refinancing Loan Rates from All 16 Banks

Refinance Your Mortgage in Singapore

Looking to reduce your monthly mortgage payments or unlock better financing terms? Refinancing your home loan can help you take advantage of lower interest rates, free up cash flow, and reset your mortgage with more favorable conditions — whether you own an HDB flat, private condo, or landed property.

At Ace Mortgage Advisory, we compare refinancing packages from all major banks in Singapore — helping you lower your interest, shorten your loan tenure, or access your property’s equity without any hassle or hidden fees.

Lower Your Monthly Repayments

If current mortgage rates are lower than what you’re paying, refinancing can immediately reduce your monthly instalments and save thousands in interest over time.

Switch to a Lower Interest Rate

Move from an older, high-rate package to a lower fixed or SORA-pegged floating rate — giving you greater financial freedom and flexibility.

Reset Your Lock-In Period

If your lock-in has expired or is ending soon, it’s a great time to switch banks or reprice to a better package, often with legal subsidies and fee waivers included.

Convert Cash into Equity

Looking to renovate, invest, or consolidate debt? Refinancing can let you cash out on your property’s appreciated value with an equity term loan.

Adjust Your Loan Tenure

Need to stretch out your mortgage to reduce payments, or shorten the term to become debt-free faster? We help you restructure based on your updated goals.

Free Consultation from Experts

Our licensed mortgage advisors will assess your current loan, run break-even comparisons, and negotiate with banks on your behalf — all at zero cost to you.

Latest Housing Loan Refinancing Rates in Singapore

Looking to save on your current mortgage repayments? Whether you’re refinancing a HDB flat, private condominium, or landed property, it’s crucial to compare refinancing packages carefully to maximize long-term savings and financial flexibility.

Today’s homeowners can switch to a wide range of refinancing solutions — including competitive fixed-rate, SORA-pegged floating-rate, and hybrid home loan packages — depending on your goals for interest savings, cash flow management, or investment planning.

Below, we break down the latest refinancing offers from major banks in Singapore — so you can secure lower rates, shorten your loan tenure, or enjoy cash-out refinancing opportunities for your financial needs.

🔒Fixed Rate Refinancing Packages

Compare Fixed Rate Home Loan Refinancing Packages (July 2025)

Bank	2-Year Fixed Rate	3-Year Fixed Rate
DBS Bank	2.50% p.a.	2.55% p.a.
OCBC Bank	2.55% p.a.	2.60% p.a.
UOB Bank	2.58% p.a.	2.63% p.a.
Maybank	2.53% p.a.	2.58% p.a.
HSBC Singapore	2.54% p.a.	2.59% p.a.

Rates are indicative and subject to change. Actual rates may vary based on loan amount, tenure, and borrower profile. 💬 Contact our mortgage advisors to secure potentially lower rates than listed.

💡 Who This Is For

Homeowners looking to refinance their existing HDB, condo, or private property mortgage — especially those prioritising stability and predictability in today’s volatile interest rate environment. This is ideal for anyone researching how to refinance a home loan or comparing home loan rates to refinance in Singapore.

👍 Key Benefits

✅ Lock in stable rates for 2–3 years for peace of mind
✅ Enjoy fixed repayments — no impact from SORA or global market swings
✅ Avoid surprises from rising rates by choosing a fixed package
✅ Ideal for long-term homeowners, retirees, or those nearing full repayment
✅ Best refinance home loan options often offer savings on large loan balances (e.g., $500k+)

⭐ Ideal for:

Anyone wondering what is home loan refinance or seeking the best refinance rates in Singapore. Whether you’re switching from a floating package to fixed, or comparing home loans refinance rates across banks, this plan suits cautious planners and those managing larger loans. Also suitable for owners exploring property refinance for better financial planning or cash-out needs.

🌊Floating Rate Refinancing (3M SORA Pegged)

Compare Floating Rate Refinancing Packages (3M SORA Benchmark) (July 2025)

Bank	Floating Rate (3M SORA + Spread)	Estimated Effective Rate	Lock-In Period
DBS Bank	3M SORA + 0.80%	~3.67% p.a.	2 years
OCBC Bank	3M SORA + 0.80%	~3.67% p.a.	2 years
UOB Bank	3M SORA + 0.85%	~3.72% p.a.	2 years
Maybank	3M SORA + 0.75%	~3.62% p.a.	2 years
HSBC Singapore	3M SORA + 0.78%	~3.65% p.a.	2 years

Rates are indicative and subject to change. Actual rates may vary based on loan amount, tenure, and borrower profile. 💬 Contact our mortgage advisors to secure potentially lower rates than listed.

💡 Who This Is For:

Homeowners refinancing a home loan in Singapore who prefer more competitive upfront savings and are comfortable with short-term fluctuations. Ideal for those comparing rates for refinance mortgage or searching for the best refinance of home loan without locking into fixed rates too early.

👍 Key Benefits:

✅ Generally lower starting interest compared to fixed refinancing
✅ Transparent pricing tied to the MAS-endorsed 3M SORA benchmark
✅ Savings potential if mortgage refinancing rates trend downward
✅ Flexibility to reprice your home loan or refinance again after lock-in
✅ Great for CPF-conscious owners, mid-term homeowners, or home loans refinance strategies

⭐ Ideal for:

Refinancers evaluating whether to float or fix in today’s rate environment — and those comparing refinancing home loan Singapore options for cost efficiency and future flexibility.

🛠️Hybrid Home Loan Packages (Fixed + Floating Combo)

Compare Hybrid Home Loan Refinancing Packages in Singapore (2025)

Bank	Fixed Portion Rate (Estimated)	Floating Portion Rate (Estimated)
DBS Bank (Two-In-One Loan)	50% fixed at 2.50% p.a.	50% at 3M SORA + 0.75% (~3.62% p.a.)
UOB Bank (Custom Hybrid Options)	Customizable split	Based on floating spread (~3.67% p.a.)
HSBC Singapore (Special Bundles)	Varies by offer	Floating based on 3M SORA benchmark

Rates are indicative and subject to change. Actual rates may vary based on loan amount, tenure, and borrower profile. 💬 Contact our mortgage advisors to secure potentially lower rates than listed.

💡 Who This Is For:
Homeowners seeking a balance between rate stability and market-linked savings — especially those exploring mortgage loan refinancing but unsure whether to fix or float fully. Ideal if you’re weighing reprice vs refinance or comparing the best to refinance mortgage options.

👍 Key Benefits:
✅ Fix part of your loan for stability while floating the rest for savings
✅ Reduce exposure to full market fluctuations — ideal in uncertain rate climates
✅ More flexible than traditional fixed or floating packages
✅ Suitable for high-value refinancing or home refinance on investment properties
✅ Great for those seeking the best refinance home loans with strategic rate risk management

📌 Important Note:
Hybrid packages — like DBS’s “Two-In-One” — offer a mix of fixed and floating. This is especially useful in home loan refinancing Singapore scenarios where market timing is unclear.

💸 Cash-Out Refinancing Options (Unlock Home Equity)

Compare Cash-Out Refinancing Options for Private Properties (2025)

Bank	Maximum Cash-Out LTV	Typical Cash-Out Interest Rate	Notes
DBS Bank	Up to 75% (incl. existing loan)	3M SORA + 0.80% (~3.67% p.a.)	Strong for private condos & landed
OCBC Bank	Up to 75% (incl. existing loan)	3M SORA + 0.80% (~3.67% p.a.)	Good for both residential & commercial
UOB Bank	Up to 75% (incl. existing loan)	3M SORA + 0.85% (~3.72% p.a.)	Flexible for multiple property owners

💡 Who This Is For:
Private property or condo owners looking to unlock extra capital from their home’s appreciated value — without needing to sell their property. Especially useful for those comparing loan refinance options or seeking flexible mortgage refinance paths in Singapore.

👍 Key Benefits:
✅ Access up to 75% of your home’s value (including existing mortgage)
✅ Tap into your equity for business, investment, tuition, or personal needs
✅ Maintain full property ownership while leveraging its market value
✅ Typically lower refi home loan rates than unsecured credit options
✅ Flexible repayment based on your refinancing strategy

📌 Important Considerations:

TDSR compliance applies (max 55% monthly debt obligation).
Best suited when your property’s market value has risen significantly.
Most lenders require a professional valuation (about $400–$500).

This option is ideal for those seeking the best mortgage lenders for refinancing, comparing refinance rates mortgage options, or evaluating Singapore refinancing home loan strategies.

Let me know if you’d like this tailored further by lender or combined with equity loan comparisons.

💰 Costs Involved in Refinancing (Legal, Valuation, Subsidies)

Understanding Legal Fees, Valuation Costs, and Subsidies When Refinancing (Guide)

Bank	Fixed Rate Packages	Floating Rate Packages	Notable Features
DBS Bank	2-Year Fixed at 2.50% p.a. 3-Year Fixed at 2.55% p.a.	3M SORA + 0.80% (~3.67% p.a.)	Fast digital approvals, clear SORA options.
OCBC Bank	2-Year Fixed at 2.55% p.a. 3-Year Fixed at 2.60% p.a.	3M SORA + 0.80% (~3.67% p.a.)	Eco-Care Home Loan rewards for energy-efficient condos.
UOB Bank	2-Year Fixed at 2.58% p.a. 3-Year Fixed at 2.63% p.a.	3M SORA + 0.85% (~3.72% p.a.)	Go Green Loan with cash rebates, strong stability reputation.
Maybank	2-Year Fixed at 2.53% p.a. 3-Year Fixed at 2.58% p.a.	3M SORA + 0.75% (~3.62% p.a.)	Often the lowest spread on floating-rate packages.
HSBC Singapore	2-Year Fixed at 2.54% p.a. 3-Year Fixed at 2.59% p.a.	3M SORA + 0.78% (~3.65% p.a.)	Strong international support; competitive for high-net-worth clients.

📢 Note: Figures are indicative. Actual costs vary slightly depending on property type, law firm, and specific bank requirements.

📌 Understanding Refinancing Costs in Singapore

When considering a refinance housing loan, it’s not just about the headline interest rates. You’ll also need to account for associated costs such as:

Legal fees
Valuation reports
Mortgage discharge and registration charges

Many banks help offset these expenses with cash subsidies or legal fee reimbursements, especially when you’re switching for better home refinance loan rates.

Whether you’re exploring refinance loan mortgage plans for your condo, HDB, or landed home, knowing the true net cost after subsidies can make a big difference in your savings.

This guide is particularly relevant for those comparing refinancing property options or seeking mortgage refinancing Singapore deals with lower total cost of switching.

🏡 When Should You Refinance? (Timing & Tips)

🕰️ Best Time to Refinance Your Home Loan in Singapore (Expert Guide)

Timing your home refinancing loan right can save you thousands — but getting it wrong could mean missed opportunities or avoidable penalties. Whether you’re eyeing better mortgage refinance rates, repricing your loan, or exploring property refinancing, here’s how to time it smartly:

✅ 1. Begin Comparing 6–12 Months Before Lock-In Ends

Start reviewing options 6 to 12 months before your current lock-in expires. Banks typically need 2–3 months to process a house refinance, so early planning is key.

This buffer lets you:

Lock in more competitive home loan refinance rates before market changes
Avoid early redemption penalties

🔁 2. Check for Free Repricing Periods

Some banks offer free mortgage reprice windows during or after your lock-in period.

If available, internal repricing could help you skip legal fees and avoid the paperwork of refinancing — though it’s still worth comparing with external bank offers to ensure the best value.

📉 3. Refinance If You’re Paying Over 3%

Still on a mortgage rate above 3% p.a.? You’re likely overpaying. With current mortgage refinance rates significantly lower, even a 0.5%–1% drop can save you $5,000 to $20,000+ over your loan term.

🏁 4. Key Milestones That Make Refinancing Ideal

Refinancing isn’t just about rates — timing it with life or property milestones can also unlock savings:

Post Lock-In Expiry: No penalties apply
After TOP (BUC Loans): Shift from progressive to full loan for better rates
After MOP (ECs): Refinance to private bank loans with improved terms
Before Major Life Moves: Selling, upgrading, or cashing out equity

⚠️ 5. Common Refinancing Mistakes to Avoid

❌ Waiting until your lock-in expires to begin shopping
❌ Only checking your existing bank’s repricing options
❌ Overlooking legal fees or valuation costs
❌ Choosing the lowest rate without considering future refinancing flexibility

💡 Pro Tip:

The best time to refinance is when you can secure long-term savings, improved flexibility, and peace of mind — ideally before your current rate or terms worsen.

At Ace Mortgage Advisory, we help you compare the best refinance loan mortgage options, calculate your net savings, and avoid hidden pitfalls — all at no cost to you.

Looking to explore current home loan refinance rates or get help with your property refinancing strategy?

🚀 Bonus Tips When Refinancing Your Home Loan

💡 Pro Tips to Maximize Savings When Refinancing Your Mortgage in Singapore

Refinancing your home loan isn’t just about chasing the lowest rate — it’s about maximizing your long-term savings, reducing costs, and building flexibility into your financing. Whether you’re exploring refinance home loan rates or learning how to refinance a mortgage smartly, these expert tips will help you make the most of the opportunity:

⏰ 1. Time Your Move Strategically

Avoid refinancing during your lock-in period unless the savings far outweigh the penalty fees.

📌 Best practice: Start comparing mortgage rates for refinance about 6 months before your lock-in expires. This gives you room to evaluate loan refinancing offers and secure attractive rates before your repricing window closes.

⚠️ 2. Be Aware of Subsidy Clawbacks

Many banks offer legal and valuation subsidies — but they often come with a minimum commitment period (typically 2–3 years).

💡 If you plan to sell your home soon, ensure you won’t be penalized by having to repay the subsidy. Proper planning avoids hidden costs in your refinancing mortgage decision.

🔁 3. Compare Repricing vs Refinancing

Don’t overlook internal repricing options from your current lender. Sometimes, a simple mortgage reprice can offer comparable savings to full refinancing — without the legal fees.

✅ Work with an advisor who can compare both refinancing home loan and repricing options side by side — like we do at Ace Mortgage Advisory.

🤝 4. Negotiate — Don’t Just Accept What You’re Offered

Banks don’t always advertise their best mortgage refinance rates publicly.
Experienced mortgage brokers can negotiate for:

Lower spreads
Waived legal/admin fees
Shorter lock-in periods
Free repricing options post-lock-in

🔑 You could save more simply by working with a broker who knows how to negotiate with banks.

🔄 5. Look Beyond the Rate

Yes, refinance mortgage rates matter — but other features can make or break the deal in the long run:

Free conversion to floating rates in future
Waived repricing or prepayment penalties
Flexibility to refinance again with no extra costs

💬 A slightly higher rate with better terms can result in greater overall savings — especially if you value flexibility.

🧠 Final Thought:

The smartest home loan refinancing decisions come from looking at the full picture — not just the headline rate. Consider total costs, future flexibility, and your financial goals.

At Ace Mortgage Advisory, we help you compare rates for mortgage refinance, identify hidden costs, and negotiate better-than-public offers — all at zero cost to you.

✅ Whether you’re new to refinancing a mortgage or just want a second opinion, we’re here to help you refinance smarter, not just cheaper.

Compare Best Home Loan Refinance Packages for Maximum Savings

Whether you’re refinancing your HDB flat, private condominium, landed property, or investment home, choosing the right refinancing package can unlock huge interest savings and future-proof your financial plans. Smart refinancing helps you lower your monthly repayments, optimize CPF usage, reset your lock-in terms, and restructure your mortgage strategically for the next property cycle.

Access the best fixed, floating, and hybrid refinancing packages from top Singapore banks
Tailor your refinancing based on TDSR calculations, CPF strategies, and loan tenure optimization
Receive expert advice on lock-in expiry planning, subsidy maximization, and repricing strategies
Enjoy a fully guided, hassle-free refinancing experience — from consultation to full disbursement

Best Refinance Mortgage Loans for HDB, Condos, Landed & Investment Properties

Refinancing isn’t just for interest rate savings — it’s a powerful tool to restructure your mortgage for better cash flow, CPF usage, and future property ambitions. Whether you’re refinancing an HDB flat to a bank loan, switching your private condo loan to a lower rate, or adjusting your landed property financing, securing the right refinancing package is key to unlocking long-term financial benefits. We help you compare the latest refinancing offers, explain CPF refund rules (for HDB), advise on legal subsidy strategies, and optimize your loan restructuring for bigger savings and flexibility.

Compare fixed vs floating refinance packages (and when each makes sense)
Understand refinancing timelines, lock-in expiry, and notice periods
Get personalized advice for CPF refunds, cash-out refinancing, and bridging needs
Discover how repricing compares to refinancing — and which saves you more in the long run

Fast-Track Your Approval — With the Best Home Loan Refinancing

In a rising interest rate environment, speed is crucial. Refinancing early — before your lock-in expires or market rates climb — can save you tens of thousands in long-term interest costs. At Ace Mortgage Advisory, we simplify the entire refinancing journey for you — from rate comparisons to IPA applications, paperwork coordination with banks and lawyers, and full management of disbursement logistics — so you enjoy maximum savings with minimal effort.

Quick eligibility checks — minimal paperwork needed at the start
Fast In-Principle Approval (IPA) submissions to lock in your loan amount
Step-by-step CPF usage guidance for downpayment and monthly installments
Full coordination with banks, lawyers, and agents — at zero cost to you

Get Started With Refinance Mortgage Singapore Advice

✅ Refinancing specialists with deep experience in HDB, condo & landed property loans
✅ Independent advice tailored to your lock-in period, CPF usage, and interest savings goals
✅ Fast, stress-free guidance on TDSR calculations, cash-out options, and loan restructuring

All You Need to Know About Mortgage Refinance Loans

Compare the Latest Refinancing Home Loan Rates in Singapore

If you’re looking to reduce your mortgage costs, free up cash flow, or switch to a more suitable loan structure — refinancing your home loan can unlock major savings. But it all starts with comparing the most competitive refinance loan packages available today.

Whether you’re refinancing an HDB flat, private condo, or landed property, Singapore’s top banks offer attractive fixed, floating, and hybrid packages — each with its own set of lock-in periods, interest rates, and repricing terms.

Compare Bank Refinancing Rates (July 2025)

Bank	2-Year Fixed Rate	Floating (3M SORA + Spread)	Estimated Floating Rate
DBS Bank	2.50% p.a.	3M SORA + 0.80%	~3.67% p.a.
OCBC Bank	2.55% p.a.	3M SORA + 0.80%	~3.67% p.a.
UOB Bank	2.58% p.a.	3M SORA + 0.85%	~3.72% p.a.
Maybank	2.53% p.a.	3M SORA + 0.75%	~3.62% p.a.
HSBC Singapore	2.54% p.a.	3M SORA + 0.78%	~3.65% p.a.

Rates are indicative and subject to change. Actual rates may vary based on loan amount, tenure, and borrower profile. 💬 Contact our mortgage advisors to secure potentially lower rates than listed.
💡 Why Compare Refinance Packages Now?

✅ Enjoy promotional interest rates (limited-time refinance deals)

✅ Avoid rate hikes when your lock-in expires

✅ Take advantage of free legal/valuation subsidies

✅ Improve monthly cash flow with better loan structuring

✅ Consolidate multiple loans or restructure tenure for long-term savings

🟢💬 Get a Personalized Refinance Quote Now

🔁 Fixed vs Floating Rate Home Loans — What’s Better for Refinancing in Singapore?

When it comes to refinancing your home loan, one of the most important decisions is whether to go with a fixed rate or floating rate package. The choice affects your monthly repayments, long-term savings, and how you manage your cash flow — especially in a fluctuating rate environment like Singapore’s.

Let’s break down the pros, cons, and ideal scenarios for each.

🔒 Fixed Rate Refinance Home Loans

A fixed rate refinancing package offers interest rate stability for 2 to 3 years — ideal if you value predictability and want protection from potential interest rate hikes.

✅ Best suited for:

Homeowners expecting rates to rise
Families who prefer stable, fixed monthly payments
Retirees or long-term property holders seeking peace of mind

🔑 Benefits of Fixed Rate Refinancing:

Lock in a guaranteed refinance mortgage interest rate for 2–3 years
No unexpected jumps in monthly repayments
Easier cash flow and budget planning
Especially useful for larger loan amounts or longer tenures

🌊 Floating Rate Refinance Loans (Pegged to 3M SORA)

Floating home loan refinancing packages are tied to the 3-month SORA benchmark — published and regulated by MAS. These rates are updated daily and often start lower than fixed rates, offering potential savings if market conditions remain stable.

✅ Best suited for:

Borrowers who believe interest rates will drop or stay flat
Savvy homeowners comfortable with some fluctuation
Owners who plan to reprice or refinance again after lock-in

🔑 Benefits of Floating Rate Packages:

Lower initial refinance home loan rates than fixed options
Transparent pricing based on MAS-endorsed benchmarks
Flexibility to refinance or reprice again later
Suitable for short-to-mid-term loan strategies

🤔 Fixed or Floating — Which Is Better for You?

There’s no one-size-fits-all answer. The right decision depends on:

Your remaining loan tenure
Interest rate outlook
CPF usage and cash flow goals
Whether you plan to upgrade, sell, or refinance again

At Ace Mortgage Advisory, we provide a free side-by-side simulation comparing home refinance loan structures — calculating total interest paid, monthly savings, and repricing flexibility.

💬 Let’s help you decide smarter — not just cheaper.
Speak to us on WhatsApp today to compare your home loan repricing and refinancing options.

🟢💬 Get a Personalized Refinance Quote Now

⚖️ Hybrid Home Loans in Singapore — Blend Fixed & Floating for Flexibility and Savings

Can’t decide between fixed or floating rates when refinancing? A hybrid home loan might be your ideal solution. This unique refinancing structure splits your mortgage into two portions — one fixed, one floating — offering the security of stable repayments and the potential savings of market-linked rates.

Hybrid refinancing is increasingly popular among savvy homeowners in Singapore who want to balance risk, protect against rate hikes, and maintain future refinancing or repricing flexibility.

🔄 How Hybrid Home Loan Refinancing Works

Your outstanding housing loan is typically split as follows:

50% Fixed Rate – e.g. 2.55% p.a. (locked in for 2–3 years)
50% Floating Rate – e.g. 3M SORA + 0.80% (≈ 3.67% p.a.)

This strategy allows you to hedge your bets — keeping part of your loan stable while still enjoying potential interest savings if SORA rates decline.

✅ Hybrid refinance housing loan rates are currently offered by:

DBS (Two-in-One Loan)
UOB (Custom Hybrid Splits)
Standard Chartered (Promotional Bundles)

💡 Who Should Consider a Hybrid Refinance Loan?

Homeowners who want partial stability with room for rate drops
Borrowers planning to sell, upgrade, or rent within 3–5 years
CPF users seeking to diversify repayment exposure
Anyone unsure where rates are headed, but not ready to commit 100% to fixed or floating

🔑 Key Benefits of Hybrid Home Loan Refinancing

Lock in part of your loan for predictable repayments
Benefit from lower floating rates if interest rates fall
Reduce full exposure to rate fluctuations
Ideal for long-term planners, investors, and high-ticket property holders
More flexibility to reprice or refinance after the lock-in period

🧠 Ace Mortgage Helps You Customize the Best Hybrid Plan

With multiple banks offering hybrid packages — and terms that vary by month — it’s essential to structure the loan split correctly for your risk profile.

Our advisors help you:

Tailor your fixed/floating ratio
Spot the best home loan refinancing promos
Run loan refinance mortgage simulations for long-term savings
Navigate lock-in terms, CPF strategy, and interest forecasts

💬 Want the best of both worlds for your refinancing strategy?
Let us help you compare refinancing home loan options and lock in a package that works for your lifestyle and future goals — all at no cost to you.

🟢💬 Chat With Ace Mortgage Advisor

Understanding the Costs of Refinancing: Legal, Valuation & Subsidies

When refinancing your home loan, it’s important to account for the associated costs — primarily legal fees and valuation fees. These aren’t hidden costs, but they can affect your total refinancing benefit if not properly accounted for.

Fortunately, most banks offer subsidies to offset these expenses, especially if your loan amount meets the minimum threshold (usually $500,000 and above).

ongoing financial litigation

📌 Breakdown of Refinancing Costs (2025 Estimates):

Item	Estimated Cost (SGD)	Remarks
Legal Fees	$1,800 – $2,500	Covers conveyancing, discharge & mortgage setup
Valuation Fees	$250 – $500	Varies by property type and location
Fire Insurance (Bank)	$100 – $300 (annually)	Required if CPF is used for repayments
Admin Fees (if any)	$0 – $200	Waived by most banks

💡 Tips to Minimize Refinancing Costs:

✅ Choose a bank that offers full subsidies

✅ Work with panel law firms approved by the bank

✅ Time your refinancing so you avoid early redemption penalties

✅ Let Ace Mortgage handle your paperwork — we’ll recommend the lowest-cost option

🤝 We’ll Help You:

✔ Get subsidized refinancing packages
✔ Coordinate with law firms and valuers
✔ Ensure you don’t overpay or face hidden costs

🟢💬 Estimate Legal & Valuation Fees Now

When Is the Right Time to Refinance Your Home Loan?

Refinancing your home loan at the right time can save you tens of thousands in interest, reduce your monthly repayments, or give you more flexibility in managing your cash flow. But how do you know when it’s actually worth it?

Below are the key indicators that it’s time to act:

🧠 Smart Timing Signals for Refinancing:

Trigger	Why It Matters
Your lock-in period is ending soon	You’re free to switch without paying penalties
Your interest rate has jumped post-promotional period	Time to secure a better rate with another bank
You’ve held your loan for 2–3 years	Rates may have dropped since you started your loan
You want to change from floating to fixed (or vice versa)	To adapt to market conditions and reduce volatility
You want to extend or shorten your loan tenure	For monthly payment relief or faster loan freedom
Your outstanding loan is still > $300,000	Banks offer the best subsidies for larger loans

💡 Pro Tip:

You can start your refinancing process 2–3 months before your lock-in ends to ensure a seamless transition and avoid paying a higher rate temporarily.

⚠️ Common Mistake to Avoid:

Waiting until your interest rate jumps before comparing refinancing packages. By then, you may lose months of potential savings.

🟢 How Ace Mortgage Helps:

✅ Monitor your lock-in expiry for you

✅ Alert you when refinancing becomes beneficial

✅ Compare all bank rates and options in advance

✅ Handle paperwork, lawyer coordination & CPF arrangements

📞 Don’t wait until rates go up — speak to us early to secure better savings.

🟢💬 Find Your Refinance Timing

Should You Refinance or Reprice Your Home Loan?

When your home loan lock-in period ends, you’ll typically face two options:

Refinancing – switch your loan to a different bank

Repricing – switch to a new package within your current bank

While both aim to lower your interest rate, the benefits, costs, and flexibility can differ significantly. Here’s how they compare:

📊 Refinance vs Reprice Comparison Table:

Feature	Refinance (Switch Bank)	Reprice (Same Bank)
Interest Rates	Usually lower with better promotional rates	Often higher than competitor offers
Cash Rebates / Subsidies	Legal & valuation subsidies	Rarely any subsidies
Processing Time	3–5 weeks (involves legal conveyancing)	1–2 weeks (internal process)
Paperwork	New loan application + legal	Minimal forms required
Lock-in Period	Often new 2–3 year lock-in	May have shorter/no lock-in
Flexibility	Full switch to preferred rate structure (e.g., SORA, fixed, hybrid)	Limited packages available internally
CPF Usage & Legal Fees	Handled by lawyer (fully reimbursed if subsidies apply)	No legal involved, but CPF usage changes may be restricted

✅ Why Refinancing Is Often Better:

Access the most competitive rates across all banks
Enjoy legal and valuation subsidies that cover most costs
Switch to packages with better lock-ins, flexibility, or hybrid options
Greater CPF structuring flexibility (e.g., adjusting cash flow)

Repricing is only recommended if your loan is very small (under ~$200,000) or if you’re still in a short lock-in with early redemption penalties.

💡 Real-Life Example:

A homeowner with a $500,000 loan refinanced from a 3.5% repriced rate to a 2.60% fixed-rate package.
Saved over $25,000 in interest over the remaining loan tenure — even after legal fees.

🟢 How Ace Mortgage Helps:

Compare all refinance and repricing options
Explain pros & cons specific to your situation
Help you qualify for subsidies
Make the switch hassle-free — for free

🔴 Get unbiased advice now — no pressure, just smart guidance.

🟢💬 Which Option Fits You Best?

🏠 How to Refinance Your Home Loan in Singapore (Step-by-Step Guide)

Refinancing your home loan doesn’t have to be complex. Whether you’re aiming to lower your monthly repayments, secure a better rate, or switch loan types, Ace Mortgage Advisory makes the process simple, efficient, and stress-free — at no cost to you.

Here’s how we help you refinance with confidence:

✅ Step 1: Get a Free Refinancing Assessment

We start with a short, obligation-free chat to understand your situation:

Current mortgage package and outstanding loan
Property type (HDB, condo, landed) and loan tenure
Whether you’re still in a lock-in period
Your goals: lower rates, shorten tenure, or switch banks

📞 No paperwork needed to begin — just a quick consultation to explore your options.

✅ Step 2: Compare Refinance Offers & Project Savings

We’ll walk you through:

The latest refinance mortgage loan rates from all major banks
Fixed, floating, and hybrid options based on your needs
A full cost breakdown: legal fees, subsidies, penalties (if applicable)
Projected savings over 1, 3, and 5 years

📊 You’ll see clearly which offer gives you the best value, not just the lowest refinancing mortgage interest rates.

✅ Step 3: Submit Application for In-Principle Approval (IPA)

Once you’ve selected a package, we’ll handle the paperwork and liaise directly with the bank.

📝 You’ll need to provide:

NRIC (front and back)
Last 3 months of income documents (payslips or NOA)
Existing loan statement(s)
CPF Property Withdrawal Statement
Latest property tax bill or maintenance invoice (if applicable)

✅ Step 4: Legal & Valuation Arranged for You

We’ll help appoint a law firm from the bank’s panel and schedule your property valuation.

💼 Most banks offer subsidies (up to $2,500) to offset legal and valuation fees — often covering them entirely.

✅ Step 5: Approval, Disbursement & You Start Saving

Once the checks are complete:

You’ll sign the new loan’s Letter of Offer
The bank will redeem your old loan and disburse the new funds
Your new monthly instalments begin — often at a significantly reduced rate

🎉 Congratulations! You’ve just optimized your loan for greater long-term savings.

🟢 Why Refinance with Ace Mortgage Advisory?

100% free, impartial service
Full access to all banks’ refinance mortgage loan rates and promos
Legal and CPF coordination handled for you
Post-refinancing support for future repricing or restructuring
Trusted by 1,000+ Singapore homeowners

💬 Ready to explore smarter refinancing — with zero stress?

Tap into the best refinancing mortgage interest rates in Singapore.
🟢 Start with a Free Consultation Today

🔁 Apply for a Home Loan Refinance — Fast, Free & Hassle-Free

Looking to lock in better home loan refinancing rates or get more flexibility on your mortgage? Let Ace Mortgage Advisory handle it from start to finish — with no cost to you.

Whether you’re switching from DBS to UOB, OCBC to HSBC, or simply comparing offers, our expert advisors guide you every step of the way.

✅ Why Refinance with Ace Mortgage?

✔ Get access to exclusive promotions from DBS, OCBC, UOB, Maybank, HSBC & more
✔ Receive personalised advice based on your property type and goals
✔ Enjoy full coordination — bank, law firm, and CPF all handled for you
✔ Pay absolutely zero fees — our service is 100% free

📂 What You Need to Get Started (No OTP Required)

Just a few details are enough to begin:

Existing loan info (bank, balance, interest rate)
Your income (recent payslips or Notice of Assessment)
Basic property info (type, value, location)

💡 With this, we’ll generate a complete comparison with real savings based on current home refinancing interest rates.

🧠 Still Within Lock-In? No Problem.

We’ll assess:

If free repricing is available
Potential early redemption penalties
Whether it still makes sense to refinance based on projected savings

✅ Sometimes refinancing before your lock-in ends still results in thousands saved — and we’ll run the numbers to show you clearly.

💬 Ready to Start?

Click below to WhatsApp our team. We’ll assess your situation, compare rates, and help you apply — all in under 2 minutes.

🟢💬 Apply Now via WhatsApp
⏱️ No pressure. No fees. Just clear advice to help you save smart.

🏠 How to Refinance Your Home Loan in Singapore

We’ll Handle Your Refinancing Mortgage Loans With Ease

1. Compare Refinance Loan Packages

We start by comparing fixed, floating (SORA-pegged), and hybrid packages from all major banks — tailored to your property type, remaining tenure, and financial goals. Whether you're refinancing from DBS to UOB, OCBC to HSBC, or just checking if you can reprice for less — we’ll show you the real numbers and help you make the smartest choice.

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2. Apply for In-Principle Approval (IPA)

Before switching banks, you need to confirm your loan eligibility, CPF usage, and TDSR compliance. We guide you through the IPA process so you know exactly how much you can borrow, how much you’ll save, and what your new repayments will look like.

Apply for IPA Now

3. Submit & Let Us Handle the Legal Work

Once you're happy with your chosen package, we’ll coordinate directly with the bank, your lawyer, and CPF Board to handle everything from the Letter of Offer to legal documentation. We ensure smooth, accurate, and timely execution — so you don’t have to stress about the fine print.

Speak to a Refinance Expert

4. Loan Disbursement & Instant Savings

Once legal completion is done, your old bank loan is redeemed, and your new home loan starts — at better rates, with better terms. You’ll immediately enjoy savings on your monthly installments and long-term interest, and we’ll continue to track your loan for future repricing or refinancing opportunities.

Get Started Today

Get Expert Help with Your Home Loan Refinance — At Zero Cost

Thinking about refinancing your existing mortgage? Whether your lock-in period is ending or you’re simply overpaying on interest, Ace Mortgage Advisory offers 100% free guidance to help you save more, faster.