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Maybank home loan rates Singapore 2026

Get the latest Maybank home loan promo rates in Singapore, including packages for new HDB flat purchases, private property, building-under-construction (BUC) loans, and refinancing. Through DollarBack Mortgage, you can access Maybank packages that include rates not publicly listed on the bank's website, alongside subsidies and cash rewards.

Up to $2,500 Rewards

Maybank Subsidies & Rebates

Up to $2,500

Compare Maybank Rates

Using DollarBack Mortgage costs you nothing. Banks pay us a referral fee as standard practice, the same way they pay their own mortgage specialists. Your loan rate is identical whether you apply through us or walk into a Maybank branch directly. The difference is that through DollarBack, you get up to $3,300 in cash rewards on top of whatever Maybank is offering.

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Overview of Maybank Home Loan Rates In Singapore

Maybank Home Loan Rates in Singapore

Maybank Home Loan Features and Benefits

Pros and Cons of Maybank Home Loans

Maybank Home Loan Eligibility and Required Documents

Is a Maybank Home Loan Right for You?

Why Use DollarBack Mortgage for your Maybank Home Loan?

How to Apply for a Maybank Home Loan through DollarBack Mortgage

Client Reviews

Common Questions about Maybank Home Loans in Singapore

Related Services

Maybank home loan rates in Singapore

Maybank floating-rate home loans

Loan Category	Package	Peg/Type	Headline Rate (current)	Lock-in	Remarks
Floating (completed)	1-Month Compounded SORA (Completed Properties)	1M Compounded SORA	SORA + 0.80% p.a.	2 yrs	Lower rates are available depending on loan amount
Floating (completed)	3-Month Compounded SORA (Completed Properties)	3M Compounded SORA	SORA+0.70% p.a.	2 yrs	Lower rates are available depending on loan amount
Fixed (completed)	2-Year Fixed Rate	Fixed → 1M SORA (reversion)	1.65% p.a.	2 yrs	Lower rates are available depending on loan amount
BUC	1-Month Compounded SORA (BUC)	1M Compounded SORA	SORA + 0.75% p.a.	No lock-in	Lower rates are available depending on loan amount
BUC	3-Month Compounded SORA (BUC)	3M Compounded SORA	SORA + 0.70% p.a.	No lock-in	Lower rates are available depending on loan amount
BUC (Green)	Maybank Green Home Loan (BUC variant)	SORA-pegged (spread not separately disclosed)	Check with a Dollarback Mortgage Specialist	No lock-in	Lower rates are available depending on loan amount
Refinance	HDB/Private Home Loan Refinancing (Cash Rebate)	Underlying floating/fixed package + rebate	Check with a Dollarback Mortgage Specialist	2 yrs	Cash gift = 0.5% of the refinancing loan amount, capped at S$2,500

Maybank’s floating packages are pegged to 3M SORA, the 3-month Singapore Overnight Rate Average published by MAS. SORA is a transparent, market-determined benchmark based on actual overnight interbank transactions and replaced SIBOR and SOR as the standard Singapore floating rate peg. In the declining rate environment of 2025 and into 2026, 3M SORA-pegged packages have tracked progressively lower, benefiting borrowers on floating rates.

Maybank fixed-rate home loans

Package	Fixed Period	Headline Rate	Rate After Lock-in	Redemption Penalty
2-Year Fixed Rate	2 yrs	1.45% – 1.65% p.a.	1M SORA + 1.50% p.a. thereafter	0.75%–1.50%

Maybank’s 2-year fixed packages are frequently the lowest available in the Singapore market for both HDB and private property at this tenure. Selected packages include a free repricing option within the lock-in period, allowing borrowers to switch to another Maybank package without paying the standard $500 to $800 conversion fee. This combination — lowest headline fixed rate plus the flexibility to reprice mid-lock-in — is Maybank’s clearest structural advantage over other banks. Some packages require a qualifying Maybank savings deposit, typically $30,000 to $50,000, to access the lowest advertised rate. After the lock-in period, the rate reverts to 3M SORA plus the applicable spread.

Maybank BUC home loans

Package	Peg	Mechanism	Green Loan
1-Month Compounded SORA (BUC)	1M Compounded SORA	Standard progressive/staged drawdown; includes 2x free loan conversion (1st drawdown→TOP, and TOP→within 6 months of TOP)	Yes
3-Month Compounded SORA (BUC)	3M Compounded SORA	Standard progressive/staged drawdown	NA
Maybank Green Home Loan (BUC variant)	SORA-pegged (spread not separately disclosed)	Uses “the most competitive SORA package rates”; includes free loan conversion during construction	Yes

For private properties under construction, Maybank offers 3M SORA-pegged floating packages. During the progressive payment period, interest is charged only on the amount disbursed to the developer, not the full loan amount. This keeps monthly costs lower during construction and means borrowers automatically benefit from SORA decreases throughout the construction period without needing to reprice.

Maybank refinancing rates

Package	Rate Structure	Cash Rebate	Fee Treatment	Redemption Penalty	Remarks
HDB/Private Home Loan Refinancing (Cash Rebate)	Rate of whichever floating/fixed package is chosen (see Tables above)	Cash gift = 0.5% of the refinancing loan amount, capped at S$2,500	Reimbursement basis	0.75%–1.50%	36-month clawback if the loan is cancelled, prepaid, or restructured early.

Maybank offers fixed and floating refinancing packages, and selected refinancing packages include free repricing within the lock-in period — the same flexibility available on new purchase packages. Maybank also provides cash rebates for refinancing cases, which can offset legal and valuation fees. Combined with DollarBack’s up to $3,300 in additional rewards, refinancing to Maybank can result in a net-positive outcome after accounting for all upfront costs.

Maybank home loan features and benefits

Consistently the lowest 2-year fixed rate in the market

Maybank’s 2-year fixed packages for HDB and private property appear regularly at or near the top of Singapore home loan rate comparisons. For borrowers whose primary objective is minimising interest cost during the lock-in period, Maybank is typically the first bank to check. The combination of a low 2-year fixed rate and the free repricing option on selected packages gives borrowers rate certainty and flexibility simultaneously.

Free repricing within the lock-in period

Selected Maybank packages allow borrowers to switch to another Maybank package within the lock-in period without paying the standard repricing or conversion fee, which banks typically charge at $500 to $800. This is particularly valuable in a declining rate environment.

100% lock-in waiver on sale

On selected Maybank packages, the full early redemption penalty is waived if the loan is redeemed because you are selling the property. The standard penalty is 1.5% of the outstanding loan amount — on a $500,000 balance, a 100% waiver saves $7,500. This is the same level of sale protection offered by DBS on selected packages, and better than the 50% waiver UOB provides.

Free partial prepayment

Selected Maybank packages allow partial prepayment of the principal without the standard early redemption penalty, up to a defined amount or percentage of the outstanding loan. This is useful for borrowers who have saved up and want to reduce total interest and shorten loan tenure without fully redeeming the loan.

Deposit requirement for some packages

Some of Maybank’s most competitive fixed rates require a qualifying savings deposit held with Maybank, typically in the range of $30,000 to $50,000. This deposit earns the standard savings rate at Maybank and is not locked into the mortgage, but it does need to be maintained at Maybank while the package is active.

Maybank iSAVvy savings account

Maybank’s iSAVvy savings account offers tiered interest rates linked to holding multiple Maybank products. Borrowers who already hold Maybank savings, insurance, or investment products may unlock additional interest tiers by adding a home loan to their Maybank relationship.

Pros and cons of Maybank home loans

Pros	Cons
Consistently among the lowest 2-year fixed rates in Singapore for both HDB and private property.	Some of Maybank’s lowest rates require a qualifying savings deposit of $30,000 to $50,000 held with Maybank. Borrowers who do not currently bank with Maybank need to factor in the cost of setting up and maintaining this deposit when comparing the effective rate against other banks.
Free repricing on selected packages within the lock-in period, allowing a switch to a better rate without conversion fees if market conditions improve.	Post lock in floating spreads can be higher than some competitors if the loan is not repriced proactively when the lock in ends.
100% lock-in waiver on sale on selected packages.
Free partial prepayment on selected packages, allowing lump-sum principal reduction without triggering early redemption penalties.

Maybank home loan eligibility and required documents

TDSR and MSR

All Maybank bank home loans are subject to the Total Debt Servicing Ratio (TDSR) framework set by MAS. Your total monthly debt obligations, including the new home loan, cannot exceed 55% of your gross monthly income. For HDB flat purchases financed with a bank loan, the Mortgage Servicing Ratio (MSR) also applies.

Loan-to-Value (LTV)

For borrowers with no outstanding home loans, LTV is up to 75% of the property’s purchase price or valuation, whichever is lower. Maybank’s minimum loan amount for qualifying packages is $200,000. If you already have an outstanding home loan, LTV limits are lower. A DollarBack consultant can calculate your exact LTV position and confirm the minimum loan threshold for the package you are considering.

Required documents

Standard documents for a Maybank home loan application:

NRIC (or passport and employment pass for non-citizens)
Latest 3 months’ payslips
CPF contribution history for the past 12 months
Latest IRAS Notice of Assessment
Option to Purchase (OTP) or Sale and Purchase Agreement
Statements for all existing credit facilities

Approval timeline

From complete document submission, Maybank typically processes approvals within 7 to 21 days. DollarBack Mortgage provides status updates every two days throughout the process so you are not left waiting without information.

Is a Maybank home loan right for you?

Borrowers seeking the lowest fixed rate

If the primary objective is the lowest possible 2-year fixed rate, Maybank is typically the first bank to check. Its fixed packages regularly come in below the local Big 3 at the 2-year tenure for both HDB and private property. The free repricing option on selected packages makes Maybank’s rate advantage even more compelling: you get the market’s lowest fixed rate and the ability to capture further reductions mid-lock-in if rates fall.

HDB flat buyers and refinancers

Maybank’s 2-year fixed packages for HDB are consistently competitive. For HDB buyers who want a low rate from a Qualifying Full Bank with a long Singapore presence, Maybank is a credible alternative to the local Big 3. HDB refinancers who have a lock-in ending soon and want to move to the lowest available rate with flexibility to reprice again within the new lock-in should include Maybank in their shortlist.

Borrowers who may sell within the lock-in period

The 100% sale waiver on selected Maybank packages removes the financial risk of selling during the lock-in window. On a $500,000 outstanding loan, avoiding the standard 1.5% penalty saves $7,500. For buyers who are purchasing a property they might upgrade from within 2 years, or for investors who may exit within the lock-in, confirming that the sale waiver applies to the chosen package is important.

Private property buyers who bank with Maybank

Borrowers who already hold Maybank savings or investment products, or who are prepared to place the qualifying deposit with Maybank to access preferential rates, may find Maybank’s all-in cost particularly competitive for private property. The deposit condition is manageable for borrowers who hold significant accessible savings and do not mind consolidating a portion with Maybank, especially if the interest saved on the mortgage outweighs any difference in deposit returns compared with another savings account.

Why use DollarBack Mortgage for your Maybank home loan?

Free service

DollarBack Mortgage’s service costs you nothing. Banks pay brokers a standard referral fee, the same fee structure that applies whether you use a broker or walk into a Maybank branch and speak to a bank-employed mortgage specialist. Your loan rate is not affected by using a broker. In many cases, the rates we access through Maybank include deviated packages below those on the Maybank website.

Access to unpublished rates

Maybank maintains rate packages not publicly displayed on its website, available only through the broker channel. Our consultants know what is currently available and present it before you compare.

Comparison across 16 banks

Before we recommend Maybank, we compare it against all 16 banks we work with. Maybank’s 2-year fixed rate is often the market’s lowest, but once the deposit condition is factored in, the effective all-in rate and total cost picture may shift. We do that calculation for you, including the deposit modelling, before making any recommendation.

Consultation and assessment

A DollarBack mortgage consultant reviews your financial position, property type, and loan requirement. We calculate your TDSR and MSR where applicable, confirm your LTV, and identify which Maybank packages match your situation, including whether the deposit condition applies to the packages being considered. We run a cross-bank comparison so you can see how Maybank stacks up against alternatives on an effective all-in cost basis before committing.

Prepare and submit documents

We shortlist the right Maybank package with you, then help prepare your application. You will need: NRIC, 3 months' payslips, 12-month CPF contribution history, IRAS Notice of Assessment, Option to Purchase or Sale and Purchase Agreement, and statements for all existing credit facilities. For packages with a qualifying deposit condition, evidence of the Maybank savings account and deposit balance will also be required. We submit to an assigned Maybank banker and provide status updates every two days.

Sign the offer after approval

Once Maybank approves your application (typically within 7 to 21 days from complete submission), a Letter of Offer is issued. We arrange a call to walk through the terms, including confirming any deposit conditions and the free repricing availability, before you accept. After acceptance, your assigned DollarBack consultant remains available through the conveyancing period for any follow-up questions.

Source: Google

Common questions about Maybank home loans in Singapore

Where can I compare Maybank home loan rates in Singapore?

DollarBack Mortgage is one of the most complete places to compare Maybank home loan rates in Singapore because we have access to deviated packages not publicly listed on the Maybank website, and we account for the deposit condition when comparing rates to give you an accurate effective all-in cost. Contact us for a full cross-bank comparison at no cost.

Why are Maybank fixed rates so competitive?

Maybank is one of the most aggressive banks in Singapore on 2-year fixed rates for both HDB and private property, and its packages regularly appear at the lowest end of market comparison tables. The competitive positioning is a deliberate strategy to attract mortgage customers, particularly at the 2-year fixed tenure where borrower price sensitivity is highest. That said, some of Maybank’s lowest rates carry a qualifying deposit condition, so the headline rate should be compared on a net effective basis. A DollarBack consultant can confirm the current rates, which packages carry the deposit condition, and whether Maybank is genuinely the cheapest option after all factors are considered.

What is the Maybank deposit condition for home loans?

Some of Maybank’s most competitive fixed-rate packages require a qualifying savings deposit held with Maybank — typically $30,000 to $50,000 — to access the lowest advertised rate. The deposit is held in a Maybank savings account and earns the standard savings rate. It is not locked into the mortgage and remains accessible. The condition is that the deposit must be maintained with Maybank while the package is active. A DollarBack consultant can confirm the current deposit threshold, which packages carry this condition, and model the effective net rate after accounting for the deposit return.

What is Maybank free repricing?

Free repricing means switching to another Maybank package within the lock-in period without paying the standard bank repricing or conversion fee, which typically runs $500 to $800. This is valuable in a declining rate environment: if SORA or fixed rates drop materially during your lock-in, you can move to a lower Maybank package without extra cost. Not all Maybank packages include free repricing — confirm with a DollarBack consultant which ones do before signing.

How much downpayment do I need for a Maybank home loan?

For HDB flats and private property financed with a Maybank bank loan, the minimum downpayment is 25% of the purchase price or valuation, whichever is lower. At least 5% must be paid in cash. The remaining 20% can be paid from your CPF Ordinary Account. Maybank’s minimum loan amount for qualifying packages is $200,000.

Can I refinance my existing home loan to Maybank?

Yes. Maybank offers fixed and floating refinancing packages, including selected packages with free repricing within the lock-in period. Maybank also provides cash rebates for refinancing which can offset legal and valuation fees. Combined with DollarBack’s up to $3,300 in additional rewards, refinancing to Maybank can result in a net-positive outcome. A DollarBack consultant can calculate whether a Maybank refinance is the lowest-cost option based on your current rate, outstanding balance, and loan amount.

Is DollarBack Mortgage's service free?

Yes, completely. Banks pay mortgage brokers a standard referral fee as part of their normal distribution cost. The same fee structure applies whether you use a broker or walk into the branch directly. Your loan rate is not higher because you used a broker. The DollarBack cash rewards you receive are separate from and additional to Maybank’s own promotions.