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Refinance HDB Loan

REFINANCE YOUR HDB HOME LOAN & GET CASH REWARDS

Let our professional mortgage consultants guide you in selecting the lowest HDB refinance home loan rates across 16 banks. Enjoy cash rewards up to $3,300 for your HDB flat refinance.

BE REWARDED

Legal Subsidies
Cash Rebates Up to $2,000
DollarBack Cash Reward
Up to $3,300
FULL RATES

WHY US?

waiver of upfront fees

Enjoy a full offset / waiver of all HDB home loan refinancing costs such as legal and valuation fees by almost all banks in Singapore. Plus, get additional cash rewards through DollarBack Mortgage once your HDB refinancing is confirmed with your desired bank.

exclusive refinancing packages

HDB refinancing packages vary from time to time with special promotions being launched for a limited period. Through our close partnerships with over 16 banks in Singapore, our mortgage consultants provide real time updates for you to lock in the lowest package whenever it is launched.

Professional Guidance

A preliminary analysis will be conducted to check if refinancing gives you the maximum savings. During the application, regular status updates will be provided by us until bank approval is granted. Upon acceptance of loan offer, our partner law firm will automatically begin the refinancing. This entire process will be managed by our mortgage consultants so that it is stress free for you.

BANK
LOAN TYPE
YEAR 1
YEAR 2
YEAR 3
3 YEARS AVG
YEAR 4
YEAR 5
YEAR 6
2 Year Fixed
*Limited Promo
1.20%
Fixed
1.20%
Fixed
xx%
xx%
Floating
xx%
Floating
xx%
Floating
xx%
Floating
Get rewards
2 Year Fixed
1.25%
Fixed
1.25%
Fixed
1.22%
1.15%
1M SIBOR
1.15%
1M SIBOR
1.15%
1M SIBOR
1.15%
1M SIBOR
Get rewards
3 Year Fixed
*Limited Promo
1.25%
Fixed
1.25%
Fixed
1.25%
1.25%
Fixed
xx%
Floating
xx%
Floating
xx%
Floating
Get rewards
3 Year Fixed
1.32%
Fixed
1.32%
Fixed
1.32%
1.32%
Fixed
1.15%
1M SIBOR
1.15%
1M SIBOR
1.15%
1M SIBOR
Get rewards
3 Year Fixed
1.38%
Fixed
1.38%
Fixed
1.38%
1.38%
Fixed
1.72%
Fixed Deposit
1.72%
Fixed Deposit
1.72%
Fixed Deposit
Get rewards
2 Year Fixed
1.45%
Fixed
1.45%
Fixed
1.38%
1.25%
1M SIBOR
1.25%
1M SIBOR
1.25%
1M SIBOR
1.25%
1M SIBOR
Get rewards
2 Year Fixed
1.25%
Fixed
1.25%
Fixed
1.41%
1.72%
Fixed Deposit
1.72%
Fixed Deposit
1.72%
Fixed Deposit
1.72%
Fixed Deposit
Get rewards
3 Year Fixed
1.45%
Fixed
1.45%
Fixed
1.45%
1.45%
Fixed
1.80%
Board
1.80%
Board
1.80%
Board
Get rewards
3 Year Fixed
1.45%
Fixed
1.45%
Fixed
1.45%
1.45%
Fixed
2.00%
Board
2.00%
Board
2.00%
Board
Get rewards
3 Year Fixed
1.50%
Fixed
1.50%
Fixed
1.50%
1.50%
Fixed
1.80%
Fixed Deposit
1.80%
Fixed Deposit
1.80%
Fixed Deposit
Get rewards
5 Year Fixed
1.50%
Fixed
1.50%
Fixed
1.50%
1.50%
Fixed
1.50%
Fixed
1.50%
Fixed
1.80%
Fixed Deposit
Get rewards
BANK
LOAN TYPE
YEAR 1
YEAR 2
YEAR 3
3 YEARS AVG
YEAR 4
YEAR 5
YEAR 6
Floating
*Limited Promo
0.95%
1.00%
xx%
xx%
xx%
xx%
xx%
Get rewards
Fixed Deposit
1.00%
1.00%
1.00%
1.00%
1.40%
1.40%
1.40%
Get rewards
1M SIBOR
1.09%
1.09%
1.09%
1.09%
1.09%
1.09%
1.09%
Get rewards
Floating
*Limited Promo
1.00%
1.00%
1.12%
1.35%
1.35%
1.40%
1.40%
Get rewards
Floating
*Limited Promo
1.05%
1.05%
1.25%
1.65%
1.65%
1.65%
1.65%
Get rewards
1M SIBOR
1.25%
1.25%
1.25%
1.25%
1.25%
1.25%
1.25%
Get rewards
3M SIBOR
1.25%
1.25%
1.25%
1.25%
1.25%
1.25%
1.25%
Get rewards
3M SIBOR
1.25%
1.25%
1.38%
1.65%
1.65%
1.65%
1.65%
Get rewards
3M SIBOR
1.40%
1.40%
1.40%
1.40%
1.40%
1.40%
1.40%
Get rewards
Fixed Deposit
1.50%
1.50%
1.60%
1.80%
1.80%
1.80%
1.80%
Get rewards

NEED HELP IN REFINANCING YOUR HDB LOAN?

Talk to us and discover the best HDB refinance package for your needs today.

contact us

WHAT OUR CLIENTS SAY…

Weixian Sim
Weixian Sim
Was looking to reduce my interest payments for my mortgage and got in touch with Jovin from DollarBack Mortgage. Even though there was still a penalty to be paid with our existing bank, Jovin explained to us the strategy on how we can enjoy interest savings in the longer term by refinancing even with the penalty to be paid. The forecast and analysis was super accurate and fortunately we locked in the best package without having to pay any upfront fees. It is quite amazing that today, our home loan interest rate is only at 0.60%! Without a doubt, every property owner needs to speak to Dollarback Mortgage for their home loans.
Hean LiTing
Hean LiTing
Got in touch with Jovin from DollarBack Mortgage from a recommendation for my home loan refinance. Excellent advice and insights provided on the best home loan package for my needs. Interesting analysis on the interest rate environment and forecast. Managed to refinance with no upfront costs and enjoyed the best rewards! I highly recommend DollarBack Mortgage!"
Deborah Kay
Deborah Kay
I must have spoken to 15 different mortgage advisors and Jovin at Dollarback Mortgage was by far the most responsive and helpful. He was non-pushy, informed and clear in his communication.Compared to other advisors I spoke to, he gave the best advise regarding fixed vs floating rates, immediately followed up with all the information I requested for and submitted my application as soon as I got my documents to him.As a result, we were able to lock in a very favourable rate, one day before it was taken off the market.Thanks Jovin and Dollarback Mortgage, it was a great experience that I would highly recommend to anyone!
Kia Pang
Kia Pang
Big big thumbs up to Jovin Pendhar. Professional, patient, efficient & effective providing concise info & addressed my concerns & needs adequately. He won me over within minutes with his knowledge, understanding & a good grasp of what he is talking as well as good relationship skills, i.e. not pushy & remained professional (Spoken to a few consultants prior). He has good knowledge & understanding of the contents of the offer letter and how he articulate them across in a concise & precise manner. He walked through the process with adequate instructions & followed up through with regular updates. The products offered are almost the same across the banks, the way he advised & delivered it makes vast difference to the experience. Overall, it is a hassle free & pleasant experience dealing with him. Kudos to Jovin & keep up the excellent service!!
philip lee
philip lee
Jovin help to propose a very attractive refinance package which help me to shorten my repayment period by 10 months! Very good service and professional approach, highly recommended for your housing loan review.
Ivan Sim
Ivan Sim
I've engaged with a few mortgage brokers for refinancing of my property loans, but this latest one with Dollarback Mortage has been the most pleasant and rewarding experience, especially having Jovin handling my request. He is truly professional and extemely knowledgeable, with no air at all. Always enthusiastic and ready to listen and offer good and sound advice, I have no hesitation at all to put forth my recommendation of Jovin and Dollarback Mortgage to those who need the service!
Kannan Kumar
Kannan Kumar
I had liaised with Mr. Jovin for my HDB refinancing loan in last month. He guided me all the way to choose the right bank wiith lower interest and he had transfered the $ as per he committed. He is more knowledgeable, professional and courteous. Thanks Team.
Wan Livian
Wan Livian
I was sourcing for banks to refinance my current place and chance upon dollar back website and after reading comments about Jovin, my husband and i decided to engage him. I can only said is a smart decision we had made. Jovin is professional and fast in respond. Everything is fuss free and easy. Give him a call if you need to refinance your house . 👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍👍
lee khow ming
lee khow ming
Assistance and queries were responded promptly. Jovin was very professional in his work, whom assisted in securing good rate for me. On top of that, his company also provides the best cash reward incentive in the market.Overall, amazing experience and would recommend to anyone looking for mortgage loans.
Jun Yap
Jun Yap
Jovin is very dedicated, responsive & helpful.He is also very patient and he explained the loan process & procedure clearly though we took some time to digest. I will definitely refer my friends & relatives to you. Good job, Jovin !
Magdeline Wong
Magdeline Wong
Jovin responded promptly with my queries regarding mortgage refinancing. I am impressed with his indepth knowledge in this area and happy with his honest and valuable inputs. Very professional indeed!
Kailin Toh
Kailin Toh
This is our first time engaging a Mortgage Broker for our refinancing journey. We are glad to have Jovin from Dollarback Mortgage to assist us in the process. Jovin is knowledgeable and is able to explain the various concepts involved in an easy to understand manner. He is also quick to respond for any queries one may have. We highly recommend his service to anyone who is looking into mortgage matters. Cheers!
a K
a K
Great experience with Jovin. Professional and hardworking. He personally came down to my place and had patience to explain each plan to me. I finally signed with him. Would recommend him
Joseph
Joseph
Highly recommended! Jovin is very knowledgeable and was very proactive when handling our mortgage. He was able to provide professional knowledge and was patient to explain the finer details that we were required to know. Definitely a positive experience to have Jovin handle our housing loan matters.
Ahmad Bakar
Ahmad Bakar
I am very pleased and much appreciative to Jovin of Dollarback. He offered me informative advise and even show me the ropes in negotiating with my existing bank for a better deal. And a Trustworthy person. I will definitely reach out to his service in future again!
Abby Cheng
Abby Cheng
Jovin from Dollarback Mortgage is a true professional who has his customers' best interests at heart and who is fully dedicated to serve his customers well. Fully transparent and extremely helpful, we have benefited greatly from his expertise.
Abel Tan
Abel Tan
Awesome and knowledgeable person that will answer your questions directly. Makes wanting to deal with him very easy and will definitely contact him again for my mortgage needs.
Zack Chew
Zack Chew
It was my first time purchasing a property and I had limited knowledge and plenty of questions in regard to mortgage loan and various other stuffs. That was when I made an enquiry to Dollarback Mortgage and was contacted by Jovin. Jovin is an extremely helpful and professional individual. He helped me throughout the entire process during that entire couple of weeks - from providing me the list of banks and mortgage packages/rates and clarifying the different benefits of each in detail, to explaining to me some of the mortgage loan contract terms. Due to my busy work schedule, I could only reply to his texts late at night at times, and he would still be replying me attentively. Highly recommend Dollarback Mortgage and Jovin!
Stanley Zeng
Stanley Zeng
Jovin was very professional in his job. He shared his recommendations on the best rates across the banks. Even though a package was already selected for the application, midway he proposed a better new package that was just launched. Would definitely recommend him to any one looking for home loans.
Jim
Jim
Good knowledge on mortgage loan and able to link up well with bank mortgage loan specialist. Provided gd advice on the various type of loans and propose the best plan to suit my needs.Definitely will engage his (Jovin) service again in future!!!
Next Reviews

Frequently Asked Questions

Can HDB loans be refinanced?

Yes most definitely. If your home loan is from HDB directly or a bank, you can refinance as many times as you wish to but do note that once you have a bank loan for your HDB, you cannot refinance back to a home loan from HDB directly.

Should I refinance my HDB loan?

Our general rule of thumb when deciding to refinance your HDB loan is to confirm if your outstanding loan amount is more than $250,000 and the difference in your existing interest rate vs the refinance package is more than 0.30%. If both those conditions are met, then you should consider refinancing to save on your interest costs.

How often are there HDB refinance promotions?

All banks offer HDB refinance promotions almost on a monthly basis. Our mortgage consultants will also negotiate with the banks to get special approval for preferential refinance interest rates depending on your loan amount and specific needs.

Why choose DollarBack Mortgage for HDB refinancing over banks?

DollarBack Mortgage has close partnerships with over 16 banks in Singapore and we enjoy more bargaining power due to the amount of business we do with the banks. Think of it as going for a battle, would you stand a higher chance of winning on your own or with an army with you? The answer is pretty simple. DollarBack Mortgage and our consultants ensure you win the battle in securing the best and lowest HDB refinance packages.

Can I shorten my HDB loan period?

Yes, you can. All banks allow you to shorten the period for your HDB loan to a minimum of 5 years. In fact, having a shorter tenure allows you to save on paying interest to the bank and you enjoy paying off your loan faster. Just ensure you prepare your finances to support the higher monthly instalments that come with a shorter loan tenure.

Can I take a cash out loan from my fully paid HDB flat?

Cash out / term loans are not allowed for HDB properties. Only private properties including ECs with the 5 year MOP met are eligible for a cash out loan.

Get Exclusive Rates & Rewards!