Reprice your existing POSB home loan

Important Notice

From 10 Jan 2025, the Fixed Deposit Home Rate (FHR) will be revised. Click here for more details.

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About repricing your home loanRepricing your DBS home loan means switching to a new loan package with us. You may incur various charges and fees. Hence, it's important to consider your options carefully before making a decision.So why reprice with DBS?You may potentially enjoy a lower interest rate and a reduced monthly repayment.This allows you to reassess your financial situation and customize your loan term or repayment structure accordingly.

Here are your options:

Reprice your loan without going through Total Debt Servicing Ratio (TDSR) assessment if you repay at least 3% of your total outstanding loan amount

One-time payment before repricing effects or over 36 months instalment

Option to revise your outstanding loan tenure

Subject to approval and fulfilment of regulatory guidelines

How much can I save by repricingWhether you are repricing or refinancing your home loan, there will be fees incurred and a notice period required. Here’s a summary of the typical costs and time involved between repricing and refinancing with another financial institution (FI).Understanding your repayment amount and potential savings is a pivotal step. Use our Repayment Calculator to calculate your potential savings and get a quick estimate effortlessly.

	Reprice with POSB	Refinance with another financial institution (FI)
Legal and valuation fees	-	S$3,000 and above
Administration fee	About S$800	-
Early redemption fees Incurred if you exit your loan during lock-in period	-	Approximately 1.5% of your remaining loan amount
Approval process and notice period	About 4-5 weeks	About 9-13 weeks

Fees stated are estimated based on HDB flats, and are not an extensive listing.

Pricing and feesWe have a range of fixed and floating rate repricing packages available based on your outstanding loan amount and the remaining loan tenure.View our repricing rates when you apply. For full list of associated costs, read our DBS Home Loan Fees and Charges.

Process of repricing your loan


Check your current home loan’s expiry date	It is advisable to start looking for options nearing the end of your current loan’s lock-in period.
Submit your repricing application	Choose a loan package that suits your needs and submit an application in minutes.
Receive letter of offer	Once your loan is approved, you will receive a letter of offer via email. In instances where we require more information, our home advice specialist will reach out to you.
Accept loan offer	Once you’ve accepted the loan offer, a letter of acceptance will be generated and emailed to you. Congratulations on your approved loan!

Documents requiredEnsure that you have:

a DBS/POSB savings account for loan repayments

POSB digibank access, and

the required documents for your loan application

a.custom-anchor { display: block; position: relative; top: -150px; visibility: hidden; } Apply nowReprice your home loan easily using digibankApply nowCheck existing application

Frequently asked questions

When should I reprice my loan? Am I eligible?

Your loan is eligible for repricing 4 months prior to your commitment period expiry. You should have a loan balance of more than $100,000 and a remaining tenure of more than 5 years.

Can I do a partial repayment along with repricing my loan?

Yes! You may opt to do a partial repayment along with repricing your loan. Upon submitting your repricing application, do also inform your designated Relationship Officer on your intention. Do note that repayment made within the commitment period may incur prepayment charges and/or clawback of fees.

Can I revise my loan tenure when repricing my loan?

Our repricing application allows you to indicate your intention to revise your loan tenure, it is however, subjected to approval and the fulfilment of regulatory guidelines. Indicate your intention during your application and we will get back to you!

When will my new repriced rates be effected?

Your new repriced rates will be effected

1 month from the date of acceptance OR
Upon your commitment period expiry. Inform your Relationship Officer during your repricing application if you wish for your repricing to be effected only upon the expiry of your commitment period.

Note that the effective date can only be scheduled on a business day (Monday to Friday, excluding Public Holidays).

How do I know what’s my monthly instalment after repricing my loan?

Once your repriced rates are effected, the bank will issue a change in instalment letter to inform you on your revised monthly instalment. This will be sent to your registered mailing address.

What is TDSR? And what happens if my TDSR does not meet the requirements?

TDSR represents Total Debt Servicing Ratio. This will be applicable to home loan account holders who are holding the following:

Properties for investment use
Properties with Mortgage Withdrawal Loans
Commercial Properties.

For the above 3 categories, you will be required to submit their income documents during their application for TDSR assessment. You will be able to proceed with repricing if your TDSR is within stipulated guidelines.

If your TDSR does not meet the requirements
You will still be eligible for repricing, but you will be required to pay down at least 3% of your outstanding loan amount.

This 3% repayment can be done via:

One-time payment before your repricing effects
Via instalments over 36 months

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