Revolutionize Your Home Loan Experience with AI

We help you compare all major mortgage types offered by the 16 banks in Singapore, including fixed-rate packages, floating-rate packages (typically pegged to SORA), and hybrid options. Whether you're buying a private property, an HDB flat, or refinancing an existing loan, we can guide you to the best-fit product.

No. Cashew is 100% independent. We work with all 16 mortgage banks in Singapore, but we are not tied to any of them. That means we have no incentive to promote one lender over another — our only goal is to find the best home loan for you.

If all documents are in order, most banks in Singapore provide approval-in-principle (AIP) within 1–3 working days. Final approval may take 1–2 weeks, depending on the complexity of your case and property type.

Singapore does not use a universal credit score system like in some other countries. Instead, banks assess your creditworthiness using your CBS (Credit Bureau Singapore) report, income, existing debt obligations, and Total Debt Servicing Ratio (TDSR). Our advisors can help you assess your eligibility.

For HDB flats and private properties, the minimum down payment is typically 25% of the purchase price, with at least 5% paid in cash. The remaining can be paid via CPF savings or cash. The exact amount depends on factors like property type, loan tenure, and age.

Cashew's service is completely free to you. We are paid a standard fee by the bank only when you take up a mortgage — and since we work with all banks and commissions are equal, there is no conflict of interest. We always recommend the best option for your needs.

Refinancing could save you money if your current interest rate is higher than what's available now, or if you're reaching the end of a lock-in period. Use our refinance calculator to check potential savings or speak to an advisor for a personalised review.