“Should I take out an HDB loan or a bank loan for my property?” This question has been an integral part of every homeowner’s property purchase story.  Having a good understanding of both is essential in deciding which to go for. In this article, we compare the two and weigh in on the factors for consideration.  5 key factors of consideration 1. Interest rates HDB loans The interest rate for HDB home loans is pegged to our CPF Ordinary Account interest rate + 0.1%.  As the CPF Ordinary Account interest rate is 2.5%, the HDB loan interest rate is currently 2.6%.  In fact, the HDB loan interest rate has been at 2.6% for the past 16 years and does not seem to be changing anytime soon. If you were to take out an HDB home loan, you’d likely be paying the same amount every month. Bank loans If you choose