When does your home loan lock-in end?
Your fixed rate ends on a known date, and the rate after it is usually higher. Refinancing takes 6 to 8 weeks and banks want notice, so the real deadline is about 4 months before. Pick the month and see your dates.
- Your countdown and the date to start comparing
- Free WhatsApp reminders at 4, 3, 2 and 1 month
- Or add the dates to your own calendar
- No sign-up, no NRIC, reply STOP any time
Free check: your lock-in countdown
1 question, 10 seconds. No sign-up.
Floating home loans move with SORA, which MAS publishes every business day.
See the chartYour dates, step by step
Why the date matters
A package's fixed or promotional rate holds for the lock-in, usually two or three years. After that the loan moves to the rate in your letter of offer, often SORA plus a wider spread, until you reprice or refinance.
Repricing moves you to another package at the same bank: less paperwork and usually quicker. Refinancing moves the loan to a new bank: often a sharper rate, but legal and valuation costs, and it takes longer. Get both quotes.
Banks usually ask for written notice before you redeem, and a refinance takes weeks to complete. Starting four months out leaves room for both, so the new rate can begin on the day the old one ends.
Redeem inside the lock-in and you usually pay a penalty of around 1.5% of the amount, and may have to repay any legal subsidy. The countdown gives you the first day you can leave without one.
The month is enough. We count from the 1st of the month your lock-in ends, the earliest it could be. Your exact date and your bank's notice period are in your letter of offer.
How BankLoan.sg works
Free tools, then a reminder when it matters. Tap a step to see it.
- Free, no sign-up
- Your figures stay in your browser
- We never sell your number
1Run your numbersFree · about 1 minuteYou
You: answer three short questions on any of the calculators.
We: work out the instalment, the comparison or the limit, in your own browser. Nothing you type is sent anywhere.
You get: the answer, the charts, a link that brings the same figures back, and a PDF.
2Set your lock-in dateFree · 10 secondsYou
You: pick the month your lock-in ends and send one WhatsApp message. No sign-up, no NRIC, no loan details.
We: count back the four dates that matter: start comparing, give notice, accept an offer, final check.
3We remind youFree · 4 WhatsApp messagesUs
We: message you 4, 3, 2 and 1 month before your lock-in ends. Each one says what to do at that point, with today's SORA from MAS.
Reply STOP at any time and they stop. Reply with a question and a person answers.
4You choose, you switchYourself, or with our helpYou
You: compare your bank's repricing offer with today's packages on the comparison and the refinance calculator. Deal with your bank yourself, or ask us to help you apply: we check the package and pass your details to our contact at the bank, once you agree.
You pay us nothing. If you take up a loan we helped you apply for, the bank or our referral partner may pay us a referral fee. Ask us and we'll tell you whether one applies to your case.
Never miss your lock-in
A fixed rate lasts two or three years, not the whole loan. When the lock-in ends, the loan moves to the rate in your letter of offer, which is usually higher, and most people only notice when the instalment changes. Refinancing takes 6 to 8 weeks, so the real deadline is about 4 months before.
- One question. The month your lock-in ends. No sign-up, no NRIC, no loan details.
- WhatsApp reminders, free. A message 4, 3, 2 and 1 month before, each with what to do at that point and today's SORA.
- Or your own calendar. One tap adds the same dates to iPhone, Google or Outlook.
- Your number stays with us. A reminder sign-up is used only for your reminders. We share your details with a bank only if you ask us to help you apply. Reply STOP at any time.
Reminders come from the Kydos assistant on WhatsApp (+65 8311 7524), run by the team behind AnnualFiling.sg. We never sell your number. We pass your details to a bank contact or referral partner only when you ask us to help you apply, and only after you agree in the chat. See the privacy notice.
Free lock-in reminder
No sign-up, no payment. About 10 seconds.
Common questions
What happens when my lock-in ends?
Your loan carries on at the rate set out in your letter of offer for the years after the lock-in. For most packages that is SORA plus a wider spread, so the instalment usually goes up. From that day you can reprice or refinance without a redemption penalty.
When should I start looking?
About four months before. Banks usually want written notice before you redeem, and a refinance takes 6 to 8 weeks to complete. Starting early costs nothing: an offer only binds you once you accept it.
Should I reprice or refinance?
Repricing keeps you at your bank on a new package: less paperwork and usually quicker. Refinancing moves the loan to another bank: often a sharper rate, but legal and valuation costs. Get both quotes and put them through the refinance calculator.
What do the reminders cost?
Nothing. You get four WhatsApp messages, 4, 3, 2 and 1 month before your lock-in ends. Reply STOP at any time and they stop.
What do you do with my number?
We use it to send the reminders you asked for and to reply if you write to us. We don't sell it. We pass it to a bank contact or referral partner only if you ask us to help you apply, and only after you agree. We delete the reminder record 90 days after your lock-in date. See the privacy notice.
Is this financial advice?
No. The countdown and the calculators are tools for your own decision, and the choice of loan is yours. We are not a bank, and only a bank's letter of offer is binding.