mortgage calculator
Budget property loan repayments with ease!
Loan-to-Value (%)
Estimated Monthly Payment: -
| Year | Payment towards Principal | Payment towards Interest | Balance |
|---|---|---|---|
| 1 | $0 | $0 | $0 |
| 2 | $0 | $0 | $0 |
| 3 | $0 | $0 | $0 |
| 4 | $0 | $0 | $0 |
| 5 | $0 | $0 | $0 |
| Total after 5 years | $0 | $0 | - |
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how to use
Our mortgage calculator help Singapore property owners estimate monthly home loan repayments based on property value, loan amount, interest rate and tenure.
Get a quick estimate of your repayments to plan your finances with greater clarity.
1. Enter Property Value
Enter the purchase price of a new property or your remaining outstanding loan amount.
2. Select Loan-to-Value (LTV)
Choose the percentage of the property value that you intend to finance through a loan. LTV ratios vary based on property type.
3. Loan Amount
This will be automatically calculated based on the property value and your selected LTV ratio.
4. Interest Rate (%)
Enter the interest rate offered by your bank or financial institution.
Not sure? Find the packages available for you here.
compare rates5. Select Loan Tenure (Years)
Loan periods are up to 25 years for HDB and 30 years for private properties.
6. View Instant Results
See an estimated breakdown of your monthly repayments immediately.
Adjust input to compare scenarios and better understand your long-term financial commitment.
How your mortgage repayments are calculated
We use an amortisation calculator to estimate your monthly payments and show how your loan is repaid over time.
While payments remain the same, the portion going to principal increases over time until the loan is fully repaid.
This calculator highlights the first 5 years, as most borrowers review or refinance their loan within this period.
Your monthly repayment is calculated based on:
- Loan amount (how much you borrow)
- Interest rate (cost of borrowing)
- Loan tenure (repayment period)
Property loans in Singapore use amortisation, where monthly payments are fixed and a larger portion goes to interest at the start. As time passes and more payments are made, more will go towards your principal.
Even small changes in interest rates or tenure can significantly affect your monthly payment and total interest paid.
What affects your monthly payments
Interest rates
Higher interest rates increase your monthly repayment and total interest cost.
Loan tenure
Longer tenures reduce monthly payments but increase total interest paid.
Loan amount
A higher loan amount leads to higher monthly repayments.
Loan-to-Value (LTV)
Determines how much you can borrow (up to 75% for most properties in Singapore).
Rate type
Fixed rates offer stability, while floating rates may change over time.
Why do we calculate only five years?
Most mortgage loan packages in Singapore have lock-in or fixed-rate periods of up to 5 years. Many homeowners review or refinance their loan during or after this period to secure better rates.
What to consider next?
Now that you have an estimate of your monthly repayments, the next step is to find the most suitable home or property loan for your situation.
Here are some steps you can take:
Compare loan rates
Find and compare current packages across banks to identify the most suitable option
compare ratesCheck how much you can realistically borrow
LTV determines the maximum loan, but your actual eligibility may differ.
TDSR calculatorNeed more help?
While our smart tools are meant to provide an accurate estimate, the mortgage packages available can vary based on your financial profile, market conditions and more.
If you need help navigating the mortgage packages available in Singapore, speak to our experienced mortgage consultants for personalised advice.
connect with our expertfrequently asked questions
Is this mortgage calculator accurate?+−
This commercial property and home loan calculator provides an estimated repayment based on your inputs. Actual repayment amounts may vary depending on the bank's final rate and loan terms.
What interest rate should I use?+−
You may use an indicative rate based on current market offerings. Final rates depend on loan structure and approval.
Find packages available here.
compare ratesDoes this include additional fees?+−
This mortgage calculation covers principal and interest. Additional costs such as legal fees and insurance are not included. Our mortgage advisory service is provided at no cost.
How much home loan can I afford in Singapore?+−
Your affordability depends on your income, existing financial commitments, and MAS regulations such as TDSR and MSR limits. This calculator estimates repayments, but your actual loan eligibility will depend on bank assessment.
Use our TDSR calculator for a clearer affordability estimate.
try our TDSR calculatorWhat is a good interest rate for a home loan in Singapore?+−
Interest rates vary based on market conditions and loan type (fixed or floating). You can use current market rates as a reference, but actual rates depend on your financial profile and loan structure.
How does loan tenure affect my mortgage?+−
A longer loan tenure reduces your monthly repayment but increases the total interest paid over time. A shorter tenure results in higher monthly payments but lower overall interest.
Should I choose fixed or floating interest rates?+−
Fixed rates provide stability for a set period, while floating rates may fluctuate with market conditions. The right choice depends on your risk tolerance and market outlook.
When should I refinance my home loan?+−
Many homeowners refinance after their lock-in period ends to secure better rates or reduce monthly payments. This is commonly reviewed within the first 2–5 years.