Loan Calculator Singapore
Estimate your monthly repayment, total interest, and total cost in seconds. Adjust the amount, tenure, and monthly interest rate to plan any loan with confidence — bilingual and free to use.
Loan repayment calculator
Based on reducing balance interest — an indicative estimate only.
Amount
$20,000
Rate
2.0%/month
Tenure
1 year (12 months)
Estimated monthly repayment
$1,891
Loan amount
$20,000
Total interest
$2,694
Interest is calculated on the remaining outstanding balance each month. As the balance reduces, the interest portion decreases and the principal portion increases.
This calculator provides an estimate based on reducing balance interest using a monthly rate commonly quoted by our trusted network partners, including licensed financial institutions and banks, in Singapore. Actual repayment may vary depending on lender terms.
Why use our loan calculator
Built for Singapore borrowers, with the clarity the big comparison sites miss.
Accurate reducing-balance maths
We calculate interest on your remaining balance each month, not a flat figure — so the estimate reflects how repayments really work.
Instant, no sign-up
Move the sliders and see results update live. No forms, no waiting, no email required to get an estimate.
MAS & Moneylenders Act aware
Rate caps reflect Singapore rules, so your estimate stays realistic and compliant — not an inflated marketing number.
Loan calculator FAQs
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Make an enquiryDisclaimer: OneCompare is a referral and matching platform, not a lender. Loan decisions are made by independent Network Partners. Information on this page is for reference only and is not financial advice.