Personal Loans
Connect with Network Partners offering personal financing for everyday and planned needs.
Make an EnquiryEstimate your monthly repayment
Adjust the amount, tenure, and interest rate to see an indicative monthly repayment. These figures are for planning only.
Personal loan repayment calculator
Based on reducing balance interest — an indicative estimate only.
Amount
$20,000
Rate
2.0%/month
Tenure
3 years (36 months)
Estimated monthly repayment
$785
Loan amount
$20,000
Total interest
$8,248
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.
About Personal Loans
Personal loan enquiries are reviewed and matched with independent Network Partners who assess and decide on financing. We help you understand your options and prepare a clear enquiry before any introduction is made.
Key facts at a glance
- Best suited for
- Salaried employees, self-employed individuals, and platform workers in Singapore
- Common purposes
- Medical bills, weddings, emergencies, home needs, and clearing credit-card balances
- Good to prepare
- NRIC, recent payslips or CPF contribution history, and proof of address
- Who decides
- Independent, licensed Network Partners — OneCompare does not approve loans
- Cost to enquire
- Free and obligation-free
General guidance
- Singapore Citizens, Permanent Residents, or eligible foreigners residing in Singapore
- Typically aged 21 and above
- Able to provide accurate income and employment information
- Final eligibility is determined solely by the Network Partner
How the process works
Submit enquiry
Share your basic details and financing needs.
Profile review
We review your enquiry for completeness and suitability.
Partner matching
We introduce your profile to relevant Network Partners.
What to consider
Borrow only what you can repay
Use the repayment calculator above to check that the monthly amount fits comfortably within your budget before you enquire.
Compare the total cost, not just the rate
Look at processing fees, tenure, and the full repayment amount across offers so you can make a like-for-like comparison.
Check that the partner is licensed
For licensed moneylenders, you can verify the company on the Ministry of Law's public Registry of Moneylenders.
Frequently asked questions
Helpful guides
Learn more before you apply
- Personal Loan for Singaporeans & PRs: Eligibility & Best Rates (2026)
- A Foreigner's Guide to Getting a Personal Loan in Singapore
- How Much Can You Borrow in Singapore? A Realistic Guide
- Understanding Your Credit Score in Singapore: CBS Report Explained
- Personal Loans for the Self-Employed in Singapore: A Practical Guide
- Reasons Why Loan Applications Are Rejected in Singapore
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Disclaimer: 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.