Free tool

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.

S$
$1,000$200,000
2.0%/month
1.0%/month4.0%/month

Amount

$20,000

Rate

2.0%/month

Tenure

1 year (12 months)

Estimated monthly repayment

$1,891

Total repayment

$22,694

Total interest

$2,694

Monthly breakdown (first month):
Interest portion:$400
Principal portion:$1,491

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 moneylenders in Singapore. Actual repayment may vary depending on lender terms.

Free tool

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

Ready to compare real options?

Submit one enquiry and we match you with trusted Network Partners. No obligation.

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Disclaimer: OneCompare Solution Pte. Ltd. is not a bank and does not provide loans, approve loans, or determine loan rates or terms. We act only as a referral and matching platform. All loan decisions are made solely by independent third-party Network Partners. This page is for informational purposes only and does not constitute financial advice. Submitting an enquiry does not guarantee any outcome.