Free Mortgage Repayment Calculator
Quickly estimate your home loan repayments, including monthly, bi-weekly, and weekly schedules.
What is a Mortgage Repayment?
A mortgage repayment is the regular payment you make toward your housing loan, which consists of:
- Principal: The original amount borrowed.
- Interest: The additional cost charged by the lender.
Most people in Singapore repay their mortgage monthly over an agreed period (loan tenure) until the full loan amount and interest are cleared.
Key Facts About Loan Tenure in Singapore
- HDB Properties: Maximum tenure of 30 years.
- Private Properties: Maximum tenure of 35 years.
- Pro Tip: Loan tenures impact your total interest paid and monthly repayments. A shorter tenure results in higher monthly payments but saves on total interest costs.
How Does the Mortgage Calculator Work?
Our mortgage calculator uses a standard formula that considers:
Loan Amount
The total amount you wish to borrow
Loan Tenure
Duration of your loan repayment
Interest Rate
Current interest rate on your loan
What Does It Provide?
- Estimated Monthly, Bi-Weekly, and Weekly repayment schedules.
- Breakdown of principal and interest portions in each payment.
- Total repayment cost over the loan tenure.
Note: The calculator provides estimates and should be used as a guideline. Results may vary based on changes in interest rates or lender policies.
Mortgage Calculator
Your Mortgage Repayment Summary
Estimated Weekly:
Estimated Bi-Weekly:
Estimated Monthly:
Total Repayment:
Frequently Asked Questions
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Disclaimer
The results provided by this calculator are for guidance only. Ensure you consult a financial expert for accurate advice tailored to your circumstances.