Home Loan Calculator
Estimate your monthly mortgage repayments for HDB flats or private properties in Singapore. Includes HDB vs bank loan comparison.
$
%
%
years
Loan Amount$375,000.00
Monthly Repayment$1,877.34
Total Interest$188,201.52
Total Amount Paid$563,201.52
HDB Loan (2.6% fixed) vs Bank Loan (3.5% variable)
| Metric | HDB Loan (2.6%) | Bank Loan (3.5%) |
|---|---|---|
| Monthly Repayment | $1,701.26 | $1,877.34 |
| Total Interest | $135,378.20 | $188,201.52 |
| Total Paid | $510,378.20 | $563,201.52 |
| 5-Year Cost Difference | Bank costs $10,564.66 more | |
| 10-Year Cost Difference | Bank costs $21,129.33 more | |
How to Use This Calculator
- Enter the property price and your expected down payment percentage.
- Set the annual interest rate — use 2.6% for HDB loans or your bank's quoted rate.
- Review the HDB vs Bank comparison table to see cost differences over 5 and 10 years.
Key Rates Used
| Loan Type | Rate | Max LTV |
|---|---|---|
| HDB Concessionary | 2.6% fixed | 80% |
| Bank Loan | Variable | 75% |
Last updated: March 2026 · HDB