House Loan Calculator

Estimate your monthly mortgage payment, total interest paid, and full financing cost over your loan tenure.

Your house loan is a long-term financial commitment that combines principal repayment with interest costs over many years. This simulator helps you estimate your monthly installment, total interest paid, and the overall amount you will pay by the end of the loan tenure, so you can better evaluate affordability before committing.

Simulation Results

Total Loan Amount

S$750,000.00

Monthly Installment (EMI)

S$3,264.05

Total Payment Over Tenure

S$1,175,057.06

Total Interest Paid

S$425,057.06

Total Interest paid (% of Loan)

60%

Repayment Summary

Your Estimated Monthly Repayment

S$3,264.05 / month

38%

62%

S$1,232.80 Principal

S$2,031.25 Interest

Optional ownership costs such as property tax, insurance, maintenance, and stamp duty are not included.

What is the House Loan Calculator?

It helps you estimate your monthly mortgage payments, total interest paid, and the overall cost of financing a property. By showing the difference between the original loan and the final amount paid, the calculator highlights the true financial commitment of a house loan.

How It Works

You enter the property price, down payment, interest rate, and loan tenure. The calculator then applies the standard mortgage formula to determine your monthly installment. It also adds up the total payments made over the loan period, separates the interest portion, and shows you how much more you will be paying compared to your initial loan.

Why It Matters

Buying a house is one of the biggest financial commitments you will make, and the long repayment horizon means interest costs can add up significantly. Focusing only on the monthly installment can mask the true price of the property. By seeing how much you will ultimately pay in total, you can better weigh different loan options, evaluate affordability, and make a more informed decision before committing to decades of repayment.