S$625,000 HDB Loan Repayment Calculator

How to use the s$625,000 hdb loan repayment calculator

1. Enter the loan amount (S$).
2. Enter the interest rate (% a year).
3. Enter the loan tenure (years, max 25).
4. The results update as you type, or press Calculate.
5. Read the monthly instalment first, then the supporting figures below it.

Formula

Monthly instalment = P × r ÷ (1 − (1 + r)^−n), where r is the monthly rate and n the number of months.

Worked example

For example, with these inputs:

• Loan amount (S$): 625,000
• Interest rate (% a year): 2.6
• Loan tenure (years, max 25): 25

the calculator returns:

• Monthly instalment: S$2,835.43
• Total interest: S$225,630.33
• Total repaid: S$850,630.33

Repayment by tenure at 2.6%

Background

Singapore's property market is shaped by cooling measures introduced since 2009, including Additional Buyer's Stamp Duty, loan-to-value limits and debt servicing ratios. These rules are adjusted when the market runs hot, so the numbers you see today may differ from what friends paid a few years ago.

Stamp duties are paid upfront. Buyer's Stamp Duty applies to every purchase at tiered rates up to 6%, while ABSD depends on the buyer's residency status and how many residential properties they already own. Sellers who dispose of a property within the holding period pay Seller's Stamp Duty.

Frequently asked questions

Guides for this calculator

• S$625,000 Hdb Loan: Monthly Repayment and Total Interest