Home Loan Calculator

Estimate your monthly instalment for an HDB or bank loan, based on loan amount, interest rate and tenure.

Your loan details

Property price ($)

Loan-to-Value (LTV %)

HDB concessionary loans and most bank loans allow up to 75% LTV for a first housing loan.

Interest rate (% p.a.)

HDB's current concessionary rate is 2.6% p.a. Bank rates vary — check your bank's latest package.

Loan tenure (years)

Estimated monthly instalment

Loan amount$0

Downpayment needed$0

Total repaid over tenure$0

Worked example: a $500,000 flat at 75% LTV, 2.6% p.a. over a 25-year tenure works out to roughly $1,701/month.

HDB loan vs bank loan rates

HDB's concessionary rate is pegged at 0.1 percentage points above the CPF Ordinary Account rate, currently 2.6% p.a., and has historically moved slowly. Bank loans can be fixed or floating and may be cheaper or pricier depending on the rate environment — compare the effective rate across your likely holding period, not just an introductory rate. See our guide on HDB Loan vs Bank Loan for the full trade-off, and check your maximum eligible loan quantum with our TDSR/MSR Calculator before you shop.

Figures researched from HDB and MAS as of July 2026. This calculator provides estimates only — confirm exact rates and eligibility with HDB or your bank before making financial decisions.