Personal Loan Calculator

Calculate your personal loan payments for Singapore

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Loan Details

Current Market Rates

Market Range:5.5% - 14%
Average Rate:8%

Bank Rates:

DBS6%
OCBC5.8%
UOB5.5%

Rates shown are indicative. Actual rates depend on credit score, loan amount, and bank policies.

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Personal Loans in Singapore

Personal loans are unsecured loans that can be used for various purposes such as debt consolidation, home improvements, or emergency expenses. In Singapore, personal loan interest rates typically range from 6% to 24% depending on your credit score and lender.

Things to Consider Before Taking a Personal Loan

  • Compare interest rates from multiple lenders
  • Check for processing fees and prepayment penalties
  • Ensure the monthly payment fits your budget
  • Consider the total cost of the loan, not just monthly payments
  • Read all terms and conditions carefully