Personal Loan Calculator
Estimate your monthly instalment and total repayment easily. Use our Personal Loan Calculator to understand loan costs before applying with a licensed moneylender in Singapore.
SGD 500
SGD 100000
3 Months
36 Months
1%
4%
Result
Total Payment
SGD 61156.80
Monthly Instalment
SGD 3057.84
Total Interest
SGD 11156.80
How to Use the Personal Loan Calculator
Follow these simple steps to estimate your monthly instalment and total repayment amount. It only takes a few seconds to understand how much your loan may cost.
01
Choose or Enter Your Loan Amount
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Use the slider or type the exact amount you wish to borrow. The calculator will use this figure to estimate your total repayment and monthly instalment.
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Available from SGD 500 to SGD 100000
02
Select Your Tenure
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Move the slider to set your preferred repayment period. For example, 6, 12, or 24 months. A longer tenure means smaller monthly instalments but higher total interest.
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Available from 3 Months to 36 Months
03
Set Your Interest Rate
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Drag the slider to adjust your estimated interest rate. The calculator will instantly update your monthly and total repayment figures.
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Available from 1% to 4%
Understanding Your Loan Results
Here’s what each value in the calculator means. These estimates help you understand how much you’ll repay and how interest affects your total cost before applying for a loan.
Total Payment
The total amount you’ll repay by the end of your loan, including both the principal and interest.
Monthly Installment
SGD 3057.84
Monthly Installment
The estimated amount you’ll pay each month over your chosen tenure. It’s based on your selected loan amount, interest rate, and repayment period.
Monthly Instalment
SGD 11156.80
Total Interest
The total interest charges you’ll pay over the full loan period, calculated from your entered loan amount, tenure, and interest rate.
Explore Our Loan Solutions
Find a loan that fits your needs. From personal loans to fast cash and foreigner options, Ban King Credit offers flexible solutions for every borrower.
Personal Loan
Get flexible financing with clear terms and fast approval for your personal needs in Singapore.
Apply for Personal Loan
Bad Credit Loan
Get the funds you need even with a poor credit history. We assess your current repayment ability, not just your past record.
Apply for Bad Credit Loan
Fast Cash Loan
Receive quick financial support with straightforward approval and same-day disbursement after verification.
Get Cash Now
Debt Consolidation Plan
Combine multiple debts into one manageable repayment to simplify your monthly finances.
Consolidate Now
Payday Loan
Bridge short-term cash gaps before your next salary with a quick, transparent payday loan.
Get Funds Now
Wedding Loan
Plan your special day with ease. Finance wedding expenses through a simple, fixed-term loan.
Plan Now
Renovation Loan
Upgrade your home or office with affordable instalments and flexible repayment options.
Renovate Now
Medical Loan
Cover medical bills or emergency treatment costs quickly with fair and capped interest rates.
Get Help Now
Vacation Loan
Turn your travel plans into reality with a convenient loan for flights, accommodation, or leisure spending.
Travel Now
Foreigner Loan
Foreign workers with valid passes can access reliable financial assistance with clear, fair repayment terms.
Apply for Foreigner Loan
Business Loan
Support your company’s cash flow and operations with a practical financing plan tailored to SMEs.
Apply for Business Loan
Need a faster way to get your loan approved?
Apply instantly using Singpass for a quick and secure submission.
Borrowing Insights in Singapore
Discover practical tips on personal loans and money management from Ban King Credit, a licensed moneylender in Singapore.
How to Choose the Right Licensed Moneylender in Singapore
A licensed moneylender in Singapore must be listed on the Ministry of Law’s Registry to legally operate and offer loans. Licensed moneylenders are bound by MinLaw’s interest rate caps maximum 4% per month with all fees clearly disclosed in wri...
- November, 11 2025
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Understanding How Personal Loans Work in Singapore
Personal loans in Singapore are unsecured, fixed-term loans that can be used for various purposes without requiring collateral. Eligibility for personal loans depends on income and residency status; Singaporeans and PRs earning over S$20,000 annua...
- November, 11 2025
- 7 mins read
Debt Consolidation vs Personal Loan: Which Should You Choose?
A Debt Consolidation Plan (DCP) in Singapore is a MAS-regulated bank loan that merges multiple unsecured debts into one, with lower interest rates and longer tenures of up to 10 years. Debt consolidation loans from licensed moneylenders are an alt...
- November, 11 2025
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How to Borrow Responsibly from a Licensed Moneylender in Singapore
Responsible borrowing in Singapore means only taking loans you can afford to repay, in line with MinLaw’s financial guidelines. Licensed moneylenders must clearly explain loan terms and provide a written contract before disbursing any funds. ...
- November, 12 2025
- 8 mins read
Loan Scam in Singapore: How to Spot Fake Moneylenders and Protect Yourself
A loan scam in Singapore often starts with unsolicited messages on WhatsApp or SMS offering fast approval and low interest with no credit checks. Legitimate lenders never ask for SingPass details, NRIC selfies, or upfront payments before loan disb...
- December, 29 2025
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Frequently Asked Questions
Have questions about using our loan calculator or applying for a loan? Here are some quick answers to help you understand how Ban King Credit’s loan process works.
The calculator provides an estimated repayment amount based on your entered loan amount, tenure, and interest rate. Actual figures may differ slightly after in-person verification and final approval by Ban King Credit.
No. Using our Personal Loan Calculator does not affect your credit score or loan eligibility. It is a free tool to help you plan your borrowing confidently.
Licensed moneylenders in Singapore can charge up to 4% interest per month, as regulated by the Ministry of Law. You may enter any rate within that limit for your estimation.
Total payment is the full amount you’ll repay over the loan period, including principal and interest. Total interest refers only to the interest charges incurred during the tenure.
es. Foreigners with valid Work Passes can use the calculator to estimate potential repayments. Loan eligibility will be confirmed during face-to-face verification and assessment.
After submitting your online application, our officer will contact you to confirm your details. Once verified, you’ll meet us for face-to-face signing before receiving your funds.
Once you’re satisfied with your estimate, click “Proceed to Apply” to submit your loan application online. Our team will contact you to verify details and arrange an in-person signing before disbursement.
In many cases, yes. After verification and contract signing at our office, approved loans may be disbursed on the same day, depending on your submission time and document completeness.
Take the Next Step Towards Your Loan Application
Submit your details and our team will get in touch to guide you through the process. We provide clear terms and quick assistance every step of the way.
6250 5549
Monday - Sat: 11.00am - 8.00pm
Closed on Sundays & Public Holidays
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