HDB Loan vs Bank Loan Calculator (Singapore, 2026)

Monthly repayment · Total interest · Simple break-even vs fees · Last updated: 2026-02-27

What this is for: turn “rate talk” into monthly cashflow and interest exposure.

If you’re deciding structure: read the framework first → HDB loan vs bank loan (decision).
If you’re choosing a package: pair this with refinance vs reprice.
If you want the full schedule view: use mortgage amortization calculator.

Note: This is simplified amortization math. Real packages can include lock-ins, subsidies, penalty clauses, and step-up rates. Use conservative inputs.

Inputs

Loan amount (S$)

Outstanding principal borrowed.

Tenure (years)

Typical: 20–30 years.

HDB loan rate (% p.a.)

HDB concessionary rate is commonly ~2.6% p.a. (check latest).

Bank loan rate (% p.a.)

Use your expected average / stress-tested rate.

Bank switch/refinance fees (S$)

Legal, valuation, clawbacks, admin (net of subsidies).

HDB admin/other fees (S$)

Set to 0 if not applicable for your case.

Results

Enter inputs and click Calculate.

What to do next

Decision framework: HDB vs bank loan (worked example).
Rate strategy: fixed vs floating · refinance vs reprice.
Borrowing constraint: TDSR/MSR calculator · TDSR/MSR explainer.