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See your savings instantly
Enter your current loan details below. Numbers update as you type.
Your Loan
S$
% p.a.
% p.a.
years
S$
Default S$1,800 covers typical legal + valuation. Banks typically subsidise these fully only for loans above S$500K.
Your Savings
Current monthly payment
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New monthly payment
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Monthly Savings
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Based on a 25-year remaining tenure
2-year total savings
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Indicative figures only. Actual savings depend on bank approval, loan terms and final negotiated rate.
How the Calculator Works
1
Enter your loan details
Outstanding balance, current rate, and the new rate you are considering. We pre-fill the new rate with this month's lowest available.
2
See savings instantly
We calculate your new monthly payment using standard amortisation, then show the monthly and 2-year savings compared to your current package.
3
Get connected to a Senior Banker
Click the green button. WhatsApp PropertyNet.SG with your preferred bank, and we will introduce you straight to a Senior Banker who can quote your actual rate. No cost to you.
Refinancing FAQs
It depends on your current rate vs the new rate. As a guide, refinancing a S$800,000 loan from 3.50% to the current market low of 1.32% saves roughly S$870 per month, or about S$20,900 over a 2-year fixed period. Use the calculator above with your own numbers for an instant estimate.
The best window is 3 to 6 months before your existing lock-in period expires. This gives enough time for IPA, paperwork, and legal completion without rushing. If you are already out of lock-in, you can refinance immediately. With 2026 rates near multi-year lows, many borrowers are refinancing now to capture the savings.
Typical refinancing costs in Singapore are S$1,500 to S$3,000 for legal (S$1,800 average) plus S$300 to S$500 for valuation. Many banks subsidise these fees for loans above S$500,000, sometimes covering 100% of legal and valuation. When PropertyNet.SG connects you with a Senior Banker, ask about current subsidy promos for your loan size.
Most Singapore home loan packages have a 2-year lock-in with a 1.5% prepayment penalty on the outstanding loan amount. On a S$800,000 loan, that is S$12,000. The penalty only applies if you refinance before the lock-in expires. The calculator above factors this in when you select Still in lock-in under advanced options.
The calculator is indicative. Actual rates depend on your loan size, property type, income profile, and current bank promotions. Use the numbers as a directional guide. For an actual quote, WhatsApp PropertyNet.SG with your preferred bank and we will introduce you to a Senior Banker who can quote your exact rate.
Ready to get your actual quote?
Pick the bank that suits your situation, then WhatsApp PropertyNet.SG. We will introduce you straight to a Senior Banker who can quote your real rate based on your loan size and profile. No cost to you.
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