Housing Loan Calculator

Housing Loan Calculator

Using Housing Loan Calculator, we present calculations for a housing loan for a property purchase of $1,000,000 to be paid over 20 years at 3% interest rate per annum throughout.

Here is the detail of Housing Loan Calculator:

Property Price = $1,000,000

Loan Tenure = 20

5% cash downpayment = $50,000
15% CPF downpayment = $150,000
Amount of Loan = $800,000

YEAR | Monthly Repayment

1 = $4,437.78

2 = $4,437.78

3 = $4,437.78

etc

At end of 20 years repayment:

Total Payments towards interest = $264,827.39
Total Payments towards principal = $800,000.00
Total Principal plus interest paid = $1,064,827.39


Housing Loan Rate