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Business Loan Repayment Calculator Singapore
Planning your next business move? Estimate monthly repayments, compare interest methods, and understand the full cost of your financing.
Free to use · No registration required · Estimates in Singapore Dollars
Illustrative estimates only. Actual terms depend on lender assessment and your loan agreement.
Make the numbers work for you.
Adjust your loan details. See the impact immediately.Cash flows & calculation details
Annualised effective borrowing cost solves monthly IRR using net funds and all scheduled cash outflows, then compounds: (1 + monthly IRR)¹² − 1. It may differ from lender EIR conventions. Calculations use full precision; displayed figures are rounded to cents.
Your inputs stay in your browser. No account or email required.
Important Notice: This calculator provides illustrative estimates for general financial planning purposes only. Actual loan repayments, interest calculations, processing fees, and financing conditions vary between banks and financial institutions. Results do not constitute a financing offer, credit approval, or financial advice. Confirm all terms with your lender or Bizsquare before making a financing decision.
Your repayment, at a glance
See where your repayments go and how your balance changes.Principal & interest
Remaining loan balance
Hover or focus a point for the exact balance.
Full values are available in the repayment schedule.
Annual repayment mix
Hover or focus a year for principal and interest.
■ Navy: principal ■ Teal: interest
Repayment schedule
Monthly repayments in SGD. Fees are shown separately.Payment dates: first day of the next calendar month after disbursement, then monthly. Illustrative equal periods, no daily interest or holiday adjustments. Annual rows group 12 payments from disbursement.
Need help making sense of your options?
Discuss your financing requirements and lender terms with Bizsquare.
Compare up to three scenarios
Save a scenario above, change the inputs, and add your next option.A lower monthly repayment may result in higher total interest over a longer tenure. Different tenures reflect different repayment horizons. No scenario is automatically a “best offer”. Scenarios are held only for this session.
Check your monthly cash buffer
Optional planning aid, not a credit assessment. Use cash revenue and operating outflows, excluding loan repayments. Override the estimate with cash available for all debt service if you have a more reliable figure.
Stress scenario: 20% lower cash available for all debt service, expenses and loan terms otherwise unchanged. Excludes many lending factors, guarantees, credit history, tax timing and seasonal cash flow. No bank approval threshold is assumed.
Understanding the EFS – SME Working Capital Loan
Enterprise Singapore's scheme supports operating cash-flow needs. It does not provide an official fixed interest rate.
Up to S$500,000 per borrower, with a maximum tenure of 5 years. Group limits: S$5 million for EFS-WCL and S$50 million across EFS facilities.
Applicants must operate and be registered in Singapore, with at least 30% ultimate individual local ownership and group annual sales up to S$500 million. EFS-WCL additionally uses group revenue up to S$100 million or employment of up to 200.
Borrowers repay 100% of the debt. Approval and pricing remain subject to the participating financial institution's assessment. These checks do not determine eligibility.
Read Enterprise Singapore's official scheme terms ↗Scheme information reviewed: 30 October 2026. Government terms may change. Confirm current eligibility and financing terms with Enterprise Singapore and participating financial institutions.
A practical guide for Singapore SMEs
Understand the loan behind the number.
How does a business loan calculator work?
Enter the funding amount, quoted annual rate and repayment period. This business loan calculator Singapore preview builds each month’s principal and interest payments, then adds the financing fees you specify. For monthly rest loans, the instalment is P × r ÷ [1 − (1 + r)⁻ⁿ], where r is the annual decimal rate divided by 12 and n is the number of months. At 0%, the payment is simply P ÷ n.
Understanding business loan interest rates in Singapore
A quoted rate is only useful when you know how it is calculated. Lenders assess the business, cash flow, repayment history, security and financing structure. A fixed rate stays unchanged over its agreed period; a floating rate may change under the contract. There is no universal rate built into this calculator. The starting 6% is an example, not a Bizsquare quotation.
Flat rate vs reducing balance interest
On S$100,000 over 36 months at 6%, a reducing-balance loan costs about S$3,042.19 a month and S$9,518.97 in interest. At a 6% flat rate, repayment is S$3,277.78 a month and total interest is S$18,000. Both examples exclude fees. Flat interest uses the original balance throughout; monthly-rest interest uses the balance still owed. Compare total costs and equivalent cash-flow yields.
What affects your business loan repayment?
A larger balance or higher rate increases repayment. Extending the term can ease monthly cash demands while increasing lifetime interest. Fees deducted upfront reduce usable funding; financed fees increase the balance on which interest is charged. An extra payment can reduce interest under this model, but the lender may impose restrictions or charges. Review those terms before relying on a projected saving.
How much can your business afford to borrow?
Start with cash collected, not invoices issued. Allow for suppliers, payroll, rent, taxes, existing debt and seasonal dips before deciding what can support a new loan. Use the cash-buffer check to see what remains after repayments, then stress-test a weaker trading month. A positive estimate is useful for planning but is not proof that a lender will approve the amount.
Business loans available to Singapore SMEs
Term loans can spread a funding requirement across monthly payments. Working capital facilities support operating needs, while trade facilities can be tied to orders or receivables. EFS-WCL is a government risk-sharing scheme offered through participating institutions. Revolving credit, invoice finance, interest-only and balloon facilities do not follow this calculator’s standard amortisation schedule.
What should you compare before accepting a business loan?
Request a written repayment schedule, net disbursement, all fees, security and guarantee requirements, and early repayment terms. Compare the same amount and term first, then assess alternatives against your cash flow. Ask how floating rates reset, how late charges are calculated, and whether unused or cancelled facilities carry fees. The cheapest quoted rate may not produce the lowest total cost.
How Bizsquare can help with business financing in Singapore
Bring your preferred scenarios, funding purpose and cash-flow estimates to a discussion with Bizsquare. Its business financing advisory service can help you explore financing options and understand lender requirements. This calculator gives you a starting point for that conversation; the actual offer depends on the lender’s assessment and agreed terms.
Explore business financing solutions ↗Business loan calculator FAQs
Enter the loan amount, annual rate, interest method and term. Add any fees to see both the instalment and actual monthly cash outflow. Confirm the resulting schedule against the lender’s agreement.
Flat interest is charged on the original principal throughout the term. Reducing-balance interest is calculated on the principal still outstanding. The same quoted percentage produces different costs.
It expresses the cost implied by the cash-flow pattern. This tool includes the entered financing fees, solves monthly IRR and compounds it annually. A lender’s published EIR may use a different annualisation or fee convention.
With the same fixed amount and positive rate, a longer tenure usually lowers each instalment but increases total interest. Compare the whole repayment horizon and your cash buffer.
Check processing, documentation, servicing, cancellation, late-payment and early-settlement charges. Enter known mandatory financing fees; do not include unrelated business operating costs.
Requirements vary by lender and facility. A shorter trading history can affect assessment. Check the specific institution’s requirements; this calculator does not determine approval.
It is a government risk-sharing scheme for eligible Singapore SMEs’ operating cash-flow needs through participating institutions. Refer to the dated scheme panel and Enterprise Singapore for current limits and eligibility. Borrowers remain responsible for the full loan.
Check your agreement for lock-in periods, notice requirements, fees and interest rebates. The reducing-balance extra-payment model assumes no penalty. A flat-rate settlement figure cannot guarantee a rebate.
Some lenders offer unsecured facilities, but personal guarantees or other conditions may still apply. Availability and terms depend on lender assessment.
No. It is an illustrative planning tool. No credit application is submitted, and no lender approval or quotation is generated.
Find a financing option that fits your business.
Review potential options, lender requirements and repayment commitments with Bizsquare.
Methodology & official references
Reviewed 30 October 2026. Monthly-rest and flat-rate models assume equal monthly payment intervals. No day-count adjustments, interest-only periods, balloon balances, missed payments or automatic GST are modelled. Flat-rate schedule principal is allocated evenly. Extra payments and one hypothetical rate reset are available for reducing balance only.
Floating-rate forecasts, early settlement figures, and affordability estimates depend on the assumptions entered and may not match actual lender calculations. SORA is a Singapore-dollar reference benchmark, not a complete lender rate; this tool does not fetch live benchmark values.
- Enterprise Singapore: EFS – SME Working Capital Loan
- MoneySense: flat rate, monthly rest and effective interest rate
- Monetary Authority of Singapore: SORA
No MAS, Enterprise Singapore or bank endorsement is implied. Scheme configuration and publication URLs must be reviewed before live integration.