Calculate your refinace home loan repayments based on today’s mortgage rate trends. Today's home loan refinance interest rate trends in Singapore - As of Tuesday, December 23rd, 2025, the prevailing interest rates for refinancing 30-year fixed home loans stands at 1.5% for private properties and 1.55% for HDB’s. In terms of floating rates, the lowest interest rate for private properties stands at 1.6% and 1.6% for HDB’s (minimum loan amount of $500k).
Refinancing allows you to secure a lower interest rate, reduce your monthly payments, or adjust your loan terms to better fit your financial goals.
At ROSHI, we understand that refinancing can feel overwhelming, which is why we’ve designed our Refinance Loan Calculator to make the process simple. Just enter details such as your existing loan balance, current and new interest rates, and preferred loan term, and our calculator will instantly estimate your new monthly payment, total interest savings, and refinancing benefits.
By adjusting these variables, you can compare different refinancing options to ensure they align with your budget and long-term financial plans. At ROSHI, our mission is to provide borrowers in Singapore with the knowledge and tools they need to refinance on the best possible terms—helping you achieve greater financial freedom and long-term savings.
Refinancing is complicated. We make it effortless.
Find the Best Refinance Home Loan
Refinancing your home loan will reduce your monthly payments, secure you a reduced interest rate, or reduce the term of the loan. Mortgage rates fluctuate daily, so compare the top refinance home loans to best meet your needs. Our refinance calculator takes the hassle away by giving you instant estimates for your new monthly payments and potential interest savings
Just enter your existing loan information, new interest rate, and desired loan term, and find out how much you can save. By refinancing when you have to, you can unlock cash flow for other goals and lower your overall cost of the loan. Get control of your home financing today and negotiate the best refinance deals with confidence.
Be Smarter About Refinancing
If you realize that your mortgage loan payments are more than you can afford monthly or want to receive a lower interest rate, refinancing your mortgage might be a great fiscal move. Since circumstances may alter, switching over to a low-interest loan benefits you in lessening your monthly payment and conserving tremendous sums of money in the long run.
Our refinance calculator streamlines the process by calculating your new payment using today's rates and loan conditions. Whether you want to stretch your loan term for lower payments or repay your loan faster, the calculator enables you to make a well-informed choice. Refinancing also enhances your overall financial flexibility and allow you to utilize money for other critical expenses. Experiment with our calculator today and find out how much money you can save on your car refinance loan.
Maximize Your Mortgage Refinance Benefits
Refinancing a mortgage has great cost advantages, from saving your interest rate to your loan period or tapping into home equity. But securing the ideal mortgage refinance deal necessitates scrutiny of current rates and conditions.
Our refinance calculator streamlines the process of making an informed decision by coming up with an accurate estimate of your new monthly payment, interest saved, and total cost savings. With a few inputs only—your existing loan amount, interest rate, and tenure—you can compare various refinancing options instantly. Whether you need to save interest or lighten your financial burden, refinancing at the appropriate time can assist in doing so. Make the wise decision and get the best deal on your mortgage refinance by using our calculator now.
Calculate Repayments Based On Current Interest Rates
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A refinance loan calculator is an excellent device for people who wish to reduce their loan repayments, get improved interest rates, or alter their payment periods. From refinancing home loans, auto loans, or personal loans, the calculator identifies potential savings through comparisons of existing loan information and new financing offers. With several refinancing offers on the table from lenders and banks, choosing the best one may be challenging. Using a refinance calculator, you can try out various scenarios and determine how refinancing might affect your monthly payment and total cost of the loan.
Although a refinance calculator is an excellent resource, you would do well to take professional advice too. Meeting a mortgage broker or finance expert allows you to acquaint yourself with the terms, the benefits, and the costs prior to joining a new loan. But a refinance loan calculator can serve as a starting point in making smart financial decisions. Use ROSHI's refinance calculator today and find out what you can save.
How to Use Our Calculator
You must have the following details:
Current Loan Balance
Enter the remaining balance on your existing loan to calculate potential savings from refinancing.
Interest Rate
Input the interest rate of your current loan and compare it with the new rate offered by lenders.
Loan Tenure
Adjust the number of years you plan to refinance for, whether you want to extend, shorten, or keep the same loan term.
Calculate
This is the final step where you can see the estimated new monthly payment, total savings, and breakdown of principal and interest over time.
The Math Behind it
For those curious about how our refinance calculator works, we use the following formula to calculate loan repayments:
M = Monthly Refinance Payment
P = Remaining Loan Balance
i = Interest Rate per Month (Annual Rate ÷ 12
n = Number of months or terms for your new loan
Benefits of Using a Mortgage Calculator
Calculating your monthly repayments is a crucial step in determining how much house you can afford. This is likely to account for the majority of your living expenses.
If you are overpaying on your current loan
Refinancing could lower your monthly payments if you secure a better interest rate, helping you reduce overall costs.
The impact of changing your loan tenure
Extending your loan term can reduce your monthly payments, while shortening the term can help you pay off the loan faster and save on interest.
The effect of a new interest rate
A lower interest rate means you’ll pay less interest over time, which could result in thousands of dollars in savings over the life of your loan.
What Factors to Consider When Deciding to Refinance?
Lenders evaluate several factors before approving your refinance application. These include:
Credit Score
A higher credit score helps you secure the best refinance rates.
Debt-to-Income Ratio (DTI)
Lenders typically prefer a DTI of 35% or lower for refinancing approval.
Existing Loan Terms
Check whether your current loan has prepayment penalties that may affect your refinancing decision.
Refinance Costs
Consider closing costs, legal fees, and other expenses to determine if refinancing is beneficial.
How to Lower Your Refinance Loan Payments?
Use the refinance calculator to test different scenarios to find ways to reduce your new monthly payments.
Extend the loan tenure
Increasing your loan term reduces monthly payments, making them more manageable. However, this may result in higher total interest paid over time.
Reduce loan amount
If you make a lump sum payment before refinancing, your loan balance will be lower, reducing your monthly payments.
Lower the interest rate
Securing a lower interest rate directly reduces your monthly repayments and overall loan cost.
Possible Reasons Your Monthly Payment Might Increase After Refinancing
If you opt for a shorter loan tenure, your payments may increase, but you’ll save on total interest.
If interest rates rise, your new rate may be higher than your current one.
If you roll closing costs into your loan balance, your overall loan amount may increase.
Get Started with ROSHI’s Refinance Calculator
Refinancing can help you save money, lower your monthly payments, or pay off your loan sooner. Use ROSHI’s refinance loan calculator today to explore the best refinancing options and maximize your financial benefits!
What is Loan Refinancing, and How Does It Work?
Loan refinancing is the process of replacing your existing loan with a new one that typically offers better interest rates, lower monthly payments, or different loan terms. By refinancing, you can reduce interest costs, adjust your loan tenure, or access home equity. Our refinance calculator helps estimate potential savings and new monthly repayments based on your updated loan details.
How Can I Use the Refinance Calculator?
Simply input your remaining loan balance, current and new interest rates, and preferred loan tenure into the refinance calculator. It will generate an estimate of your new monthly payments, total interest savings, and overall loan cost. This helps you compare different refinancing options before making a decision.
When Is the Right Time to Refinance?
Refinancing may be beneficial when:
Interest rates have dropped since you took your original loan.
You want to lower your monthly payments or adjust your loan tenure.
Your financial situation has improved, and you qualify for better loan terms.
You want to switch from a floating-rate to a fixed-rate loan for more stability.
Can I Refinance Any Type of Loan?
Yes, refinancing applies to various loan types, including:
Home loans – Lower interest rates or better loan terms.
Auto loans – Reduce monthly payments or extend repayment period.
Personal loans – Consolidate debt or secure better rates.
Our refinance calculator can help estimate savings for different types of refinancing.
What Costs Should I Consider When Refinancing?
Refinancing isn’t free and may include:
Processing fees charged by lenders.
Legal fees for loan agreement changes.
Prepayment penalties if your current loan has early repayment fees.
Valuation fees (for home loan refinancing).
Use our refinance calculator to determine if the savings outweigh the costs before proceeding.
How Much Can I Save by Refinancing?
The amount you save depends on factors like your remaining loan balance, interest rate difference, and loan tenure. A lower interest rate can lead to significant savings over time. Our refinance calculator provides an accurate estimate of your potential savings.
What’s the Difference Between Fixed and Floating Interest Rates in Refinancing?
Fixed rates: The interest rate remains constant for a specific period (e.g., 1–5 years), providing payment stability.
Floating rates: The interest rate fluctuates based on market conditions, potentially leading to lower initial payments but varying over time.
Use our refinance calculator to compare different rate options and find the best fit.
Can I Refinance If My Loan Balance Is Low?
Yes, but some banks and lenders have minimum loan balance requirements for refinancing. Generally, home loan refinancing is ideal for balances above $100,000 to $200,000, while personal and auto loans may have different criteria.
How Long Does the Refinancing Process Take?
Refinancing can take a few weeks to a few months, depending on the type of loan and lender requirements. Using our refinance calculator can help you prepare in advance and compare the best refinancing options quickly.
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Website Information Disclosure
ROSHI is one of Singapore's leading loan matching platforms. We specialise in connecting borrowers with lenders offering personal loans, home loans and refinancing options.
The information published on our site is intended to be accurate and up to date but should not be construed as financial advice and does not consider your personal needs or financial circumstances. While our website provides factual loan information and general guidance, it should not replace professional advice from a licensed financial advisor. Users should consider whether the loan products featured on ROSHI are appropriate for their specific needs.
Loans marked as "Sponsored" are prominently displayed at the top of each page or listing table. As a result of commercial partnerships, ROSHI may receive compensation from lenders when users click on application links, submit inquiries, or successfully secure loans. "Sponsored" loan options should not necessarily be considered the best available or most appropriate for your personal situation.
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Loans listed in our comparison tables are sorted based on various factors including interest rates, fees, features, and popularity. ROSHI provides various filters to help borrowers sort through options and identify benefits.
ROSHI takes an open and transparent approach to its loan matching services. Borrowers should be aware that while we operate independently, our platform does not include all available loan products in Singapore.
Some lenders may offer their loan products through multiple channels, brands, or associated companies, which can make it challenging to comprehensively compare them. ROSHI strives to help borrowers better understand available options through unbiased and well-researched loan information.
Have a question? Ask us about anything!
You're in good hands. Our team is happy to answer all of your question. Fill out the form and we'll be in touch as soon as possible.