Are you considering taking out a personal loan in Singapore? Before you do, it’s important to be aware of the repayment options available to you. Lendela’s Personal Loan Calculator provides you with an easy way to calculate the real total cost of your loan as well as your monthly repayment amount, so that you can make the most informed decision about your financial future and choose the best personal loan for your needs.
How It Works
A personal loan calculator is an online tool that helps determine what your monthly payments will be based on key information such as your loan amount, interest rate, and loan tenure.
Use Lendela’s Personal Loan Calculator by moving the sliders to your preferred loan amount and tenure. The calculator will then provide you with an estimated monthly payment for your personal loan in Singapore. To continue, click on “COMPARE NOW”.
Why You Should Use a Personal Loan Calculator
Accurate Information about Your Loan
One of the biggest benefits of using a personal loan calculator is that it provides you with accurate information about your loan. It can be difficult to get a clear picture of what you will be paying just by looking at the interest rate. A personal loan calculator serves as an invaluable tool to help you make a better assessment of the amount that needs to be put aside each month so you can better plan your finances without spending hours crunching numbers yourself.
Understand Potential Costs
With the help of a personal loan calculator, you can get an estimate of how much interest you’ll have to pay over the course of your loan. It also helps provide insight into potential additional costs, such as late fees or charges for early repayment. Armed with this information, you’ll be able to make smart decisions about which lender is right for you and whether taking out a particular personal loan is the most financially prudent decision at this time.
Compare Different Loans Easily
A personal loan calculator is that it allows you to quickly compare different loans side-by-side. It takes away much of the guesswork when trying to decide which lender offers the best deal by giving you an easy-to-understand breakdown of the real cost of borrowing from different lenders so that you can choose the one that best meets your needs.
Calculate Your Loan Interest and Repayment Now
As Singapore’s leading loan comparison platform, Lendela’s Personal Loan Calculator offers an easy and convenient way to calculate your loan interests and monthly repayments so that you can find the best personal loan deal.
Working in tandem with our Personal Loan Calculator is Lendela’s personal loan matching service. All you have to do is fill in a short application, and upon sending your application to various partnering banks in Singapore, we will provide you with a list of pre-approved loan offers and choose the best loan that suits your needs. Rather than spending copious amounts of time researching and applying to various lenders one by one, Lendela provides you with an overview of all the best personal loans in Singapore readily at your fingertips. Click here to apply for a personal loan with Lendela now.