Public Bank Home Loan Calculator
This Public Bank Home Loan Calculator helps you calculate your monthly home loan repayment based on loan amount, interest rate, and loan tenure.
Example Calculation
If you take a loan of $300,000 at an interest rate of 3.5% for 20 years, your monthly repayment would be $1,730.72.
Why It Matters
Knowing your monthly payment helps you plan your finances and budget for your home loan repayment.
Smart Strategy
Consider your financial situation and make sure you are comfortable with the monthly payments before committing to a loan.
FAQs
How do I calculate my monthly home loan payment? The monthly payment is determined by the loan amount, interest rate, and loan tenure.
Can I adjust my loan tenure to lower my monthly payment? Yes, extending the loan tenure will lower the monthly payment, but will increase the total interest paid over time.