Singapore · Bridging-loan calculator

Bridging-loan cost calculator

Estimate total interest, fees and all-in cost across the three SG bridging-loan pricing models. No email required.

Inputs

SGD 400,000 — typical SG bridging principal sized to expected net sale proceeds.

6 months

Industry-standard tenure across SG bridging is 6 months. Some lenders allow extension at materially higher rates.

The 3 standard SG bridging-loan pricing models. Banks typically quote prime/board or SORA; finance companies often quote fixed.

Specific bridging rates in Singapore are quoted on application — this calculator works off a rate you enter for scenario planning.

Some lenders waive when bundled with the onward mortgage. Leave at 0 if unknown.

Estimated cost

Total interest (6-mo)

SGD 11,000

Typical one-off fees

Legal / conveyancingSGD 1,500 – SGD 3,000
ValuationSGD 300 – SGD 500

Mid-point used in all-in: SGD 2,650

All-in cost (interest + fees mid-point)

SGD 13,650

Get a shortlist

Match to MAS-regulated brokers. Free. No obligation.

Estimates only

Specific bridging rates are quoted on application. Fee bands are industry-typical for SG bridging facilities, not a quote. Stamp duty (BSD / ABSD) is paid separately to IRAS per the published schedule and is not part of bridging interest. Not financial advice — verify rate + fee specifics with the lender or a MAS-licensed mortgage broker.

How the calculation works

Singapore bridging loans are interest-only over a 6-month tenure. There's no amortising principal repayment schedule — the principal is settled in a single lump sum when your existing property sale completes. So the interest calculation is straightforward: 

Total interest = Loan Amount × Annual Rate × (Months ÷ 12)

Example: a SGD 400,000 bridging loan over 6 months at an effective 5.5% per annum: 

400,000 × 0.055 × (6 ÷ 12) = SGD 11,000 interest

Add typical one-off fees (legal SGD 1,500–4,000, valuation SGD 300–800, optional processing fee) to estimate all-in cost. Stamp duties on the new-property purchase (BSD and possibly ABSD per IRAS) are separate and not part of bridging interest.

The 3 SG bridging-loan pricing models

  • Bank prime / board rate + spread — DBS, OCBC, UOB, Maybank, HSBC. The bank publishes a prime or board rate; bridging is quoted as that rate plus a spread (often expressed as "P + x%"). Moves with the bank's reference rate.
  • Compounded SORA + spread — increasingly the standard for new SG property-loan products since the SOR-to-SORA transition completed. Bridging quoted as 1M or 3M compounded SORA + spread. See MAS SORA benchmark page for the underlying.
  • Fixed rate (per-transaction) — common for finance companies (Hong Leong Finance, Singapura Finance, Sing Investments & Finance) and specialist lenders. The rate is quoted as a single fixed effective % per annum for the 6-month tenure.

What the calculator does not cover

  • Stamp duties — BSD and ABSD are paid to IRAS on the new-property purchase per the IRAS published schedule. Not part of bridging interest.
  • Onward mortgage cost — the bridging facility is separate from the main mortgage on the new property. Use a mortgage calculator for the onward loan.
  • CPF interaction — if your outgoing property had CPF used, sale proceeds need to refund CPF (principal + accrued interest at 2.5%) per CPF Board rules before becoming available for bridging repayment.
  • Late-completion charges — if your sale completes after the bridging tenure expires, most SG lenders apply a step-up rate or treat as a fresh facility. See /bridging-loan-rollover-singapore/.

Frequently asked questions

How is bridging-loan interest calculated in Singapore?

Interest = Loan Amount × Annual Rate × (Months / 12). Bridging loans are interest-only — the principal is repaid in a single lump sum when your existing property sale completes. With a 6-month tenure, total interest is simply half of (loan × annual rate).

What rate should I input?

Specific bridging rates are quoted on application by each MAS-regulated lender. Banks typically reference prime / board rate + spread or compounded SORA + spread. Finance companies often quote a fixed effective rate per transaction. Ask the broker or lender for the effective rate including any administrative loading.

What fees are typical beyond interest?

Legal/conveyancing (SGD 1,500–4,000 depending on property type), valuation (SGD 300–800), and a processing fee that some lenders waive when the bridging is bundled with the onward mortgage. Stamp duties (BSD and possibly ABSD per IRAS schedule) are paid separately on the new property purchase and are not part of bridging interest.

Does this calculator give a binding quote?

No. Estimates only — for scenario planning. To get an actual quote, apply via the lender directly or through a MAS-regulated mortgage broker. The /quotes/ shortlist tool routes to brokers for a no-obligation comparison.

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