• Education Loan Calculator (Interest Servicing Repayment)


The computations and results are for illustrative purposes only and must not be relied upon as advice or an offer of the quoted rates. They do not have any regard to your specific investment objectives, risk profile, tax, accounting or financial situation or any other need(s) or circumstances. CIMB does not represent or warrant that the computations or results from the calculator(s) are complete, accurate, adequate or an official projection by the bank. There are assumptions, projections, limitations and difficulties in using any graph, chart, formula or other devices to determine financing decisions. Therefore, computations or results may vary, be inaccurate or inapplicable. CIMB makes no warranty whatsoever and accepts no liability or responsibility for any errors or omissions or any loss arising whether directly or indirectly as a result of any person acting on any information herein. We recommend that you seek advice from your personal banker before making any decision. Please call us at (65) 6333 7777 or approach our banks at any of our branches to learn more about which of our products and services best fits your needs. When you purchase any CIMB Bank product, we may not necessarily take your result from the calculator(s) into account.


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Education Loan Calculator (Interest Servicing Repayment)

This shows your monthly repayment during and after your interest servicing period, based on your loan amount, loan tenure and course duration.
Note: You may loan up to 8 times your monthly income or S$200,000, whichever is lower.

Loan Amount (S$)

Our minimum loan amount is S$1,000.

Our maximum loan amount is S$200,000.

Course Duration (Months)

The minimum course duration for Interest Servicing is 6 months.

The maximum course duration for Interest Servicing is 120 months.

Loan Tenure (Years)

Loan Tenure must be greater than Interest Servicing Period.

Interest Servicing Period (Years)

Click here to visit the CIMB Education Loan page.

Monthly Interest
(During Interest Servicing Period)
S$ 0
Monthly Instalment
(After Interest Servicing Period)
S$ 0

Interesting Servicing Repayments

Repay only the Interest during the course of study ("Interest Servicing Period") and the Principal and Interest of the loan thereafter.

Interest Servicing Period will be determined by the duration of the course provided that the Interest Servicing Period shall not exceed 4 years. The Interest Servicing Period will be rounded up to the next 6 month mark, e.g. if the course is 3 years and 7 months, the Interest Servicing Period will be 4 years.

Repayment of Principal + Interest will start at the end of the Interest Servicing Period.

Loan Tenure (Years) Monthly Rest Interest Rate Processing Fee Effective Interest Rate** Monthly Instalment Amount*
- Course of study
First 4 years: CIMB Prime Rate + 0.49% p.a.^
2% - S$100
5 Thereafter: CIMB Prime Rate - 0.11% p.a.^ 6.44% S$1,716
6 6.34% S$881
7 6.27% S$603
8 6.21% S$465
9 6.15% S$382
10 6.11% S$326

Terms & Conditions

* The above monthly instalment amounts have been simplified for illustration purposes.

^ Interest rates are subjected to change without prior notice.

** Effective Interest Rate (EIR) is calculated taking into consideration the applicable processing fee and based on approved loan amount of S$20,000. The EIR may differ depending on the applicable monthly rest interest rate and actual loan tenure.

Terms & Conditions apply. Click here to view the full Terms & Conditions.