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Loan Administrator salary in Singapore

Average Yearly Salary of Loan Administrator in Singapore is approximately 137,562 SGD (68,996 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Loan Administrator do?

occupation personasA loan administrator is responsible for overseeing the loan application process, ensuring compliance with lending regulations and policies, and managing loan documentation. They review loan applications, verify information provided by borrowers, and evaluate creditworthiness. Loan administrators also communicate with borrowers to gather additional information or clarify details. They collaborate with underwriters to assess loan risks and make recommendations. Additionally, they prepare loan documents, coordinate loan closings, and ensure timely disbursement of funds. Loan administrators may also handle loan modifications, extensions, and other loan servicing tasks.

Skills: loan administration, loan processing, credit analysis, compliance management, loan documentation, customer service
Job industry: Banking


How much does Loan Administrator make?

Salary details
How much does Loan Administrator make?
Estimated Yearly Salary: 137,562 SGD
Estimated Monthly Salary: 11,464 SGD
Estimated Weekly Salary: 2,645 SGD per week
Estimated Hourly Salary: 66 SGD per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 133,312 SGD
Estimated Monthly Salary: 11,109 SGD
Estimated Weekly Salary: 2,564 SGD per week
Estimated Hourly Salary: 64 SGD per hour
Last revision of data: 2024-01-05



Loan Administrator estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 68,996 USD
Estimated Monthly Salary: 5,750 USD
Estimated Weekly Salary: 1,327 USD per week
Estimated Hourly Salary: 33 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Singapore is a vibrant and cosmopolitan city-state located in Southeast Asia. With a population of approximately 5.7 million people, it is one of the most densely populated countries in the world. Despite its small size, measuring only 719 square kilometers, Singapore has become a global hub for trade, finance, and tourism.

Estimated national average yearly salary is 95,377 SGD (67,200 USD). Value indicated is pre-tax. Below graph shows estimated Loan Administrator job salary compared to average salary in Singapore.
Comparison shows that a person working as Loan Administrator in Singapore earns on average:
1.44 times the average salary (or 144% of average salary).

Is Loan Administrator a well paid job?

Yes, our data shows that Loan Administrator is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Loan Administrator?

High salary for Loan Administrator would be somewhere between 151,318 SGD and 199,465 SGD. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loan Administrator in Singapore?

Living in Singapore the approximate monthly expenses are: 2,688 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 137,562 SGD
Estimated Monthly Salary: 11,464 SGD
Estimated Weekly Salary: 2,645 SGD per week
Estimated Hourly Salary: 66 SGD per hour
By working as Loan Administrator a person can save up to 3,062 USD per month or 36,740 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Singapore, see costs of living in Singapore.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Malaysia, Indonesia.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Loan Administrator

Malaysia is 18,312 USDdown arrow 73%
Details on Loan Administrator salary in Malaysia
Indonesia is 10,899 USDdown arrow 84%
Details on Loan Administrator salary in Indonesia
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Singapore

(1,400,313 SGD per year, pre-tax.)
(1,169,524 SGD per year, pre-tax.)
(1,129,281 SGD per year, pre-tax.)
(1,093,464 SGD per year, pre-tax.)
(1,091,467 SGD per year, pre-tax.)
(1,068,249 SGD per year, pre-tax.)
(1,067,130 SGD per year, pre-tax.)
(1,066,002 SGD per year, pre-tax.)
(1,063,823 SGD per year, pre-tax.)
(1,063,241 SGD per year, pre-tax.)

Data as of 2025

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The salary data presented here are meant for informational purposes only. While we attempt to ensure correctness, we cannot guarantee every estimate is flawless. Users should to confirm salary details with independent sources before making important financial choices. Salary ranges may change due to negotiation, industry trends, and location. We deny responsibility for inaccuracies in the compensation data displayed.
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