Singapore property loan check

Singapore Property Loan Check

Estimate whether a new property loan fits Singapore's TDSR and, where applicable, MSR affordability limits.

55% TDSR cap
30% MSR cap
75% Base LTV cap

Affordability inputs

Loan profile

Income and ages

Variable and other non-fixed income are recognised at 70%. Applicant ages are income-weighted for the LTV age check.

Property and new loan

The calculator uses the higher of the entered rate and the 4.0% residential assessment floor. The new loan is checked against the applicable LTV cap.

Existing monthly debt obligations

Existing property loans affect both TDSR and MSR when MSR applies. Non-property debts affect TDSR only.

Ready to review your home loan options?

Consult with MortgageLogic Advisory

Speak with us to review your property, income profile, loan amount, CPF and cash planning, and likely lender requirements before applying.

Contact us

Rule summary

TDSR, MSR and LTV

TDSR

Total monthly debt obligations, including the new property loan and other existing loans, divided by recognised gross monthly income. The current threshold is 55%.

TDSR = total monthly debt / gross monthly income x 100

MSR

Monthly property-loan instalments, including the loan being applied for and other property-loan instalments, divided by recognised gross monthly income. The cap is 30%, and it is checked alongside TDSR.

MSR = monthly property-loan instalments / gross monthly income x 100

Income treatment

Fixed income is counted at full value. Variable, rental, and similar non-fixed income are reduced by a 30% haircut before being used in the ratio.

recognised income = fixed + 70% x non-fixed income

LTV

The loan amount required is divided by purchase price. The maximum LTV depends on outstanding housing loans, loan tenure, and whether the loan runs past age 65.

LTV = loan amount required / purchase price x 100

LTV scenarios for individual borrowers

Outstanding housing loans Standard LTV Lower LTV
0 75% 55%
1 45% 25%
2 or more 35% 15%

The lower LTV applies if tenure exceeds 25 years for HDB flats, exceeds 30 years for other residential property, or the loan period extends beyond age 65.

Sources: MAS TDSR explainer, MAS MSR and TDSR rules, MAS loan tenure and LTV limits, ABS home loans guide, MOF property market measures, Joint MAS-MND-HDB press release.

This calculator is indicative only. Actual approval depends on lender checks, documentation, LTV rules, CPF usage, tenure rules, age, credit profile, and property-specific terms.