Loan Within TDSR Framework

Total Debt Servicing Ratio
The property loan amount in Singapore is regulated by MAS and restricted by Total Debt Servicing Ratio (TDSR) framework.  The TDSR is implemented on 28th June 2013 and the core principal is only 60% of the Cross Income after less any outstanding monthly obligation debt are allow to use to finance the mortgage, based on an interest rate of  3.5%. The total debt is inclusive on the following:

  • Your Credit Card Balance(s)
  • Your Student Loan(s)
  • Your Car Loan(s)
  • Your Personal Loan(s)
  • Your Credit Term Instalment Plans With Retailers

     1st Loan     2nd Loan     3rd Loan
Loan Tenure (yrs) Up to 30  31-35   Up to 30   31-35   Up to 30   31-35
Age The loan tenure will be based on Income-weighted age method
Up to 65 66-70 66-70 Up to 65 66-70 66-70 Up to 65 66-70 66 -70
 Max. LTV  80% 60% 60% 50% 30% 30% 40% 20% 20%
20% (Foreigner & Non-individual)
 Min. Cash Downpayment  5% 10% 10% 25%
All Co-borrowers must be mortgagors, & Guarantors must be co-borrowers
 Total Debt Servicing Ratio (TDSR) 60%
Medium-Term Interest Rate 3.5%

lease kindly select the option accordingly and you will get a good ideal what is the maximum loan you can get.