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Affordability & Max Loan Calculator

Find out your maximum loan quantum based on TDSR, MSR and income. For up to 2 buyers. Results update live as you type.

A first housing loan is capped at 75% LTV with a minimum 5% in cash, and banks must test repayments at a 4% floor even with actual fixed rates near 1.4% in mid-2026 (MAS, verified Aug 2026).
Reviewed by Edmund Ee, CEA Reg. No. R006498C. · Last updated: 8 August 2026
TDSR 55% · MSR 30% (HDB/EC) · Stress test at 4% p.a. · HDB max 25 yrs · EC/Private max 30 yrs · MAS rules 2026
Property & Loan
Results update live
TDSR only (no MSR)
%
MAS minimum stress test: 4%
yrs
Above 30 yrs or past age 65 lowers LTV to 55%
Buyer 1
S$
Monthly fixed salary before CPF deduction
S$
Optional — 30% haircut applied, only 70% counted
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Fixed + (Bonus × 70% ÷ 12)
Monthly Debt Obligations
S$
S$
S$
S$0
Buyer 2
S$
Monthly fixed salary before CPF deduction
S$
Optional — 30% haircut applied, only 70% counted
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Monthly Debt Obligations
S$
S$
S$
S$0
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Enter your income and loan details to see your maximum affordability.

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How it works
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TDSR 55% — all monthly debts (including new mortgage) cannot exceed 55% of gross income
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MSR 30% — applies to HDB and new EC only. Mortgage alone cannot exceed 30% of income
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Stress test at 4% — MAS requires banks to assess at minimum 4% p.a. regardless of actual rate
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Bonus haircut — only 70% of variable bonus / commission counted toward income
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IWAA — for 2 buyers, tenure is capped based on income-weighted average age
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Reduced LTV — tenure above 30 yrs (25 for HDB) or a loan past age 65 lowers LTV from 75% to 55%
Frequently Asked Questions
How do I calculate how much property I can afford in Singapore?
Your affordability depends on three main factors: your gross monthly income, which determines your maximum loan under the 55% Total Debt Servicing Ratio; your available cash and CPF for the downpayment (minimum 25% of the price on a 75% loan); and any existing debt obligations such as car loans or credit card balances, which reduce your borrowing capacity dollar for dollar.
What is the maximum loan I can get for a property in Singapore?
The maximum Loan-to-Value ratio for a first housing loan is 75% of the property price or valuation, whichever is lower. This applies to both bank loans and HDB loans. The LTV drops to 55% if your loan tenure exceeds 30 years (25 years for HDB flats) or the loan extends past age 65. Your loan is further limited by the TDSR of 55% and, for HDB flats and new ECs, the MSR of 30%.
What is the difference between TDSR and MSR?
TDSR (Total Debt Servicing Ratio) of 55% applies to all property loans and counts all your monthly debt obligations including the new mortgage. MSR (Mortgage Servicing Ratio) of 30% applies only to HDB flats and new Executive Condominiums, and considers the property mortgage payment alone. For HDB and new EC purchases, whichever produces the lower loan is the binding limit.
Why is the loan assessed at 4% instead of my actual interest rate?
MAS requires banks to stress-test your repayment ability at a medium-term floor rate of at least 4% per annum for residential loans, even if your actual package rate is lower. This protects borrowers from overextending when interest rates rise. Your actual monthly repayment will follow your package rate, but your maximum loan is sized at the stress-test rate.
How is commission or variable income counted for a home loan?
Banks apply a 30% haircut to variable income such as commission, bonuses, rental income and allowances, meaning only 70% is counted toward your TDSR assessment. A commission earner making S$120,000 a year is assessed at S$7,000 effective monthly income, not S$10,000. Fixed salary is counted in full.

This calculator provides estimates only based on MAS TDSR/MSR guidelines and does not constitute financial advice. Actual loan eligibility depends on your credit profile, existing property loans, employment type and individual bank policies. Always verify with your bank or a licensed mortgage advisor. PropertyNet.SG disclaims any liability for decisions based on these estimates.

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