Calculator ยท Private homes

Home loan and TDSR calculator for private homes

This calculator is for private homes: condominiums, apartments and landed houses outside the HDB system. It turns your income and existing debts into the loan a bank may grant under TDSR, then checks it against the LTV ceiling on the price. The lower of the two is the working loan. Replace the opening figure with the one you have in mind.

First borrower

Banks count 70% of this.

Car, study, personal or property loans.

Second borrower

Banks count 70% of this.

Car, study, personal or property loans.

Illustrative figure, enter your own price.

Private homes allow up to 35.

A lower entry is lifted to 4%.

This picks the LTV band.

What the numbers rest on

Basic pay is taken whole, while variable pay is trimmed by 30% and averaged per month. Total debt may absorb 55% of the result; whatever headroom survives your card and loan commitments becomes the instalment, which the calculator turns back into a principal using a stress rate of 4% or higher over your chosen years.

Two borrowers are assessed on an income-weighted average age. If the term runs beyond 30 years, or past that average age reaching 65, the loan moves to the lower LTV band and the cash share rises. Your second and third home loans each lower the band further.

Next steps

The loan limits guide explains each ratio in detail. Once the loan is clear, the progressive payment calculator for private homes shows when the money is drawn, and the private home stamp duty calculator adds the duties. Executive condominium buyers face an extra test and should use the EC affordability calculator instead.

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