Templates kept up to date with current regulations Secure payment Email support
My order
Calculator Free, no sign-up Data as of 20 October 2026

Singapore Home Loan Calculator (HDB & Bank) – TDSR & LTV

Calculate your maximum loan amount, monthly instalment, and check eligibility based on Singapore's TDSR, LTV, and MSR rules for HDB and bank loans.

Your details

The purchase price or official valuation of the property.

Select HDB Concessionary Loan or Bank Loan.

The percentage of the property price you plan to pay upfront (cash/CPF). The calculator will also display the minimum required based on loan type and tenure.

Total loan period in years. Maximum is 30 years for HDB loans and 35 years for bank loans, subject to age limits.

For HDB loans, the current rate is 2.6% p.a. (CPF OA rate + 0.1%). For bank loans, enter the offered rate.

Age of the youngest borrower at the time of loan application. Affects maximum loan tenure and LTV for bank loans.

Gross monthly income of all borrowers (before CPF deduction).

Sum of all monthly debt repayments (e.g., car loans, credit cards, other property loans).

Result

Overall Eligibility Yes

You must pass all three checks (TDSR, MSR, LTV) to be eligible for the loan.

How it is calculated

Effective Maximum Tenure The loan tenure that can be used for calculation, considering all limits.
25 years
Maximum LTV Allowed (%) Loan-to-Value ratio limit based on loan type, tenure, and borrower's age.
80 %
Minimum Downpayment Required (%) Minimum percentage you must pay upfront.
20 %
Your Planned Downpayment Downpayment based on your input percentage.
SGD 100,000.00
Loan Amount Principal amount to be borrowed.
SGD 400,000.00
Monthly Instalment Monthly repayment amount (principal + interest).
SGD 1,814.68
Total Debt Servicing Ratio (TDSR) Your total monthly debt obligations as a percentage of income.
28.93 %
Mortgage Servicing Ratio (MSR) Applies only to HDB and Executive Condominium loans.
22.68 %
TDSR Compliant? Must be 55% or lower.
Yes
MSR Compliant? Must be 30% or lower for HDB loans.
Yes
LTV Compliant? Your downpayment must meet or exceed the minimum required.
Yes
Keep in mind
  • This calculator provides estimates based on standard rules. Actual loan approval, interest rates, and terms are subject to the lender's final assessment.
  • For HDB loans, the interest rate used is indicative. The actual HDB concessionary rate is pegged to the CPF Ordinary Account interest rate plus 0.1%.
  • LTV limits for bank loans are 75% if the loan tenure is 30 years or less AND the loan ends before the borrower turns 65. Otherwise, the LTV limit is 55%.
  • The TDSR calculation includes 100% of the property loan instalment. For investment properties, a 30% haircut on rental income may apply, which is not modelled here.
  • The HDB loan must be fully repaid before the borrower turns 65. The calculator enforces this by limiting the effective tenure.

Indicative result, calculated from the details and the rules listed below. It does not replace an official calculation or advice from a professional.

Prepare the document now

With the result already worked out, you can fill in the document right away.

The editor opens with the calculator details already entered.

Loan Agreement
You may also need

Singapore Home Loan Calculator: Understanding TDSR, LTV & MSR

Financing a property in Singapore involves navigating key regulatory frameworks designed to ensure prudent borrowing. The Total Debt Servicing Ratio (TDSR), Loan-to-Value (LTV) limits, and the Mortgage Servicing Ratio (MSR) are the main pillars. This calculator helps you estimate your loan amount, monthly instalment, and check your eligibility against these rules for both HDB concessionary loans and bank loans.

How Your Loan is Calculated

The calculation follows a clear sequence. First, the maximum loan tenure is determined based on the loan type and the borrower's age. For HDB loans, the maximum tenure is 30 years, and the loan must be fully repaid before the borrower's 65th birthday. For bank loans, the maximum tenure is 35 years.

Next, the maximum LTV is set. For HDB loans, it is a flat 80%. For bank loans, it is 75% only if the loan tenure is 30 years or less AND the loan ends before the borrower turns 65. If either condition is not met, the LTV limit drops to 55%. The minimum downpayment is 100% minus the LTV limit.

The loan amount is the property price minus your downpayment. The monthly instalment is calculated using a standard amortisation formula, spreading the principal and interest over the loan's tenure in equal monthly payments.

The Three Key Eligibility Tests

  • TDSR (Total Debt Servicing Ratio): Your total monthly debt obligations (including the new home loan instalment, car loans, credit card payments, etc.) must not exceed 55% of your gross monthly income. This applies to all property loans.
  • MSR (Mortgage Servicing Ratio): For loans on HDB flats and Executive Condominiums (ECs), the monthly mortgage instalment alone must not exceed 30% of your gross monthly income.
  • LTV (Loan-to-Value): The loan amount cannot exceed the percentage of the property's value set by the rules, which depends on the loan type, tenure, and the borrower's age as described above.

You must pass all three tests to be eligible for the loan.

Example: A Couple Buying an HDB Flat

Consider a couple with a combined monthly income of S$9,000, buying a flat valued at S$450,000 with an HDB loan. They plan a 20% downpayment (S$90,000), a 25-year tenure at 2.6% interest, and have existing monthly debts of S$400.

  • Loan Amount: S$360,000
  • Monthly Instalment: ~S$1,630
  • TDSR: (S$1,630 + S$400) / S$9,000 = 22.6% (Pass, under 55%)
  • MSR: S$1,630 / S$9,000 = 18.1% (Pass, under 30%)
  • LTV: 80% (Pass, meets HDB limit)

They would be eligible for the loan.

Frequent Scenarios and Tips

First-time HDB buyers often use the HDB concessionary loan for its stability. Remember to factor in CPF savings for the downpayment and stamp duty.

Upgraders to private property will use a bank loan. Be mindful that the LTV limit drops to 55% if you take a loan tenure longer than 30 years or if the loan extends past your 65th birthday, requiring a larger downpayment. Also, if you have an existing home loan, the TDSR calculation will include that instalment, making it harder to qualify for a second loan.

Self-employed individuals may need to provide additional documentation of their income for the TDSR assessment.

Next Steps: Documenting Your Loan

Once you have an estimate and are ready to proceed with a formal offer, you will need to formalise the agreement. A Loan Agreement is the comprehensive contract detailing all terms between you and the lender. For simpler commitments, a Promissory Note can serve as evidence of the debt and promise to repay. Using our documents, you can pre-fill key details like the loan amount, interest rate, and repayment schedule to create a draft for review.

Frequently asked questions

What is the difference between TDSR and MSR?

TDSR (Total Debt Servicing Ratio) looks at all your monthly debt obligations versus your income, with a limit of 55%. MSR (Mortgage Servicing Ratio) looks only at your mortgage instalment for HDB/EC loans versus your income, with a stricter limit of 30%.

Can I get a 30-year bank loan with 75% LTV?

Yes, but only if the loan will be fully repaid before you turn 65. For a 30-year bank loan, the 75% LTV limit applies if your current age plus 30 years is 65 or less. If you are 40 years old, a 30-year loan would end when you are 70, so the LTV limit would be 55%.

Is the HDB loan interest rate fixed?

No, it is pegged and reviewed quarterly. It is set at 0.1% above the CPF Ordinary Account interest rate. While stable, it can change if the CPF OA rate changes.

What counts as 'monthly debt' for TDSR?

It includes monthly repayments for car loans, credit card balances (minimum payment or 4% of outstanding balance), other property loans, personal loans, and student loans.

What if my loan application fails the TDSR?

You may need to increase your downpayment (to lower the monthly instalment), choose a shorter tenure (subject to LTV rules), pay off other debts, or add a co-borrower with sufficient income.

Does this calculator consider the Additional Buyer's Stamp Duty (ABSD)?

No. This calculator focuses on loan eligibility (TDSR, LTV, MSR). ABSD is a separate tax payable upon purchase. You must ensure you have sufficient funds (cash/CPF) to cover the ABSD on top of the downpayment.

Overtime Pay Calculator (MOM)

Calculates overtime pay for employees in Singapore based on MOM rules. Determines eligibility, hourly rate, and pay for overtime on normal days or rest days.

Free, no sign-up Calculate →

Calculators →