Loan Affordability Calculator

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Client Name (for printed report)

Borrower Profile

Residency Status

Applicant Type

Borrower AgeYour current age

Existing Properties OwnedProperties you currently own

Co-Borrower Details

Co-Borrower Age

Co-Borrower Residency

Income

Note: Variable income (commission, bonuses, allowances) is subject to a 30% haircut per MAS rules. Enter the 12-month average.

Fixed Monthly IncomeBorrower 1 — basic salary

Variable IncomeAvg/month over 12 months

Co-Borrower Income

Fixed Monthly Income

Variable Income

CPF OA Available for Downpayment Combined CPF Ordinary Account balance usable for this purchase

CPF OA can offset the balance downpayment (above min. cash) and Buyer's Stamp Duty. ABSD must be paid in cash.

Existing Monthly Debt Obligations

TDSR includes all debts. Enter existing monthly repayment obligations. Do not include the new home loan — it will be calculated automatically.

Other Property LoansMonthly repayments

Car LoanMonthly instalment

Student / Renovation LoansMonthly instalment

Credit Card Min. PaymentMonthly minimum due

Other LoansPersonal loans, etc.

Property & Loan Details

Property Type

Desired Loan TenureYears

yrs

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Interest RateMAS floor: 4% for residential

% p.a.

Outstanding Housing LoansExisting property loans in your name

Property Purchase Price / ValuationFor BSD, ABSD & downpayment calculation

Your Affordability Summary

Estimates update in real time as you type

Maximum Bank Loan

$—

Fill in your details above

Illustration Inputs

Debt Ratios

TDSR (max 55%) —%

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MSR (max 30% — HDB/EC) —%

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Loan Parameters

Gross Monthly Income $—

Max Monthly Instalment $—

Monthly Repayment $—

LTV Limit Applied —%

Effective Loan Tenure — years

⚠ TDSR Limit Exceeded

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How to get within 55%

💳 Pay down existing debts — clearing credit cards, car loans or personal loans directly reduces your TDSR numerator.

👤 Add a co-borrower — a spouse or family member's income raises the 55% income ceiling.

📅 Extend the loan tenure — a longer tenor reduces monthly repayment, lowering your TDSR ratio.

🏠 Lower the property price — a smaller loan reduces the monthly obligation included in TDSR.

💰 Show of Funds in Lieu of Income

Per MAS rules, eligible financial assets pledged with the bank can be amortised over 48 months to create an income equivalent — this may bring your TDSR within the 55% limit.

SGD Deposits / Liquid Assets (Pledged) 0% haircut — full value counts

Other Assets (Pledged, e.g. unit trusts) 30% haircut — 70% of value counts

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Downpayment & Upfront Costs

Upfront Costs Breakdown

Total Downpayment $—

↳ Min. Cash (must be cash) $—

↳ CPF OA Applied $—

↳ Additional Cash Top-up $—

Buyer's Stamp Duty (BSD) $—

↳ CPF OA Applied $—

↳ Cash $—

Add. Buyer's Stamp Duty (ABSD) $—

↳ Cash only (CPF not permitted) $—

Total CPF OA Used $—

Total Cash Upfront $—

Affordability Check

Max Affordable Property Price $—

Important Caveat — Please Read
These figures are indicative estimates only, computed using current MAS guidelines (BSD effective 15 Feb 2023; ABSD effective 27 Apr 2023; TDSR/MSR rules per MAS Notice 632; LTV rules per Housing Loan Rules). Actual loan approval, quantum, interest rate, and terms are determined by each individual bank and will depend on your credit bureau report and credit score, income documentation and verification, property valuation at point of purchase, bank-specific underwriting policies, and any regulatory changes in force at the time of application. Results can and will differ from bank to bank. This calculator does not constitute a loan offer, credit approval, or financial advice of any kind. Please consult a licensed mortgage adviser and your preferred bank before making any property purchase commitment.

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