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Affordability Calculator
Find the maximum Singapore property price you can afford based on income, existing debts, cash, and CPF savings.
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Sum of all applicants' gross monthly incomes.
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Car loans, credit-card minimum payments, other mortgages.
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Usable for down payment beyond the 5% cash minimum.
yrs
Max Property Price
S$1,400,000
Max loan you can takeS$1,050,000
Down payment neededS$350,000
LTV ratio (loan 1)75%
Max monthly mortgageS$8,250
You are limited by cash + CPF available for down payment. Saving more or using a 2nd applicant can increase your budget.
Computed using TDSR (max 55%) at the MAS stress rate of 4%. Estimates only — actual approval depends on bank assessment.
How affordability is calculated
The maximum property price you can afford is the lower of two limits:
- Income-bound: the largest loan your monthly income can service under TDSR (max 55% of gross income for all debts), stress-tested at 4% interest. Divided by the LTV ratio gives the price.
- Cash-bound: your cash + CPF divided by the required down payment percentage (25% for first loan, 55% for second, 65% for third).
Loan-to-Value (LTV) limits
- 1st housing loan: up to 75% LTV (5% cash + 20% cash/CPF)
- 2nd housing loan: up to 45% LTV (25% cash + 30% cash/CPF)
- 3rd or more: up to 35% LTV
Cash-only minimum is 5% of the purchase price for the first loan, 25% for second loan onwards.