Drag the slider. See the biggest loan a bank can give you for a private condo, a new EC and an HDB flat — all on the same pay.
TDSR 55% only. Instalment up to . Supports a price of about .
MSR 30% applies. Instalment up to . Supports a price of about .
MSR 30% applies. Instalment up to . Supports a price of about .
With no other debts, a bank can lend about 115 times your monthly income for a private property, but only about 57 times for an HDB flat. The difference is MSR.
Every figure below is stress-tested at 4%, the rate MAS requires banks to use regardless of the rate you are actually offered. “Price” is the purchase price that loan supports at the 75% LTV limit for a first property.
| Monthly income | Private loan | Price | HDB loan | Price | New EC loan | Price |
|---|---|---|---|---|---|---|
| S$3,000 | S$345,611 | S$460,815 | S$170,507 | S$227,343 | S$188,515 | S$251,353 |
| S$4,000 | S$460,815 | S$614,420 | S$227,343 | S$303,124 | S$251,353 | S$335,138 |
| S$5,000 | S$576,018 | S$768,025 | S$284,179 | S$378,905 | S$314,192 | S$418,922 |
| S$6,000 | S$691,222 | S$921,629 | S$341,014 | S$454,686 | S$377,030 | S$502,707 |
| S$7,000 | S$806,426 | S$1,075,234 | S$397,850 | S$530,467 | S$439,869 | S$586,491 |
| S$8,000 | S$921,629 | S$1,228,839 | S$454,686 | S$606,248 | S$502,707 | S$670,276 |
| S$9,000 | S$1,036,833 | S$1,382,444 | S$511,522 | S$682,029 | S$565,545 | S$754,060 |
| S$10,000 | S$1,152,037 | S$1,536,049 | S$568,357 | S$757,810 | S$628,384 | S$837,845 |
| S$12,000 | S$1,382,444 | S$1,843,259 | S$682,029 | S$909,372 | S$754,060 | S$1,005,414 |
| S$15,000 | S$1,728,055 | S$2,304,074 | S$852,536 | S$1,136,715 | S$942,576 | S$1,256,767 |
| S$18,000 | S$2,073,666 | S$2,764,888 | S$1,023,043 | S$1,364,058 | S$1,131,091 | S$1,508,121 |
| S$20,000 | S$2,304,074 | S$3,072,098 | S$1,136,715 | S$1,515,620 | S$1,256,767 | S$1,675,690 |
| S$25,000 | S$2,880,092 | S$3,840,123 | S$1,420,894 | S$1,894,525 | S$1,570,959 | S$2,094,612 |
| S$30,000 | S$3,456,110 | S$4,608,147 | S$1,705,072 | S$2,273,430 | S$1,885,151 | S$2,513,535 |
Fixed income only, no other debts, first property, loan ending by age 65. Private and EC over 30 years, HDB bank loan over 25 years. New ECs carry a household income ceiling set by HDB, so the higher EC rows are for comparison only.
A private home is limited only by TDSR, so up to 55% of your income can go to the instalment if you have no other debts. An HDB flat or a new EC adds MSR on top, which caps the instalment alone at 30%. That one rule cuts the loan almost in half.
HDB flats also have a shorter standard tenure. Spreading the same instalment over 25 years instead of 30 supports about 10% less loan.
| If you have | Effect on a private loan (30 years) |
|---|---|
| S$1,000/month car loan | About S$209,000 less |
| S$10,000 card balance | About S$63,000 less |
| S$2,000 of your pay is variable | S$600 is ignored: about S$69,000 less |
No. It is the most a bank is allowed to lend, not what is comfortable. Borrowing to the ceiling leaves no slack for a rate rise, a job change or a repair bill.
Banks add both borrowers' recognised incomes and both borrowers' debts, then apply the same 55% and 30% caps to the total.
The instalment here is the stress-tested one at 4%. Your real repayment depends on the rate in your loan package, which is usually lower.
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bigcarrotlah@gmail.comEstimates based on MAS rules current in 2026. Individual banks apply their own credit assessment, and pledged assets, guarantors and income-weighted average age can change the outcome. Confirm with a bank or mortgage broker before committing.