Loan-to-value calculator Singapore
A bank may lend up to 75% of the lower of the price and the valuation on a first housing loan, 45% on a second and 35% on a third, and less when the tenure passes 30 years for private property or 25 for an HDB flat, or the loan runs past age 65. An HDB loan's limit is 75%.
Rules last changed on 20 August 2024.
Find your loan limit
- LTV limit
- 75%
- Largest loan
- S$1,125,000
- Paid in cash or CPF
- S$375,000
Within 30 years and ending by age 65. Longest tenure for this loan: 35 years.
Rules used for a loan on 2 October 2026
- HDB loan cut to 75%; bank loans 75% / 45% / 35% (55% / 25% / 15% if tenure or age limits are exceeded), in force from 20 August 2024 (source)
- Maximum 35 years for private property, 30 for a bank loan on an HDB flat, 25 for an HDB loan; tighter LTV beyond 30 years (private) or 25 years (HDB flat), or past age 65, in force from 27 August 2013 (source)
Current rates
| Outstanding housing loans | Bank loan | Tenure beyond 30 years (private) or 25 (HDB flat), or past age 65 |
|---|---|---|
| None | 75% | 55% |
| One | 45% | 25% |
| Two or more | 35% | 15% |
| HDB loan | 75% | 75% |
Of the lower of the price and the valuation. HDB pro-rates its limit when the lease cannot cover the youngest buyer to age 95.
| Loan | Longest tenure |
|---|---|
| Bank loan, private property | 35 years |
| Bank loan, HDB flat | 30 years |
| HDB loan | 25 years |
The limit, worked
An HDB loan on a flat valued at S$500,000, over 25 years: the limit is 75%, so the loan can be up to S$375,000 and the rest, S$125,000, is paid in cash or CPF.
Source: HDB, Measures to Cool the HDB Resale Market and Provide Greater Support for First-time Home Buyers (19 August 2024), Paragraph 1: the LTV limit for housing loans provided by HDB will be lowered from 80% to 75%.
Rule history
Every published version of the rules this calculator uses, with the date it took effect.
Loan tenure caps
Chosen by: The date the loan is granted.
- From 27 August 2013In force todayMaximum 35 years for private property, 30 for a bank loan on an HDB flat, 25 for an HDB loan; tighter LTV beyond 30 years (private) or 25 years (HDB flat), or past age 65Read the policy event in the archive
Not modelled before 27 August 2013.
Loan-to-Value limits
Chosen by: The date the loan is granted. Some changes exempted an Option to Purchase granted earlier; the rule set's transitional records that.
- From 20 August 2024In force todayHDB loan cut to 75%; bank loans 75% / 45% / 35% (55% / 25% / 15% if tenure or age limits are exceeded)Primary source
- From 30 September 2022 to 19 August 2024HDB loan cut to 80%; bank loans 75% / 45% / 35%Read the policy event in the archive
Not modelled before 30 September 2022.
Questions
What is the LTV limit on a housing loan?
For a bank loan, 75% with no other housing loan outstanding, 45% with one and 35% with two or more, of the lower of the price and the valuation. For an HDB loan, 75%.
How long can the loan be?
Up to 35 years for private property and 30 years for a bank loan on an HDB flat. An HDB loan runs at most 25 years.
Why does a longer tenure lower the limit?
MAS applies a tighter limit when a bank loan runs beyond 30 years for private property or 25 years for an HDB flat, or past the borrower's age of 65. For joint borrowers, lenders use an income-weighted average age.
Is this calculator financial advice?
No. It applies the published limits in force on the date you enter. A lender's own assessment decides the loan it will offer.
Estimates only, from the published rules in force on the date you enter. Confirm with IRAS or your lawyer before you transact. All calculators