Private Property Affordability Calculator (2026)

The Total Debt Servicing Ratio (TDSR) limits your total monthly debt obligations to 55% of your gross monthly income. This includes all existing loans (car loans, personal loans, credit card minimum payments) plus the new property loan. For example, if you earn $15,000/month, your total debt repayments cannot exceed $8,250/month.

Banks use a stress-test interest rate of 4.0% p.a. (or the actual loan rate, whichever is higher) when calculating TDSR for new property loans. This ensures borrowers can still afford repayments if interest rates rise. The actual mortgage rate you pay may be lower, but the TDSR check uses this higher rate.

For your first property loan with an LTV of 75%, the minimum downpayment is 25% of the purchase price. At least 5% must be in cash — the remaining 20% can be paid from CPF OA. For a $1.5 million condo, that means $75,000 cash minimum plus $300,000 from CPF or cash, totalling $375,000 upfront.

The maximum Loan-to-Value (LTV) ratio for your first property loan is 75%, meaning you can borrow up to 75% of the property value or purchase price (whichever is lower). For a second property loan, the LTV drops to 45%. The maximum loan tenure is 30 years for private property (35 years if the remaining lease covers the loan period plus 10 years).

ABSD (Additional Buyer Stamp Duty) does not directly reduce your loan amount, but it adds a significant upfront cost. Singapore citizens pay 0% ABSD on their first residential property, but 20% on their second. PRs pay 5% on first and 30% on second. Foreigners pay 60% on any residential property. These costs must be paid in cash and reduce your available budget.