Wondering how much you can borrow for your home purchase in Singapore or the potential savings by switching your loan to POSB? Try our mortgage calculators and learn more about factors determining loan amount and tenure.
AgeGenerally, the younger you are, the longer your maximum loan tenure possible. Regulations have also capped maximum loan tenures for HDB flats and private properties at 30 and 35 years respectively.
For loan tenure longer than 25 years for HDB flats (or 30 years for private properties), the maximum loan amount could be reduced to 60% of property purchase price as well.
Income and Financial Commitment