Maximum Loan Quantum (LTV Limit) for Residential Properties in Singapore
Last modified date: 19 August 2026
Maximum Loan Quantum or Loan-to-Value (LTV) Limit refers to the maximum amount an individual can borrow from a financial institution for a housing loan.
Here, we are looking at the Maximum Loan Quantum for new loans to finance residential properties in Singapore. Whether you are buying a private property, an executive condo (EC), or a HDB flat, banks are allowed to finance the purchase up to 75% of the property's price or valuation, whichever is lower. Minimum 5% cash down payment is required. The rest of the down payment can be paid via CPF &/or cash.
If your required loan does not exceed 55% LTV, you can opt for a longer loan period (up to age 70/75 years), capped at 30 years (for HDB)/35 years for private property, provided you can pay at least 10% cash down payment.
However, if you already have an existing housing loan, banks can only finance up to 45% LTV. This is further reduced to 35% if you have 2 or more existing housing loans. Minimum cash down payment is 25%.
The LTV Limit, Minimum Cash Down Payment, and Maximum Loan Tenure for Individual and Corporate Borrowers are summarized in the table below.
To gain more insight into how LTV Limits work, you may check out the 4 Common Property Purchase Scenarios.
|
Individual Borrower |
Corporate Borrower |
||||
|---|---|---|---|---|---|
|
With Zero |
With 1 |
With 2 or more |
|||
| PRIVATE PROPERTY - Up to 30 years Tenure | |||||
|
LTV Limit Min. Cash Down Payment |
75% 5% |
45% 25% |
35% 25% |
15% 85% |
|
| PRIVATE PROPERTY - Up to 35 years Tenure | |||||
|
LTV Limit Min. Cash Down Payment |
55% 10% |
25% 25% |
15% 25% |
15% 85% |
|
| HDB FLAT - Up to 25 years Tenure | |||||
|
LTV Limit Min. Cash Down Payment |
75% 5% |
45% 25% |
35% 25% |
N.A. |
|
| HDB FLAT - Up to 30 years Tenure | |||||
|
LTV Limit Min. Cash Down Payment |
55% 10% |
25% 25% |
15% 25% |
N.A. | |
With effect from 6 Jul 2018
How LTV Limits Work - 4 Common Property Purchase Scenarios
Scenario 1: No Outstanding Housing Loan - Loan up to 75% LTV, Tenure up to Age 65
This typically applies to first-property buyers who prefer maximum loan and minimum cash outlay.
Who are they:
- Young buyers with lower cash reserve and CPF fund for down-payment.
- Buyers who prefer to retain more cash and CPF for investment or other use, especially when housing loan interest rate is low.
- Property investors as they can offset their monthly loan repayment with rental income.
| Bank Loan | 75% | $1,125,000 Max Tenure 30 yrs |
| Minimum Cash Down-payment | 5% | $75,000 |
| Down-payment by CPF & Cash | 20% | $300,000 |
| Bank Loan | 75% | $600,000 Max Tenure 25 yrs |
| Minimum Cash Down-payment | 5% | $40,000 |
| Down-payment by CPF & Cash | 20% | $160,000 |
Scenario 2: No Outstanding Housing Loan - Loan up to 55% LTV, Tenure up to Age 75
This applies to buyers who prefer extended tenure and are fine to borrow up to 55% of the price as they have sufficient fund for down-payment.
Who are they:
- Buyers who have sold existing property and set aside the proceed to pay for the down-payment.
- Buyers with TDSR constraint may require extended tenure (up to age 75) in order to qualify for more loan.
- Buyers who are above age 60. As banks' minimum loan tenure allowed is 5 years, these buyers have to extend tenure up to age 75.
- Buyers who prefer not to maximize their loans so that the loan repayment is manageable for future cash flow consideration.
| Bank Loan | 55% | $825,000 Max Tenure 17 yrs |
| Minimum Cash Down-payment | 10% | $150,000 |
| Down-payment by CPF & Cash | 35% | $525,000 |
| Bank Loan | 55% | $330,000 Max Tenure 11 yrs |
| Minimum Cash Down-payment | 10% | $60,000 |
| Down-payment by CPF & Cash | 35% | $210,000 |
Scenario 3: One Outstanding Housing Loan - Loan up to 45% LTV, Tenure up to Age 65
This applies to investors, who are already home-owners, buying another property for rental income. Bank can finance up to 45% of the new purchase.| Bank Loan | 45% | $675,000 Max Tenure 23 yrs |
| Minimum Cash Down-payment | 25% | $375,000 |
| Down-payment by CPF & Cash | 30% | $450,000 |
Scenario 4: One Outstanding Housing Loan - Loan up to 25% LTV, Tenure up to Age 75
This applies to investors, who are already home-owners, buying another property for rental income. These investors may be older and prefer extended tenure to ease the instalments or to meet TDSR requirement. Bank can finance up to 25% of the new purchase.| Bank Loan | 25% | $375,000 Max Tenure 23 yrs |
| Minimum Cash Down-payment | 25% | $375,000 |
| Down-payment by CPF & Cash | 50% | $750,000 |
Your maximum loan eligibility depends on your Income and Debt Obligation. Refer to our TDSR and MSR Guide.
Unsure if you qualify for the maximum loan, Apply for In Principle Approval here before placing an option fee.
Check out Your Complete Guide to Housing Loan in Singapore.
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