LTV Limit Calculator Singapore 2026
Loan-to-Value 75% / 45% / 35% — Outstanding Loans, Age-65 Rule & Down Payment Breakdown
Determine your maximum Loan-to-Value (LTV) ratio and minimum down payment under MAS property loan rules. Your LTV depends on two factors: the number of outstanding housing loans and whether the loan tenure extends beyond age 65. First loan within age limit = 75% LTV (25% down, 5% minimum cash). Second outstanding loan = 45% LTV (55% down, 25% cash). Third or more = 35% LTV (65% down, 25% cash). If age plus tenure exceeds 65, each tier drops by 20 percentage points. This calculator shows your exact LTV, maximum loan, down payment composition (cash vs CPF), and a side-by-side comparison of all three tiers at your property price.
Count only outstanding housing loans (not fully repaid). A fully repaid mortgage (loan closed) is not counted. If you own a property with no outstanding loan, select 0. This determines which LTV tier applies: 0 = 75%, 1 = 45%, 2+ = 35%.
If age + tenure exceeds 65, LTV drops by 20 percentage points (75% → 55%, 45% → 25%, 35% → 15%). For joint borrowers, use the youngest borrower’s age (most favourable). Max tenure: 25yr for HDB, 30yr for private.
Enter your property price, outstanding loans, age, and tenure to see your LTV limit, maximum loan, minimum down payment (with cash vs CPF split), and a comparison across all three LTV tiers.
LTV Limits Singapore 2026 — MAS Loan-to-Value Framework for HDB, Condo & Investment Property
The Loan-to-Value (LTV) limit determines the maximum percentage of a property’s value that a bank or HDB can lend you. A higher LTV means you can borrow more and pay less upfront; a lower LTV means a larger down payment in cash and/or CPF. MAS sets the LTV limits based on two factors: (1) the number of outstanding housing loans you have, and (2) whether the loan tenure, combined with your age, exceeds 65. The framework is designed to ensure borrowers have adequate equity in their properties and can withstand property value declines.
Complete LTV Framework 2026
| Outstanding Loans | Age+Tenure ≤ 65 | Age+Tenure > 65 | Min Cash |
|---|---|---|---|
| 0 (no existing loan) | 75% LTV (25% DP) | 55% LTV (45% DP) | 5% / 10% |
| 1 outstanding loan | 45% LTV (55% DP) | 25% LTV (75% DP) | 25% |
| 2+ outstanding loans | 35% LTV (65% DP) | 15% LTV (85% DP) | 25% |
The Age-65 Rule: How Age Reduces Your LTV
If the sum of the youngest borrower’s age and the loan tenure exceeds 65, the LTV drops by 20 percentage points from the standard tier. Example: a 45-year-old taking a 25-year loan = age + tenure = 70 (exceeds 65) → LTV drops from 75% to 55%. The same borrower taking a 20-year loan = 45 + 20 = 65 (within limit) → full 75% LTV. This rule incentivises shorter tenures or the inclusion of a younger co-borrower. For joint borrowers, the youngest borrower’s age is used (most favourable). Adding a younger spouse or family member as co-borrower can restore the full LTV.
How This LTV Calculator Works — Loan Count, Age Overlay & Down Payment Composition
Step 1 — Enter Property and Borrower Details
Enter the property price, select HDB or private, choose the number of outstanding housing loans (0, 1, or 2+), your age, and the desired tenure. The calculator determines which of the 6 LTV scenarios applies (3 tiers × 2 age conditions).
Step 2 — See LTV, Max Loan and Down Payment Split
The calculator shows your exact LTV percentage, maximum loan amount, total down payment, minimum cash component, and the remainder payable from CPF OA or additional cash. If the age-65 rule triggers a reduction, a warning panel shows the standard LTV versus your reduced LTV and the extra down payment required.
Step 3 — Compare All Three Tiers
The comparison box and stacked chart show the loan-vs-DP split for all three tiers (1st, 2nd, 3rd+ loan) at your property price, so you can see the impact of having an existing outstanding loan on your borrowing capacity and cash requirements.
3 Real Singapore LTV Examples — First-Timer, Second Property Investor & Older Buyer Past Age 65
First-Timer, Age 30, S$600K HDB
2nd Property, Age 40, S$1.5M Condo
Age 50 + 25yr = 75, S$1M Condo
3 Expert LTV Tips — Adding a Young Co-Borrower, Clearing Loans & the 5% Cash Rule
Add a Younger Co-Borrower to Restore Full LTV
The age-65 rule uses the youngest borrower’s age. If you are 50 and want a 25-year tenure (50+25=75, exceeding 65, LTV drops to 55%), adding your 35-year-old spouse as co-borrower resets the assessment to 35+25=60 (within 65), restoring the full 75% LTV. On a S$1M property, this saves S$200,000 in required down payment (25% DP instead of 45%). This strategy is the single most impactful way for older buyers to maintain borrowing capacity. The co-borrower becomes jointly liable for the loan and must meet TDSR/MSR requirements on their combined income.
Clear Your Existing Loan Before Buying the Next Property
The LTV tier is determined by the number of outstanding housing loans — not the number of properties you own. If you own a property with no outstanding mortgage (fully repaid), you are in the 0-loan tier (75% LTV) for your next purchase. If you still have an outstanding loan on your current property, you are in the 1-loan tier (45% LTV) — requiring 55% down payment with 25% in cash. For investors planning to buy a second property: clearing the first mortgage (or selling the first property before buying the second) restores the 75% LTV tier. The difference is enormous: on a S$1.5M property, 75% LTV needs S$375,000 DP (S$75,000 cash); 45% LTV needs S$825,000 DP (S$375,000 cash).
The 5% Cash Rule: First Loan Requires Less Cash Than You Think
For a first housing loan at 75% LTV (within age limit), the minimum cash component is only 5% of the property price. The remaining 20% of the down payment can come from CPF OA. This means on a S$600,000 HDB, you need only S$30,000 in cash — the other S$120,000 can be CPF. Many first-time buyers overestimate the cash requirement. However, for second and third loans, the minimum cash jumps to 25% of the property price — a much more substantial cash outlay. For bank loans, the 5% cash minimum applies to the first loan; for HDB concessionary loans, the full 25% DP can be CPF (no minimum cash for HDB loans). This is one reason HDB loans are popular with first-timers who have limited cash but sufficient CPF.