08 May 2026
Fixed vs Floating Mortgage Rates in Singapore: 2026 Edition
An analytical guide to selecting the right loan structure to minimize monthly payments under current macroeconomic trends.
Mortgage Guides
05 May 2026
Leverage Optimization in Singapore: Navigating TDSR for Luxury Acquisitions
A breakdown of borrowing limits, stress-test interest rates, and leverage optimization rules under URA and MAS frameworks.
Before embarking on a Singapore property purchase, understanding your borrowing limits is paramount. The Monetary Authority of Singapore (MAS) enforces strict frameworks to ensure financial stability.
**TDSR (Total Debt Servicing Ratio)**
TDSR limits the amount you can borrow for property purchases by taking into account all your outstanding monthly debt repayments (including credit cards, car loans, personal loans, and other mortgages). Under current regulations, your total monthly debt obligations cannot exceed **55%** of your gross monthly income.
**LTV (Loan-to-Value) Limits**
For residential properties, the maximum LTV for a first housing loan is **75%** of the purchase price or valuation, whichever is lower. For subsequent loans, the LTV drops significantly, emphasizing the importance of strategic capital structuring for multi-property portfolios.
**Stress-Testing Interest Rates**
Banks calculate your TDSR using a regulatory stress-test interest rate (currently 4% for residential properties) rather than the actual promo rate. This ensures you can afford your mortgage even if rates rise in the future.
**TDSR (Total Debt Servicing Ratio)**
TDSR limits the amount you can borrow for property purchases by taking into account all your outstanding monthly debt repayments (including credit cards, car loans, personal loans, and other mortgages). Under current regulations, your total monthly debt obligations cannot exceed **55%** of your gross monthly income.
**LTV (Loan-to-Value) Limits**
For residential properties, the maximum LTV for a first housing loan is **75%** of the purchase price or valuation, whichever is lower. For subsequent loans, the LTV drops significantly, emphasizing the importance of strategic capital structuring for multi-property portfolios.
**Stress-Testing Interest Rates**
Banks calculate your TDSR using a regulatory stress-test interest rate (currently 4% for residential properties) rather than the actual promo rate. This ensures you can afford your mortgage even if rates rise in the future.
Tags:
TDSR
LTV
borrowing limits
MAS regulations
mortgage