Singapore calculator

Mortgage Calculator Singapore - 2025

Our free mortgage calculator helps you make informed financial decisions in Singapore. Whether you are planning your budget, evaluating a loan, or projecting investment growth, our calculator provides accurate results based on Singapore specific rates and regulations.

At a Glance

What will my monthly mortgage payment be in Singapore?

Your monthly payment depends on property price, CPF OA usage, loan type (HDB Concessionary or bank loan), and interest rate. BSD and ABSD are significant upfront costs. Use our mortgage calculator for 2025 rates and CPF rules.

Quick Answer

How much house can I afford in Singapore?

In Singapore, HDB flat buyers can borrow up to 90% LTV with MSR limited to 30% of monthly income. Private property buyers face TDSR at 55% and LTV of 75%. CPF OA can fund the down payment and monthly installments. BSD and ABSD (up to 60% for foreign buyers) significantly affect affordability. Our mortgage calculator factors in CPF OA usage, LTV limits, and stamp duties specific to your citizenship and property type.

Mortgage Calculator

Calculates monthly mortgage payments including taxes, insurance, and HOA

Inputs

Home Price

Down Payment

Annual Interest Rate

Loan Term (Years)

Annual Property Tax

Annual Insurance

Monthly HOA

Results

Monthly Payment

Principal & InterestS$2,661.21

Property TaxS$500.00

InsuranceS$100.00

HOAS$200.00

Total MonthlyS$3,461.21

Loan Summary

Loan AmountS$400,000.00

Total InterestS$558,035.59

Total PaymentS$958,035.59

LTV Ratio80.00%

How to Use the Mortgage Calculator

Follow these simple steps to get accurate results in just a few clicks.

1
Enter the property price
Input the purchase price of the HDB flat or private property in S$.
2
Choose your property type
Select HDB flat (MSR 30% applies) or private property (TDSR 55% applies). This affects borrowing limits.
3
Set your CPF OA usage
Enter the CPF OA amount you plan to use for down payment and monthly installments. Leave a balance for retirement.
4
Select your citizenship status
Choose Singapore Citizen, PR, or Foreigner to apply the correct ABSD rate (0% for first SC, up to 60% for foreigner).
5
Review your full costs
See monthly payment, BSD, ABSD, CPF OA monthly contribution needed, and total interest over loan tenure.

Mortgage Payments in Singapore

Calculate monthly mortgage payments using Singapore interest rates. Enter the property price, down payment, loan term, and interest rate to see your monthly payment breakdown.

Singapore Property Costs

Factor in property taxes, insurance, and GST at 9% where applicable. Our calculator gives you the complete picture of home ownership costs in Singapore.

Other Countries

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Related Guide

How Much House Can I Afford?

Frequently Asked Questions

How much can I borrow for a home in Singapore?

The Mortgage Servicing Ratio (MSR) limits HDB flat loans to 30% of monthly income. For private property, the Total Debt Servicing Ratio (TDSR) caps all monthly debt payments at 55% of income. Banks also apply stress tests at 3.5% above the current rate. Maximum loan tenure is 30 years (25 years for HDB flats). LTV limits: up to 75% for first-time buyers, lower for subsequent properties.

What CPF OA can I use for my home purchase?

You can use CPF Ordinary Account (OA) savings for: down payment, monthly mortgage payments, stamp duty, and legal fees. The CPF Housing Withdrawal Limit is the lower of the purchase price or valuation at time of purchase. For HDB flats, you can use OA for the entire purchase up to the Valuation Limit (VL). Interest accrued on used CPF must be refunded when you sell, plus 2.5-3.5% imputed interest to protect your retirement savings.

What are the stamp duties when buying property in Singapore?

Buyer's Stamp Duty (BSD): 1% on first $180k, 2% on next $180k, 3% on next $640k, 4% on next $500k, 5% on next $1.5M, 6% above $2.5M. Additional Buyer's Stamp Duty (ABSD): 0% for first-time Singapore Citizens buying first home, 20% for second property (SC), 30% for third+ (SC), and up to 60% for foreign buyers. ABSD rates were raised in 2023 and are significant cost factors.

What is the HDB loan eligibility in Singapore?

First-time Singapore Citizen households can apply for an HDB Concessionary Loan (2.6% interest rate, 0.1% above CPF OA rate). Eligibility requires: monthly household income $14,000 or less (family) or $7,000 (singles buying 2-room flexi in mature estates), no property ownership in last 30 months, and being within the Ethnic Integration Policy limits. The loan covers up to 90% LTV for HDB flats.

What are the ongoing costs of home ownership in Singapore?

Monthly costs include: mortgage payment (using CPF OA or cash), property tax (progressive rates based on Annual Value: 0-16% for owner-occupied), S&CC (Service and Conservancy Charges for HDB: $50-$100/month), fire insurance (HDB: ~$20/year), and home insurance (recommended). For private property: management fees ($300-$800/month) and property tax.

What is the Seller's Stamp Duty (SSD)?

SSD applies to residential property sold within certain holding periods: 12% within 1 year, 8% within 2 years, 4% within 3 years for properties bought before March 2017. For properties bought after March 2017, SSD only applies within 3 years (12%/8%/4%). SSD is calculated on the consideration or market value, whichever is higher. No SSD applies after the holding period.

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Last Updated: June 2026 — Reviewed Against Official Sources

Official Sources

Singapore calculators use data from the following official government agencies:

Inland Revenue Authority of Singapore (IRAS) — Personal income tax rates, reliefs, and rebates.
SingStat (Department of Statistics Singapore) — Economic indicators, wage data, and household statistics.
Ministry of Finance (Singapore) — Fiscal policy, GST rates, and government budget data.
CPF Board — CPF contribution rates, allocation ratios, and withdrawal rules.

Methodology

Our Singapore calculators follow income tax rates, CPF contribution rates, and GST rates published by IRAS and the Ministry of Finance. Economic data is sourced from SingStat and the Department of Statistics. All figures are for educational purposes and should be verified with a qualified professional.

Data Sources

All tax brackets, contribution rates, and economic data used in our calculators are sourced from the official government publications listed above. Rates are updated at least annually to reflect the latest tax year and regulatory changes. Users should verify critical figures with official sources or qualified professionals.

Last updated: June 2026. Information may change; always verify with official sources.