This Aurea TDSR calculator works out the largest housing loan an income can carry under the MAS Total Debt Servicing Ratio, then compares it with the loan-to-value limit on the price to show which of the two decides the loan. The price field starts at $1,500,000 as an illustration only and is not the price of any home at Aurea, whose prices are issued by the developer through the Sales Concierge. The rules behind it are on the housing loan information page.
Main Applicant
Counted after a 30% haircut.
Car, personal and other property loans.
Joint Applicant
Counted after a 30% haircut.
Car, personal and other property loans.
Up to 35 years for private property.
Anything below 4% is tested at 4%.
Sets the loan-to-value limit.
Indicative only. A tenure over 30 years, or a loan running past age 65 (income-weighted for joint applicants), moves the loan to the lower LTV limit of 55%, 25% or 15% depending on loans outstanding, and lifts the minimum cash on a first housing loan from 5% to 10%. Where the LTV limit is lower than the TDSR figure, the LTV limit decides the loan. Banks apply their own credit policies; confirm with a bank, or ask the Sales Concierge to arrange an in-principle approval. Leave out any existing home loan that will be repaid before this purchase.
How an Aurea Loan Is Sized
A bank begins with assessed income: fixed salary in full, plus bonuses and commissions at 70% after the haircut, spread across twelve months. Up to 55% of that can go on debt each month, so existing repayments are taken off first, and the balance is turned into a loan amount at the MAS test rate of 4%, or the actual rate if higher, over the tenure chosen.
Joint buyers are assessed on their income-weighted average age. A tenure beyond 30 years, or a loan running past age 65 on that average, moves the loan to the lower LTV band with a larger cash share, and the smaller of the TDSR and LTV figures becomes the loan. The progressive payment calculator and the stamp duty calculator complete the picture before an Aurea showflat appointment.
Register Your Interest in Aurea
The Aurea e-brochure is ready to download in English and Chinese. The Sales Concierge sends the floor plans and the current price list for Aurea, and arranges a private viewing of the show units at a time that suits you.
What the Sales Concierge sends
- The full project details, alongside the e-brochure you can download now.
- The floor plans of the Prestige and Signature Collections, from the 635 sq ft 2-bedroom to the 1,798 sq ft 4-bedroom Premium.
- The current price list and the balance units chart by stack and level.
- A private showflat appointment and the facility plans for the three landscaped levels.
Register Your Interest
No obligation. The Sales Concierge responds personally to every enquiry.
To talk it through instead, call +65 6200 6220 or send a WhatsApp message to the same number.