LTV Ratio Singapore: What It Is, Limits & Bank Rates Guide | Homejourney
The Loan-to-Value (LTV) ratio is the percentage of a property's value or purchase price (whichever is lower) that banks or HDB will lend you for a home loan in Singapore. Regulated by the Monetary Authority of Singapore (MAS), it determines your down payment requirements and maximum property loan percentage, directly impacting affordability for first-time buyers and investors.
For example, a 75% LTV on a $1 million condo means you can borrow up to $750,000, requiring a 25% downpayment ($250,000), with at least 5% in cash for bank loans.[1][3]
Why LTV Ratio Matters for Singapore Property Buyers
Understanding LTV ratio Singapore helps you avoid over-leveraging, meet MAS LTV limits, and qualify for better rates. It works alongside Total Debt Servicing Ratio (TDSR) at 55% of income, ensuring sustainable borrowing.[1][6]
Homejourney prioritizes your safety by verifying real-time data from MAS and partner banks like DBS, OCBC, and UOB. Use our bank rates page to compare loan to value options instantly and calculate eligibility with Singpass integration for faster, secure approvals.
This cluster dives deeper into LTV calculations, current limits, and bank comparisons, linking back to our pillar guide on Singapore home loans for comprehensive coverage. For full basics, see LTV Ratio Singapore: What It Is & Why It Matters | Homejourney .
Current LTV Limits in Singapore (2026)
MAS sets LTV limits to cool the market. For first-time individual buyers:
- 1st property: 75% LTV (25% downpayment; min 5% cash for banks, 0% for HDB).[1][3]
- 2nd property: 45% LTV (55% downpayment; min 25% cash).[1]
- 3rd+ properties: 35% LTV (65% downpayment; min 25% cash).[1]
HDB concessionary loans cap at 75% LTV with ~2.6% p.a. rates, fully payable via CPF OA—no cash needed if funds suffice.[1] Banks may offer less based on credit, age (<65), or tenure (>30 years), dropping to 55%.[1]
Refinancing often allows higher LTV (up to 80% for first mortgages), but TDSR applies.[4] Always check valuations—loans use the lower of price or appraised value.[1]
How to Calculate Your LTV Ratio
LTV Ratio = (Loan Amount / Property Valuation or Price, whichever lower) × 100%.[1]
Example: Buying a $1.2M Tampines condo valued at $1M. Max 75% LTV = $750,000 loan. Downpayment: $450,000 ($50,000 cash min + CPF/cash). Monthly repayment on 25-year tenure at 3% SORA-based rate: ~$3,550, within 55% TDSR for $10K income ($5,500 max).[1][3]
- Step 1: Get property valuation via Homejourney's projects directory.
- Step 2: Assess LTV tier based on property count/age.
- Step 3: Use our mortgage calculator for precise borrowing power.
- Step 4: Apply multi-bank via Singpass on Homejourney for best offers.
Pro tip: Improve LTV by paying down existing loans first—reduces tier penalties.[1]
Singapore Bank Rate Comparison Guide for LTV Loans
Compare top Homejourney partner banks for 75% LTV first-timer loans (as of Jan 2026; rates fluctuate with SORA ~3%). Homejourney aggregates real-time rates safely—no need to visit multiple sites.
| Bank | Key Product | Effective Rate (75% LTV) | Lock-in | Best For |
|---|---|---|---|---|
| DBS | SORA + 0.5% | ~3.2% | 2-3 yrs | First-timers |
| OCBC | Fixed 2.5% | 2.5% | 3 yrs | Stability seekers |
| UOB | SORA + 0.6% | ~3.3% | 2 yrs | Refinancers |
| HSBC | Board -0.2% | ~3.0% | Fixed 3 yrs | Investors |
| Standard Chartered | SORA + 0.4% | ~3.1% | 2 yrs | Low fees |
| Maybank | Fixed 2.8% | 2.8% | 5 yrs | Long lock-in |
Rates exclude fees; DBS/OCBC lead for HDB, UOB/HSBC for private. Compare all (CIMB, RHB, etc.) on Homejourney bank-rates—submit one app, let banks compete.[1][3]
The chart below shows recent interest rate trends in Singapore:
SORA has stabilized ~3% post-2025 hikes, favoring fixed rates now. Track live on Homejourney.
Actionable Steps to Maximize LTV & Secure Best Rates
1. Verify eligibility on Homejourney calculator.
2. Compare rates across DBS to Citibank via our platform.
3. Apply multi-bank with Singpass—auto-fill docs, faster approvals.
4. Time with SORA dips using our real-time tracker.
5. Consult Homejourney brokers for personalized LTV optimization.
Disclaimer: Rates/TDSR subject to MAS changes; seek professional advice. Homejourney verifies data for trust.
FAQ: LTV Ratio Singapore
What is the max LTV for first HDB flat?
75% via HDB loan (25% CPF/cash downpayment).[1]
Does LTV apply to refinancing?
Yes, but often higher (80%) if TDSR met; check Homejourney.[4]
How does LTV affect downpayment?
75% LTV = 25% down; min 5% cash for banks on first property.[1][3]
Can I get over 75% LTV?
No for new purchases; exceptions rare.[1]
Where to compare bank LTV rates?
Homejourney bank-rates for all partners instantly.
Ready to buy safely? Start with property search on Homejourney, compare loans, and apply today. For more, read our pillar on home loans or Home Loan Tenure: Bank Rate Comparison Guide | Homejourney .
