Artist’s impressionThis TDSR calculator for Kassia works out the largest home loan an income can carry under the MAS Total Debt Servicing Ratio and compares it with the loan-to-value limit on the price, showing which of the two rules sets the loan. Illustrative figure, enter your own price: the price field opens at $1,500,000, a round number that is not the price of any home in the development; the Sales Concierge sends the current price list on request. The housing loan information page explains the rules it uses.
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.
Illustrative figure, enter your own price.
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 a Kassia Loan Is Sized
The bank starts from assessed income: fixed salary in full, and bonuses and commissions at 70% after a haircut, averaged over twelve months. Up to 55% of that income may service debt each month, so existing repayments are taken off first, and what remains is turned into a loan at the MAS medium-term rate, the higher of a 4% floor and the loan’s thereafter rate, over the tenure chosen.
For two borrowers, the income-weighted average age applies. A tenure of more than 30 years, or a loan that runs beyond 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 results becomes the loan. The progressive payment calculator and the stamp duty calculator fill in the rest.
Request the Kassia Price List
Kassia is open for sale. Ask the Sales Concierge for the current price list. Showflat viewings are arranged by appointment through the Sales Concierge.
What the Sales Concierge sends
- The price list and the homes that remain.
- The layouts on your shortlist and the e-brochure.
- The instalments due and the stamp duty for a chosen home.
- A viewing slot on a day you choose.
Request the Price List
No obligation. The Sales Concierge responds personally to every enquiry.
Rather talk it through? Call or WhatsApp the Sales Concierge on +65 6200 6220.