Financing a home at Wynwood Grand is governed by the Monetary Authority of Singapore (MAS) rules on loan-to-value (LTV) limits, loan tenure and the Total Debt Servicing Ratio (TDSR). These determine how much you can borrow and the minimum cash you need to put down for your Wynwood Grand EC. The summary below outlines the key limits; your actual eligibility depends on your age, income and existing financial commitments.
MAS residential loan rules
Loan-to-Value & Cash Downpayment
| 1st Loan | 2nd Loan | 3rd & Subsequent | |
|---|---|---|---|
| Maximum LTV (tenure up to 30 yrs & age ≤ 65) | 75% | 45% | 35% |
| Maximum LTV (tenure 31–35 yrs or age > 65) | 55% | 25% | 15% |
| Minimum Cash Downpayment | 5% | 25% | 25% |
Servicing & assessment rules
Tenure, TDSR and Stress Test
| Maximum Loan Tenure | Up to 35 years (longer tenures reduce the LTV ceiling) |
| Total Debt Servicing Ratio (TDSR) | Monthly debt obligations capped at 55% of gross monthly income |
| Medium-Term Stress Test Rate | Loan eligibility assessed at a floor interest rate (around 4%) regardless of the actual rate offered |
| Guarantors / Co-borrowers | All co-borrowers must be mortgagors; guarantors may be required if TDSR is not met |
For an Executive Condominium like Wynwood Grand purchased with a bank loan, the figures above set your borrowing ceiling and cash outlay. Because limits change with policy, treat this as a guide and confirm your eligibility with a banker or mortgage adviser. Next, see how instalments are staged under the payment scheme, or review the stamp duty payable on your Wynwood Grand EC.
Plan Your Wynwood Grand EC Purchase
Speak to our team about financing, eligibility and the latest pricing for Wynwood Grand EC, or arrange a showflat appointment when viewing opens.