Banks cap all your monthly debt repayments at 55% of your income (TDSR), tested at a 4% interest rate. If your salary alone falls short, MAS lets banks count savings and investments as extra income. Pledging them with the bank for four years counts in full; leaving them unpledged counts at only 30%. This calculator shows the loan you can get, and how much you would need to pledge to reach the loan you want.
What it works out
- The income a bank can recognise, after the 30% cut on variable pay
- Your maximum loan at the 4% test rate
- How much you would need to pledge, or show unpledged, to close a shortfall
The calculator is free. Sign in or sign up with your email below to use it.
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