How much can I borrow from the bank

The amount you can borrow from the bank for a housing loan depends on the loan-to-value (LTV) limit and your financial situation.

For residential properties, the maximum loan sum is 75% of the purchase price or valuation sum, whichever is lower. The loan period can be up to 35 years for private houses and 30 years for HDB flats.

Additionally, your monthly repayment should not exceed 60% of your gross income for private residential properties and 30% for HDB flats.

I hope this helps!