Two separate rules cap what you can borrow for a purchase at The Vanda Green. Loan-to-value limits cap the loan against the property value. The Total Debt Servicing Ratio caps it against your income. Whichever binds first is the one that matters. Both are stated as at September 2026.
Loan-to-Value Limits for The Vanda Green
| Outstanding housing loans | LTV limit | Minimum cash downpayment |
|---|---|---|
| None (first housing loan) | 75% | 5% |
| One outstanding housing loan | 45% | 25% |
| Two or more outstanding housing loans | 35% | 25% |
Applies where the loan tenure is 30 years or less and does not extend beyond the borrower's age of 65. Subject to change — confirm with MAS or your bank.
| Longer tenure or age beyond 65 | LTV limit | Minimum cash downpayment |
|---|---|---|
| None (first housing loan) | 55% | 10% |
| One outstanding housing loan | 25% | 25% |
| Two or more outstanding housing loans | 15% | 25% |
Applies where the loan tenure exceeds 30 years, or where the loan period extends past the borrower's age of 65. Subject to change — confirm with MAS or your bank.
The tightened band catches more buyers than expected. A 40-year-old taking a 30-year loan reaches age 70 at the end of the term, which triggers the lower limit even though the tenure itself is within 30 years. Both conditions have to be satisfied to stay at 75 per cent.
Total Debt Servicing Ratio for The Vanda Green
| TDSR cap | 55% of gross monthly income |
| Debts counted | The new mortgage plus all other property loans, car loans, personal loans, student loans and a credit-card factor |
| Stress-test interest rate | Minimum 4% per annum, or the prevailing rate if higher |
| Maximum loan tenure | 35 years for private property |
| Variable income treatment | Bonus, commission, rental and other non-fixed income is haircut to 70% before it counts |
| Joint applicants | Tenure is set by the income-weighted average age of the borrowers |
MAS Notice 645 framework as at September 2026. Subject to change — confirm with MAS or your bank.
The stress test is the part that surprises people. Banks must assess affordability at a floor of 4 per cent per annum even when the contracted rate is materially lower, so the loan you qualify for is smaller than today's actual repayment would suggest. Two-thirds of the buyers who are surprised by their approved amount are surprised by this.
Working Out What You Can Borrow for The Vanda Green
Take your gross monthly income, apply the 70 per cent haircut to any variable component, multiply by 55 per cent, and subtract every existing monthly debt obligation. What remains is the monthly repayment a bank will accept. Converted at the 4 per cent stress rate over your maximum tenure, that gives the loan amount — and dividing by the applicable loan-to-value limit gives the purchase price it supports.
Where a joint purchase is involved, tenure is set by the income-weighted average age rather than by the older borrower alone, which usually helps. Where a credit card carries a balance, 3 per cent of the outstanding amount counts as a monthly obligation even if you clear it in full each month.
Reading This Alongside the Other Costs at The Vanda Green
Borrowing capacity is one of three constraints. The second is stamp duty, payable in the first weeks after signing — see the stamp duty page. The third is the timing of instalments, which on a building under construction follows the staged schedule on the payment scheme page.
Settling all three before pricing is released means that when the price list arrives you already know which part of it is available to you.
The TDSR calculator runs this arithmetic for you, including the income-weighted average age on a joint application.
This page is general information, not financial advice. Figures are stated as at September 2026 and are subject to change. Confirm your position with MAS guidance, your bank and a qualified adviser.