For illustration onlyThe Two Limits on a Grand Dunman Loan
A bank lending on a home at Grand Dunman works within two limits set by MAS. One is the loan-to-value (LTV) limit, which ties the size of the loan to the price; the other is the Total Debt Servicing Ratio (TDSR), which ties monthly debt repayments to income. The loan available is the smaller of the two answers.
Both rules are summarised here as they stood on 22 October 2026, the date this site’s figures were read from MAS. Each bank applies them to the buyer’s own details, so the final figure always comes from the bank.
Loan-to-Value Tiers for Grand Dunman Buyers
Which LTV tier applies turns on the number of housing loans a borrower is already servicing. In every tier there are two ceilings, a standard one and a lower one, and a floor on the cash the buyer must put in.
| Outstanding housing loans | Standard LTV | Lower LTV | Minimum cash |
|---|---|---|---|
| None | 75% | 55% | 5% (10% in the lower band) |
| One | 45% | 25% | 25% |
| Two or more | 35% | 15% | 25% |
Figures from MAS as read on 22 October 2026. MAS may revise them, so check with a bank before committing.
For someone with no housing loan running, the 75% ceiling leaves a quarter of the price to find personally. The 5% booking fee meets the cash minimum, and the other 20% can be drawn from CPF Ordinary Account savings, within CPF limits, or paid in cash.
When the Lower Band Applies to a Grand Dunman Loan
Two triggers move a loan into the lower band: a tenure beyond 30 years, or a repayment period that carries on past the borrower’s 65th birthday. Joint borrowers are tested on their income-weighted average age, and a private home can be financed over as long as 35 years.
Take a borrower of 32 choosing 35 years: the tenure alone is longer than 30 years, and the last repayment would fall at 67, so the lower band applies on both counts. A borrower of 48 choosing 20 years passes the tenure test, yet the loan would still be running at 68, which is enough on its own. Either way, a first housing loan is capped at 55% and the cash minimum rises to 10%.
The TDSR Test for a Grand Dunman Home
The TDSR adds up every monthly debt commitment, with the proposed home loan counted in, and holds the total to 55% of gross monthly income. To build in a margin for higher interest rates, the bank assesses the new loan at a medium-term rate instead of the rate it is offering.
| Rule | As at October 2026 |
|---|---|
| TDSR limit | 55% of gross monthly income |
| Interest rate used for the test | The higher of a 4% floor or the loan’s thereafter rate |
| Variable and rental income | Counted at 70%, after a 30% haircut |
| Longest tenure, private property | 35 years |
| Joint borrowers | Income-weighted average age |
Figures from MAS as read on 22 October 2026. MAS may revise them, so check with a bank before committing. The 4% floor comes from the joint MAS, MND and HDB release of 29 September 2022.
A fixed salary is taken at its full value, while variable and rental income are taken at 70%, after a 30% haircut. Existing commitments such as car loans, other property loans and minimum credit card payments are deducted first, and the headroom left under the 55% ceiling is converted into the largest loan it can service at the test rate.
Putting the Grand Dunman Loan Rules to Work
The rules interact. A buyer with no other housing loan, on a tenure of 30 years or less that ends before 65, faces the standard 75% limit, and the TDSR then decides whether the income supports a loan of that size at the test rate. The TDSR calculator takes one or two borrowers, and for joint borrowers the age test uses their income-weighted average age.
Three calculators on this site run the numbers on any figure entered. The TDSR calculator gives the loan an income supports, the progressive payment calculator sets out the cash, CPF and loan at each stage with an estimated monthly instalment, and the stamp duty calculator adds the duty for the buyer’s profile. Each opens at an illustrative figure; enter your own.
Before Committing to a Grand Dunman Home
An in-principle approval from a bank, obtained before a viewing, is a common first step. It indicates how much the bank would lend on the information supplied, pending its final approval and a valuation, and with it the booking fee, the cash share and the stamp duty can be budgeted as real numbers. The terms, and how long the approval lasts, vary from bank to bank.
After the buyer’s portion is settled, the bank releases the loan in step with the payment scheme and charges interest only on the sums released. The full rules are on the Grand Dunman housing loan page. Showflat viewings are arranged by appointment through the Sales Concierge.
General information as at the date shown, not financial, legal or tax advice. Particulars of Grand Dunman come from the developer’s published particulars, fact sheet, brochure and plans and from URA’s land-sale release; statutory figures are those on this site’s financing pages, and distances are straight lines measured on OneMap. Sources: the MAS limits and the joint MAS, MND and HDB release of 29 September 2022 as set out on this site’s housing loan and payment scheme pages and TDSR calculator.
Ask the Sales Concierge about Grand Dunman
The Sales Concierge sends the price list on request, the homes still available and the e-brochure for Grand Dunman. Showflat viewings are arranged by appointment through the Sales Concierge.