For illustration onlyThe TDSR calculator for Grand Dunman works out the largest home loan an income can carry under the MAS Total Debt Servicing Ratio, then compares it with the loan-to-value limit on the price, so you can see which rule sets the loan. Illustrative figure, enter your own price: the price field starts at $1,500,000, a round number that is not the price of any home at the development; the Sales Concierge sends the current price list on request. The housing loan information page explains the rules behind it.
Main Applicant
Counted after a 30% haircut.
Car, personal and other property loans.
Joint Applicant
Counted after a 30% haircut.
Car, personal and other property loans.
Illustrative figure, enter your own price.
Up to 35 years for private property.
Anything below 4% is tested at 4%.
Sets the loan-to-value limit.
Indicative only. A tenure over 30 years, or a loan running past age 65 (income-weighted for joint applicants), moves the loan to the lower LTV limit of 55%, 25% or 15% depending on loans outstanding, and lifts the minimum cash on a first housing loan from 5% to 10%. Where the LTV limit is lower than the TDSR figure, the LTV limit decides the loan. Banks apply their own credit policies; confirm with a bank, or ask the Sales Concierge to arrange an in-principle approval. Leave out any existing home loan that will be repaid before this purchase.
How a Grand Dunman Loan Is Sized
A bank starts from assessed income: fixed salary in full, plus bonuses and commissions at 70% after the haircut, spread over twelve months. Up to 55% of it may go towards debt each month, so existing repayments come off first, and what remains is turned into a loan at the MAS medium-term rate, the higher of a 4% floor or the loan’s thereafter rate, over the tenure you choose.
Joint borrowers are assessed on their income-weighted average age. A tenure beyond 30 years, or a loan running past age 65 on that average, places the loan in the lower LTV band with a larger cash share, and the lower of the TDSR and LTV figures becomes the loan. The progressive payment calculator and the stamp duty calculator complete the picture.
Request the Grand Dunman Price List
Grand Dunman is open for sale, and the Sales Concierge sends the current price list with the homes still available. Showflat viewings are arranged by appointment through the Sales Concierge.
Sent on request
- The current price list with the homes still available.
- The e-brochure and the floor plans you shortlist.
- A payment schedule and the stamp duty for your profile.
- A showflat appointment at a time that suits you.
Request the Price List
No obligation. The Sales Concierge responds personally to every enquiry.
Prefer to speak to someone? Call +65 6200 6220, or send a WhatsApp message to the same number.