Artist’s impressionThis TDSR calculator for Meyer Blue 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 to show which of the two rules sets the loan. Illustrative figure, enter your own price: the price field opens at $1,500,000, which is not the price of any home in the development; the Sales Concierge sends the current price list on request. The rules are explained on the housing loan information page.
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 Loan Is Sized at Meyer Blue
The bank starts from assessed income: fixed salary in full, with bonuses and commissions at 70% after the haircut, averaged over twelve months. Up to 55% of that income may service debt each month, so existing repayments are taken off first and what is left is turned into a loan at the MAS medium-term rate, the higher of a 4% floor or the loan’s prevailing rate, over the chosen tenure.
Joint borrowers are assessed on their income-weighted average age. A tenure longer than 30 years, or a loan that runs past age 65 on that average, moves the loan into the lower LTV band with a larger cash share, and the loan becomes the smaller of the TDSR and LTV figures. The progressive payment calculator and the stamp duty calculator complete the picture.
Request the Meyer Blue Price List
Homes at Meyer Blue are on sale now. Ask the Sales Concierge for the developer’s current price list and the homes that remain open for selection. Showflat viewings are arranged by appointment through the Sales Concierge.
What the Sales Concierge sends
- The developer’s price list, with the homes still open.
- The e-brochure and the floor plans of the types you like.
- A payment schedule with the stamp duty worked out for your profile.
- A showflat appointment on a day and time of your choosing.
Request the Price List
No cost and no obligation: every enquiry receives a personal reply from the Sales Concierge.
Prefer to speak to someone? Call +65 6200 6220, or send a WhatsApp message to the same number.