This Lucerne Grand TDSR calculator estimates the maximum housing loan the applicant's income can support under the Monetary Authority of Singapore's Total Debt Servicing Ratio framework, then compares it against the Loan-to-Value ceiling so the binding limit is clear. Lucerne Grand is private residential property, so the private-property rules apply. The full framework is set out on the housing loan page.
Main Applicant
MAS applies a 30% haircut.
Car, personal and other property loans.
Joint Applicant
MAS applies a 30% haircut.
Car, personal and other property loans.
Maximum 35 years for private property.
Rates below 4% are assessed at the 4% floor.
Sets the Loan-to-Value ceiling.
Indicative only. A tenure over 30 years, or a loan that ends after age 65 (income-weighted for joint applicants), moves the LTV ceiling down to 55%, 25% or 15% for none, one, or two or more outstanding housing loans, and lifts the minimum cash downpayment on a first loan from 5% to 10%. Where the LTV limit is below the TDSR limit, the property loan is the binding constraint. Banks apply their own credit policies — confirm with a bank, or ask the Sales Concierge to arrange an In-Principle Approval. Do not include an existing home loan that will be discharged before this purchase.
How the Lucerne Grand Loan Maths Works
Banks first compute assessed income — fixed income in full, variable income (bonuses, commissions, rental) averaged monthly and cut by 30%. The TDSR ceiling is 55% of that figure across all monthly debts, and the headroom left after existing obligations is converted to a loan quantum at the assessment rate — MAS’s 4% floor, or the bank’s own rate where that is higher — over the chosen tenure. Age is tested on the income-weighted average age for joint borrowers: where that age plus the tenure passes 65, or the tenure is longer than 30 years, the lower loan-to-value band applies, so pairing a younger, higher-earning applicant keeps a longer loan in the higher band.
The result is then capped by the Loan-to-Value ceiling on the purchase price: 75% for a first housing loan, 45% with one loan outstanding, 35% with two or more, falling to 55%, 25% and 15% in the lower band. Whichever of the two limits — income (TDSR) or property (LTV) — is lower is the one that binds. Stack this with the stamp duty calculator and the progressive payment calculator for the complete picture, then book a showflat visit.
Register Your Interest in Lucerne Grand
The e-brochure, the full set of floor plans and the current price list are sent to registered parties by the Sales Concierge. Showflat viewings are arranged by appointment through the Sales Concierge. Registering is free and carries no obligation.
What the Sales Concierge sends
- The Lucerne Grand e-brochure and the full project details.
- All seventeen floor plan types, from the 624 sq ft 2-bedroom to the 1,432 sq ft 4-bedroom premium with entertainment room.
- The current price list and the balance units as they update.
Register Your Interest
Prefer to speak to someone? Call +65 6200 6220, or message the same number on WhatsApp.