Artist’s impressionThis TDSR calculator for The Collective at One Sophia finds the largest home loan an income can support under the MAS Total Debt Servicing Ratio, then sets it against the loan-to-value limit on the price to show which rule decides the loan. Illustrative figure, enter your own price: the price field opens at $1,500,000, which is not the price of any home at the development; the Sales Concierge sends the current price list on request. The rules behind it 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 The Collective at One Sophia
The bank begins with assessed income: fixed salary in full, plus bonuses and commissions at 70% after the haircut, averaged over twelve months. Up to 55% of that may go towards debt each month, so existing repayments are deducted first and the remainder is converted into a loan at the MAS test rate of 4%, or the actual rate if higher, over the chosen tenure.
Joint buyers are assessed on their income-weighted average age. A tenure over 30 years, or a loan running past age 65 on that average, moves the loan into the lower LTV band with a larger cash share, and the smaller of the TDSR and LTV results becomes the loan. The progressive payment calculator and the stamp duty calculator complete the picture.
Request The Collective at One Sophia Price List
The Collective at One Sophia is open for sale, and the Sales Concierge sends the current price list with the homes still available by stack. Showflat viewings are arranged by appointment through the Sales Concierge.
Sent on request
- The current price list with the available units by stack.
- The e-brochure and every floor plan, from 431 to 1,249 sq ft.
- The unit distribution chart, placing each home in Block 1A or 1B.
- A worked payment schedule and the stamp duty for your profile.
- A showflat appointment arranged around your diary.
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.