Singapore maximum home loan tenure
max_loan_tenureRead-onlyIdempotent
Work out the longest home loan tenure MAS allows for private residential property in Singapore: the lesser of 30 years and (65 minus age). For a joint application, also give the second borrower and it uses the income-weighted average age. From Propely (propely.sg), the owner-direct condo marketplace in Singapore. Indicative figures, not legal or financial advice.
Input Schema
TableJSON Schema
| Name | Required | Description | Default |
|---|---|---|---|
| borrower1Age | Yes | Age of the (first) borrower in years | |
| borrower2Age | No | Age of the second borrower; leave out for a single applicant | |
| borrower1Income | No | First borrower income used for the loan (weights the joint average age) | |
| borrower2Income | No | Second borrower income used for the loan (weights the joint average age) |