Work out the maximum housing loan your income supports for a Impressions @ Dairy Farm purchase, under the 55% Total Debt Servicing Ratio ceiling and the 4% medium-term interest rate floor.
Main applicant
Joint applicant
Rates below 4% are assessed at the 4% floor.
How the ceiling is reached
Estimates only. Variable income is counted at 70% per MAS, and the instalment is assessed at the higher of the actual rate and the medium-term interest rate floor. Confirm the position with your bank before committing.
How the Impressions @ Dairy Farm TDSR Ceiling Is Calculated
TDSR caps total monthly debt obligations at 55% of gross monthly income. Variable income such as bonus, commission or rental is counted at 70%, and the repayment is assessed at the higher of the actual rate and the 4% medium-term interest rate floor set by MAS.
The calculator sets the tenure to end by age 65, up to the 35-year cap for private property, working from the income-weighted average age for joint borrowers, so pairing a younger, higher-earning applicant lengthens both tenure and quantum. A tenure longer than 30 years, or a loan that would still be running after 65 (only where the five-year minimum tenure takes it past that age), falls into MAS’s lower loan-to-value band, and a first-loan buyer there needs 10% of the price in cash instead of 5%.
The result is then capped by the Loan-to-Value ceiling on the purchase price: 75% for a first housing loan, 45% with one outstanding and 35% with two or more, or 55%, 25% and 15% in the lower band. Whichever limit is lower — income or property — is the one that binds, and the calculator reports which.
Stack this with the stamp duty calculator and the progressive payment calculator for the complete picture, then book a showflat appointment.
Be First in Line for Impressions @ Dairy Farm
Registration puts your details with the Sales Concierge ahead of public release, so the brochure, floor plans and price list reach you as the developer issues them. It is free.
- The official e-brochure and full floor plan set on release
- The price list direct from the developer
- Priority appointment at the sales gallery
- Launch-day access to live unit availability