Equity Loan Calculator
Use our equity loan calculator to estimate how much you can borrow using the value of your private property.
Our Bank Partners
An equity loan allows Singapore property owners to unlock the value of their home by tapping into their available equity—calculated as a percentage of the property’s current market value, minus any outstanding mortgage and CPF usage. This can be an effective way to access relatively low-cost funds, which can be used to replace higher-interest obligations such as renovation or car loans.
For investors, equity loans also present an opportunity to access capital at competitive interest rates to finance investment ventures that may yield higher returns.
Unlike traditional home loans, equity loans focus on the unencumbered portion of your property. With our equity loan calculator, you can quickly estimate how much cash you may be able to release and preview potential repayment amounts—helping you plan more confidently in Singapore’s evolving property landscape.
Equity loans are available only for private properties and Executive Condominiums (ECs) that have passed the 5-year Minimum Occupation Period (MOP). HDB flats are not eligible, as the Housing & Development Board (HDB) does not permit equity financing.
For eligible properties, banks facilitate the equity loan disbursement, offering a lump sum based on your property's available equity. Repayment is made through monthly instalments over a tenure of 5 to 35 years, with the option of fixed or floating interest rate packages.
The amount you can borrow depends on:
- Property Valuation: The estimated current market value of your property, typically based on recent transactions and bank-assessed value.
- Bank’s Internal Haircut: Most banks will lend up to 75% of the property’s valuation, applying a conservative buffer for risk management.
- Outstanding Home and Equity Loan: Any existing mortgage or prior equity loan amounts will be deducted from the eligible loan quantum.
- CPF Usage: CPF funds previously used for the property (including accrued interest) are factored in and deducted from the property’s value when assessing available equity.
- TDSR Assessment: You must meet the Total Debt Servicing Ratio (TDSR) requirement to qualify for a new equity loan, ensuring that your overall monthly debt obligations remain within regulatory limits.
Our calculator takes these details and shows your Eligible Additional Equity Loan Amount, Home Loan Monthly Instalment, and Equity Loan Monthly Instalment, keeping everything aligned with Singapore’s banking rules.
Let's say:
- Property value: $1,200,000
- Outstanding home loan: $600,000
- CPF usage to date: $100,000
- No existing equity loan
→ You may be eligible to borrow an additional $200,000.
Based on your age and current interest rates, the calculator will also show an estimated monthly instalment for the new equity loan.
Get a clearer picture of your borrowing power with our comprehensive calculator.
Our 6-Step Equity Loan Process:
Property Valuation Check
We assist in checking your property's valuation across multiple banks, as each bank may assess your property’s market value differently.
Available Equity Assessment
Based on the valuation, outstanding mortgage, and CPF usage, we help you calculate the eligible equity amount you may unlock.
TDSR Evaluation
We’ll compute your Total Debt Servicing Ratio (TDSR) to ensure you meet MAS guidelines and determine the maximum equity loan you qualify for.
Loan Package Comparison
Once your loan amount is confirmed, we compare packages across banks to recommend the most competitive option in terms of interest rates and associated costs.
Loan Application Submission
After selecting a bank and submitting the required documents. The bank typically takes up to 5 working days to process the application
Disbursement of Funds
Upon signing the Letter of Offer, the equity loan is usually disbursed within 6 to 10 weeks, depending on the bank and law firm processing time.
A home equity loan can be used for nearly anything, but commonly funds:
Home Renovations
Education
Debt Consolidation
Investments
Business Expansion
Unlike personal loans, home equity loans offer lower interest rates because the property is used as collateral.
Home Equity loans are powerful, but they aren't risk-free:
Collateral Risk
Your home is at stake. Missed payments could lead to foreclosure.
Cash-Only Monthly Instalments
Unlike home loans, you may only use cash to finance the monthly instalments of Equity Loans.
Ready to unlock your home's potential? Try our calculator to explore your home equity loan Singapore options. Whether it's for renovations, investments, or other goals, this tool shows your borrowing power and monthly repayments in seconds.
Leverage your home's value without selling it.
Get clear figures on borrowing limits and monthly payments.
Stay within Singapore's LTV and TDSR requirements.
Access funds for your important life goals.
Let our mortgage specialists analyze your current property value and equity position to identify your borrowing potential. Our advice is always tailored to your unique financial situation and goals.
Book Your Free ConsultationFrequently Asked Questions About Home Equity Loan in Singapore
You can use it for various purposes, such as home renovations, education expenses, investments, starting a business, or consolidating high-interest debts.
The amount depends on your property valuation, outstanding home / equity loan and CPF usage. You will also need to pass TDSR in order to obtain a new equity loan from the bank.
HDB flats are restricted to purchase mortgages only, as per HDB policy, to prevent over-borrowing and protect homeowners. Equity loans are only available for private properties and ECs post-5-year MOP, regulated by banks.
For equity loans, the bank typically caps the loan tenure to 35 years, age of borrower also cannot exceed age 75 at the end of the loan tenure.
Older borrowers will face shorter tenure, which results in a higher instalment and also higher TDSR requirements in order to obtain the desired equity loan amount.