There is no public info concerning a "optimum hdb loan 480 29" given that the figures are probably a specific tackle or inner reference. The most HDB bank loan quantity is not a set sum but is as an alternative based on many elements, such as the Loan-to-Price (LTV) limit, the House loan Servicing Ratio (MSR), and also the applicant's age, money, and economic standing. For brand spanking new and resale flats, the maximum LTV is as many as seventy five% of the purchase selling price or valuation, whichever is reduce. The MSR makes sure that monthly house loan repayments never exceed 30% of the client's gross regular income. An HDB bank loan has an fascination level of 2.6% per annum, pegged at 0.1% earlier mentioned the CPF Everyday Account (OA) price, and the utmost tenure is capped at 25 several years or click here nearly the buyer's age of 65, whichever is shorter. To determine the utmost financial loan you can find, you have to make an application for an HDB Bank loan Eligibility (HLE) letter.