Loan-to-Value (LTV) limit

The Loan-to-Value, or LTV, limit is the highest percentage of a flat's price or value that can be covered by a housing loan. For HDB loans, the LTV is now below 90%. For bank loans, it is usually up to 75%, depending on MAS rules and the buyer's situation. Current limits should always be checked on the HDB and MAS websites.

If a flat costs a lot of money, the LTV limit tells you how much of that price a loan can cover. You still need to pay the rest yourself.