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Since 2004

Ask on WhatsApp. Get a real answer in under five minutes.

Not “someone will call you back”. An actual worked answer: what you can borrow, what you need up front and what the stamp duty comes to, while you are still standing in the showflat.

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Compared across 16 banks and lenders
A typical enquiry, answered
Your advisorthe same person, start to finish
replied in 2 min
Hi, we’re viewing a condo at Bukit Timah, asking $2.4m. Base pay between us is about $16,000 a month, both of us 41. How much can we actually borrow?
Running it now. On a 24-year loan, here’s where you stand:
  • Most you could borrow: ~$1.63m
  • Cash and CPF up front: ~$770,000
  • Buyer’s stamp duty: ~$89,600
  • Monthly, tested at 4%: ~$8,810
Your income is what limits you here, not the 75% borrowing cap. I’ve kept the loan to 24 years on purpose. Stretch it past your 65th birthday and the cap drops, so you’d be able to borrow noticeably less.

Do either of you get an annual bonus? It’s counted separately from monthly pay and it would move this.
Yes, about three months each. Roughly $48,000 a year between us.
That takes you to about $1.8m, which is the 75% cap for this property. Past that, more income won’t help. Banks count 70% of a bonus and spread it across the year, so your $48,000 counts as roughly $2,800 a month.

Cash and CPF up front drops to about $600,000. Shall I send you the packages you qualify for?
Your turn
Tap below and your message writes itself.
You are
The property
Price
Household income, monthly
Deciding by
No forms, no call centre. One advisor handles your file from here on.

Nothing is sent until you press send in WhatsApp, and you can change the message there.

Illustrative example.

Compared across
DBS OCBC UOB Standard Chartered HSBC Citibank Maybank Bank of China CIMB Hong Leong Finance POSB RHB Singapura Finance Sing Investments & Finance State Bank of India Bank of Singapore
How it works
Behind the reply

A person answers. The engine gets them there faster.

Every reply comes from someone on our team. What lets them answer that fast is what sits behind them: the comparison, the eligibility checks and the stamp duty and repayment sums all run in one engine — the same one behind every calculator on this site.

What the engine settles before it quotes you anything
Four of the things that decide your shortlist. The full comparison weighs a good many more.
  1. On the board

    Every package on the market

    232 packages from 16 banks and lenders, on our board today. Take the couple in the thread above: buying a $2.4m condo that is already completed, borrowing about $1.8m, and they might sell within two years.

  2. Gate 01

    Property type and status

    A completed private home. Packages for HDB flats, and for homes still being built, are different products, so they drop out.

  3. Gate 02

    Buying or refinancing

    They are buying, so packages offered only to people refinancing drop out.

  4. Gate 03

    Loan size, set by what counts

    Their income sets the loan. Banks test it at 4% against a 55% limit and count 70% of a bonus, which comes to about $1.8m. That clears every package’s minimum loan, so none drop out here.

  5. Gate 04

    Holding period

    They might sell within two years, so packages that charge a penalty for selling that soon drop out. Had they planned to stay, all 126 would remain.

  6. Your shortlist

    What you can actually get

    What is left is costed over the lock-in and ranked. A person checks the top of the list, then it comes back to you on WhatsApp or email.

Counts from today’s board, for the couple in the thread above. No rates are shown: which packages you qualify for, and what each costs over the lock-in, comes back to you on WhatsApp or email.

Next steps
Three steps, one advisor

From your shortlist to the bank.

Step 01

Tell us the property

Price, type, whether it is a purchase or a refinance, and roughly what you earn — including the variable part. Four lines is enough to start.

Step 02

We check what you would qualify for

Every package across sixteen lenders you are actually eligible for, costed over the two or three-year lock-in, with your income counted the way the bank will count it.

Step 03

You apply; we stay on hand

You apply to the bank you choose, and we tell you how it takes applications and what to have ready. Once you accept its letter of offer, your conveyancing lawyer handles the paperwork. We stay on hand for any question along the way.

Still looking? We will help you get the bank’s in-principle approval — how much it will lend you, in writing — before you pay to secure a unit.

Buying or refinancing? Once you’ve talked it through with us, your advisor sends a full comparison like this one.

Sample. Lenders and rates hidden.

Or run the comparison yourself

Running it yourself? No contact details until you’ve seen how many packages you qualify for.

Our bias
What we are paid for

Sometimes the answer is: stay where you are.

A broker is paid when you move. That is a plain conflict of interest, and you should hear it from us rather than work it out for yourself later. So here it is: when your own bank’s offer beats everything we can put in front of you, we will tell you — and we earn nothing from that conversation.

“Even though no money is made from advising me to reprice with my existing bank, the loan advisor still acts in my best interest and advises me to do so.”

Samantha YipValley Park

  • 01You are still inside your lock-in. Leaving early usually costs 1.5% of whatever you still owe. We work that out before anything else, and it often ends the conversation there.
  • 02Your own bank has matched the market. Staying put and asking them for a better rate is quicker than moving, and costs you no legal fees. If their offer is competitive, take it.
  • 03You would have to hand back your legal subsidy. If your last bank paid your legal fees, moving too soon means repaying them. Sometimes that alone reverses the answer.
  • 04Your loan is nearly paid off. Below a certain balance, the savings stop covering the cost and the effort of moving.
And then

We keep your file open

We note what you signed and when your lock-in ends. If your lock-in is coming up, or something better appears before then, we get in touch. You should not have to diarise it — and your own bank has no particular reason to remind you. When it comes round, you will not be starting again with a stranger: we already know your property, your loan and how you like to be dealt with.

Clients
In their words

Two decades of Singapore borrowers.

“An invaluable service to those who have no time to bank-shop.”
Karen HewLantana Avenue
“I didn’t think shortlisting a housing loan can be that easy. Just 3 simple steps and the list of best packages is generated.”
Goh Kian LoongGrange Residences
“Service has been very prompt whenever I need advice and information. Not the least pushy, and patience is very much appreciated.”
Clarins FoungJalan Membina

Read more from our clients, or see where Finko has been featured in the media.

Work it out
One question at a time

Work it out yourself first.

Or take just the piece you need. Every calculator is open to everyone, no message required, and shows its working: what income counts, where the limits fall, what rate we tested against, and the rule behind each one. Those rules are MAS’s and IRAS’s — you do not have to take our word for any of it.

How much can I borrow?

Works to the 55% limit on your total debt, tested at 4% as MAS requires, and adjusts the loan term for your age. Shows every step.

Open the calculator →

Will my bonus and commission count?

Banks count only 70% of bonus, commission and rental income, averaged over a year. If your pay is bonus-heavy, or you work for yourself, this is the page that matters.

Read the guide →

What is the stamp duty?

Both stamp duties worked out separately and shown as a share of the price — including the extra one owed on a second or third property.

Open the calculator →

Fixed, SORA or board rate?

What each one actually commits you to, and which suits how long you realistically expect to hold the place.

Compare rate types →

Floating on SORA? See where compounded SORA is today, updated each business day.

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