There is absolutely no general public data regarding a "optimum hdb bank loan 480 29" as being the quantities are probable a selected tackle or internal reference. The maximum HDB bank loan volume will not be a set sum but is as a substitute determined by a number of factors, such as the Mortgage-to-Benefit (LTV) limit, the Home loan Servicing Ratio (MSR), and the applicant's age, money, and economical standing. For brand new and resale flats, the most LTV is approximately seventy five% of the acquisition price tag or valuation, whichever is reduce. The MSR makes sure that month-to-month home finance loan repayments usually do not exceed 30% of the client's gross monthly revenue. An HDB personal loan has an desire price of 2.six% for every annum, pegged at 0.one% above the CPF Regular Account (OA) fee, and the utmost tenure is capped at 25 several years or as many as the customer's age more info of 65, whichever is shorter. To determine the maximum loan you will get, you need to make an application for an HDB Mortgage Eligibility (HLE) letter.