There's no public details relating to a "highest hdb mortgage 480 29" as the quantities are very likely a particular handle or inner reference. The maximum HDB financial loan sum just isn't a hard and fast sum but is as a substitute determined by quite a few variables, such as the Bank loan-to-Value (LTV) limit, the Mortgage Servicing Ratio (MSR), plus the applicant's age, revenue, and economical standing. For new and resale flats, the utmost LTV is more info as much as 75% of the acquisition cost or valuation, whichever is decreased. The MSR ensures that regular monthly mortgage repayments tend not to exceed thirty% of the customer's gross regular monthly money. An HDB mortgage has an fascination amount of two.six% per annum, pegged at 0.1% previously mentioned the CPF Everyday Account (OA) price, and the maximum tenure is capped at 25 several years or up to the buyer's age of 65, whichever is shorter. To determine the maximum bank loan you can obtain, you must apply for an HDB Mortgage Eligibility (HLE) letter.