Two ceilings apply at once when you finance an Executive Condominium bought from the developer, and on a Wynwood Grand purchase it is almost always the stricter of the two that decides the answer. The Mortgage Servicing Ratio caps your monthly housing repayment at 30% of gross household income; the Total Debt Servicing Ratio caps all monthly debt at 55%. This calculator computes both, takes the lower, and tells you which one bound — then applies the S$16,000 household income ceiling that attaches to this parcel, the CPF Housing Grant tier and, where relevant, the resale levy. The underlying rules are set out on the housing loan information page.
MSR 30% and TDSR 55%, computed together
Wynwood Grand EC Affordability Calculator
Main applicant
Joint applicant
Household Assessment
The Two Ceilings
Loan and Supported Price
Grant and Levy
Indicative only. Variable income is taken at 70% of its monthly average, as banks do. An existing property loan is counted by the bank under MSR as well as TDSR — enter it under “Other loans” and raise it with your banker, because it moves both ceilings. Tenure beyond 30 years drops the LTV cap from 75% to 55%. Eligibility to buy an EC is determined by HDB, not by this site or any calculator on it. Confirm your position with HDB, MAS, IRAS or your bank before committing.
Why the ratio that binds matters
How the Wynwood Grand EC Loan Ceiling Is Set
MSR counts property loans only. TDSR counts everything — car, credit cards, personal and renovation loans — alongside the new mortgage. Because the two are set at 30% and 55% of the same gross income, the crossover is exact: other debts only start to change your answer once they exceed 25% of gross income, since 0.55 × income − debts falls below 0.30 × income precisely when debts pass a quarter of income. Below that line, clearing the car loan before you apply changes your Wynwood Grand EC loan by nothing at all. That is worth knowing before you empty a savings account for it.
Tenure is the other lever. For joint borrowers the bank runs the loan to age 65 on the income-weighted average age, not the older applicant's age, so pairing a younger, higher-earning applicant genuinely extends both tenure and quantum. Thirty years is the practical maximum here, because a longer tenure drops the loan-to-value ceiling from 75% to 55% — see the housing loan information page for the full table.
Grants, ceilings and the gap between them
Wynwood Grand EC Grants and Eligibility Limits
| Average gross monthly household income | First-timer, both SC | First-timer SC + SPR | First-timer + second-timer |
|---|---|---|---|
| $10,000 or below | $30,000 | $20,000 | $15,000 |
| $10,001 – $11,000 | $20,000 | $10,000 | $10,000 |
| $11,001 – $12,000 | $10,000 | Nil | $5,000 |
| $12,001 – $16,000 | Nil | Nil | Nil |
Read the last two rows together and the trap is obvious: the CPF Housing Grant tapers to nothing at $12,000 while the purchase ceiling sits at $16,000. A household earning $13,000 is comfortably eligible to buy a Wynwood Grand EC unit and will receive nothing. Most buyers discover this at the sales gallery; it is better to plan for it now. A second-timer household receives no grant and pays a fixed $55,000 resale levy, deducted from the proceeds of the earlier flat rather than paid upfront. A Citizen Top-Up of $10,000 becomes available later if an SPR member of the household takes up citizenship.
The ceiling itself is fixed for this development. Because the Woodlands Drive 17 land tender closed on 5 August 2025, Wynwood Grand sits under the S$16,000 household income ceiling for its entire sales life — the revised S$18,000 ceiling announced in August 2026 applies only to new units in ECs whose land tender closed on or after 24 August 2026. The same tender date keeps this development on the five-year Minimum Occupation Period and ten-year privatisation framework. Size your staged outlay next with the progressive payment calculator, check the duty on the stamp duty calculator, then register and we will arrange an In-Principle Approval sized to MSR before the preview.
Plan Your Wynwood Grand EC Purchase
Speak to our team about financing, eligibility and the latest pricing for Wynwood Grand EC, or arrange a showflat appointment when viewing opens.