Solano Grand Financing & Home Loan Guide

Financing a Solano Grand home means lining up your EC eligibility, your loan and the cash you need during construction.

What buyers should know

If you currently own a flat, check how your sale proceeds, CPF and any resale levy affect what you can put towards a Senja Close unit.

Solano Grand prices, final unit choices and loan terms from banks are not available yet, and the completion date is still an estimate. Contact Davis Ng to go through your numbers.

Talk to Davis Ng for an EC-focused review of your finances, and speak to your bank about the loan it would approve.

Financing mechanics

Loan-to-Value (LTV) — up to 75%. On a first housing loan a bank can finance up to 75% of the price or valuation. You provide the rest, with at least 5% in cash at booking.
TDSR — 55%. Your total monthly debt repayments (home loan, car, personal loans) must not exceed 55% of gross monthly income. Banks size the loan using a 4% medium-term stress rate.
MSR — 30% (Executive Condominium). As Solano Grand is an EC, your mortgage repayment alone is also capped at 30% of gross monthly income, on top of TDSR.

Preparation sequence

Get an Approval-in-Principle (AIP/IPA) from a bank so you know your budget before launch day.
Pay the 5% booking fee on the Option to Purchase, then exercise the Option and pay the balance down-payment.
Loan disburses progressively as construction hits each milestone — your instalments step up over time.

Estimate your numbers with the mortgage calculator and the progressive payment calculator, then see the full payment schedule and stamp duty due.

This is general information, not financial advice. Loan eligibility, rates and rules are set by the banks and MAS and can change — confirm current figures with a licensed mortgage banker.

Solano Grand Financing — FAQ

What comes before applying for a Solano Grand loan?

Confirm your EC eligibility and get an in-principle view from your bank on how much you can borrow.

Does the 2030 completion estimate mean I pay in full by then?

No. Payments are staged as construction progresses, and the 2030 date is only an estimate from CDL's report.

Get a Tailored Solano Grand Loan Assessment

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