Solano Grand Financing & Home Loan Guide

Solano Grand financing is an EC household decision combining qualification, borrowing and staged-payment readiness.

Decision notes

Second-timer history and possible levy exposure should be reviewed alongside lender capacity before unit selection.

CDL pricing, final unit choices, formal loan terms and confirmed completion timing are not stored.

Use the named marketing-agent route to organise an EC-specific review with appropriate qualified advisers.

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

  1. Get an Approval-in-Principle (AIP/IPA) from a bank so you know your budget before launch day.
  2. Pay the 5% booking fee on the Option to Purchase, then exercise the Option and pay the balance down-payment.
  3. 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 a Solano loan application?

Clarify household eligibility, housing history and available funds before comparing lender assessments.

Is the indicative TOP window a payment promise?

No; its unconfirmed status means financing should not depend on that timing as guaranteed.

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