How much do you need to pledge or show to add $1,000 a month to your income?
The example below shows what it takes to add $1,000 a month to your income, whether by pledging or showing. Pledge $48,000 of SGD deposits for 48 months, and the bank adds it to your income as $1,000 a month when checking if you qualify for the loan. Show funds instead of pledging, and only 30% of the amount counts — so you'd need $160,000, not $48,000, to add that same $1,000 a month towards qualifying for the same loan.
Pledging requires less money, but locks it up for four years — withdraw it early, and the bank can reassess you and ask for a top-up or partial repayment. Showing funds requires more money, but leaves it unlocked; the bank checks your funds are still in your account once at application, and a second time before the loan is released.
Most borrowers use a mix of pledging and showing — pledging what they genuinely won't need for four years, and showing the rest. This calculator works out exactly how much of each you need. Our pledging and unpledging guide explains how pledging and showing work, and which one suits you better.
What to consider before you pledge or show
Keep in mind: pledging or showing only affects whether you pass the bank's income test for the loan you want. Your actual monthly repayment depends on your loan amount, tenure, and real interest rate. The test only decides whether you pass — it doesn't set what you pay.
Stop and think before you pledge or show a large amount of funds. For example, showing $378,000 of funds on a $1.5 million loan means that loan is bigger than your income can comfortably support. Before pledging or showing anything, check what a smaller loan looks like with our affordability calculator — it may be more suitable to choose a less expensive property than to lock up or show a large sum for a larger loan. Clearing debt also increases how much you can borrow: pay off $500 a month of debt, and you can borrow about $100,000 more under the TDSR rules — with no money locked up.
One more thing: your bank has the final say on which assets qualify, not MAS. Some banks accept a wider range of foreign-currency deposits and shares than others.