Housing Loan Information
Useful Information On The Housing Loan
| MAS Rules (w.e.f 6th July 2018) | 1st Loan | 2nd Loan | 3rd Loan | ||||||
| Loan Tenure | Up To 30 Yrs | 31-35 Yrs | Up To 30 Yrs | 31-35 Yrs | Up To 30 Yrs | 31-35 Yrs | |||
| Sum of Tenure & Age of Borrower | Up To 65 | Above 65 | Up To 65 | Above 65 | Up To 65 | Above 65 | |||
| Loan To Value Limit (Individual) |
75% | 55% | 55% | 45% | 25% | 25% | 35% | 15% | 15% |
| Minimum Cash Outlay | 5% | 10% | 10% | 25% | 25% | 25% | 25% | 25% | 25% |
| Loan To Value Limit (Non-Individual) |
15% | 15% | 15% | ||||||
| Mortgage Servicing Ratio (MSR) | 30% | ||||||||
| Total Debt Servicing Ratio (TDSR) | 60% | ||||||||
| Stress Test Interest Rate | 3.50% | ||||||||
