10 results for 'msr'

The Mortgage Servicing Ratio (MSR) in Singapore caps the amount that may be spent on mortgage repayments to 30% of a borrower’s gross monthly income. It applies to HDB flats and executive condominiums (ECs) bought from developers.

The government announced new property cooling measures, effective from 30 Sep 2022 onwards. Read about the new property curbs here.

Home loans in Singapore are subjected to Loan-to-Value (LTV) limits of up to 75% (bank) or 90% (HDB) only. Also, you may not get approved for the full amount. Here's what to do if you need to borrow more funds for your mortgage.

Will there be another round of property cooling measures in 2021? After all, the government has been dropping hints since the start of the year. Here's what the experts and industry insiders have to say.

Refinancing is a great strategy to lower interest costs. If you can afford higher monthly mortgage repayments, should you shorten your tenure? We show you how shaving 10 years off a 1.8% $500k loan could result in almost $50k of savings.

Many Singaporeans complain about the government's property cooling measures, such as the ABSD, LTV, TDSR, MSR and more. Let's evaluate these regulations objectively and see how effective have they been so far.

Ever since the second package of COVID-19 property relief measures was announced, banks have seen an influx in refinance applications. Let’s look at the present interest rate trends to understand why.

Even with a loan, the amount of money you can borrow depends on many factors – your salary, the Loan-to-Value ratio, the Mortgage Servicing Ratio, and more. To a first-time homebuyer, it can be complicated to work out what you can afford to buy.

If you’re new to the whole business of housing loans, some of the terms may confuse you. This glossary on common housing loan terms is here to help you out.