Dear sir/madam,
The basic consideration is that only 60% of your existing income is considered for salaried employee and of this 60%, whatever your expenses are will be deducted from the sum. Only the balance amount is considered to be usable for mortgage. This is the general concept but for more detailed calculations, a qualified banker is in the best position to assist you.
Regards,
Geryl LIM
Real Estate Director
Masters Of Real Estate (L3010548F)
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
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