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Hi,

1) TDSR: maximum usage of 60% of your monthly salary for the monthly mortgage. Using an interest rate of 3.5% as a reference.
2) MSR: maximum usage of 30% of your monthly salary for the monthly mortgage. Using an interest rate of 3.5% as a reference.
3) LTV: Loan to value. Value is referred to the valuation value, and not purchase price. Maximum 75% from the bank, 90% from HDB (for HDB flats only).

Pls note the explanation is a general layman explanation. The actual definition of these terms is more comprehensive.

Hope the above answer to your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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