Woodlands EC Affordability Calculator
Use our MSR and TDSR calculators to determine your loan eligibility for an Executive Condominium and plan your purchase with confidence.
Mortgage Servicing Ratio (MSR)
The Mortgage Servicing Ratio (MSR) is a crucial regulation specifically for buyers of HDB flats and Executive Condominiums (ECs). It mandates that your monthly home loan repayment cannot take up more than 30% of your gross monthly income. This rule is designed to encourage financial prudence in the public housing market. Your maximum loan amount is directly tied to this ceiling; the lower your income, the more the 30% cap will constrain the size of the mortgage you can qualify for, thereby shaping your property purchase budget from the outset.
S$
S$
Calculations use a standard medium-term interest rate of 4% as per MAS guidelines for stress testing.
Your Maximum Estimated Loan
S$ 628,384
(Based on MSR limit of 30%)
Calculated MSR for Desired Loan:47.74%
Assessment Failed
Your desired loan exceeds the 30% MSR limit. Your maximum possible loan is shown above.