Mortgage Loan Eligibility Table (Private Property):
1st Property |
2nd Property |
3rd Property onwards |
- 80%(60%1) Loan to Value Ratio (LTV)
- TDSR: 60%
- MSR: 30%
- Loan Tenor: 30 years (Max or up to age 65 whichever is earlier)
|
- 50% (30%) Loan to Value Ratio (LTV)
- TDSR: 60%
- MSR: 30%
- Loan Tenor: 30 years (Max or up to age 65 whichever is earlier)
|
- 40% (20%) Loan to Value Ratio (LTV)
- TDSR: 60%
- MSR: 30%
- Loan Tenor: 30 years (Max or up to age 65 whichever is earlier)
|
1 For Loan tenor more than 30 years but age limit below 65, the maximum loan is 60% instead of 80% for first property. The same applies for 2nd property onwards where the maximum loan allowable is reduced by 20% also.