EC Max Loan

Mortgage Servicing Ratio (MSR) is used by Financial Institutions (FI) to calculate the portion of the borrowers’ gross monthly income that is used for the monthly installment for the housing loan. 

MSR is capped at 30% of a borrower’s gross monthly income and only applies to house loans for HDB flat or an executive condominium purchase directly from a developer. Parc Central Residences, Parc Canberra and Provence Residences are 3 executive Condominiums that will use MSR to calculate the housing loan.