【實用財經app】SG MSR Calculator|最夯免費app-綠色工廠好玩App

On 9 Dec 2013, the Singapore Government announced a Revision of Mortgage Loan Terms for ECs. "... the Monetary Authority of Singapore (MAS) will cap the Mortgage Servicing Ratio (MSR) for housing loans granted by financial institutions for EC units bought directly from property developers at 30% of a borrower’s gross monthly income. This is in line with earlier measures introduced by the HDB and MAS to encourage financial prudence among buyers of public housing. It discourages EC buyers from over-stretching their finances and supports an affordable and sustainable EC market." - app.mnd.gov.sgSG MSR Calculator is specifically developed to help agents and buyers who are considering the purchase of EC units, to check if they meet the 30% MSR requirement. Features- MSR computation (based on 30%)- For up to 2 borrowers- Includes variable income input (for commission based income)- Results include monthly payment amount, MSR amount and percentage, indicative loan amount and possible purchase priceThe small price tag is for the time and effort that I put into developing this app. I hope you find the app useful. If you find any inconsistencies or have a feature that you’d like us to consider, please email us at support@violetarts.com! Otherwise, give us a pat on the back and leave us a review. :) Thank you!