Mortgage Servicing Ratio (MSR)

Mortgage Servicing Ratio (MSR) Rules

If you are obtaining a mortgage loan for your next HDB flat or new Executive Condominium purchase, you need to take into account the MSR rules on top of the TDSR Rules.

Mortgage servicing ratio (MSR) refers to the portion of a borrower’s gross monthly income that goes towards repaying all property loans, including the loan being applied for.

MSR is capped at 30% of a borrower’s gross monthly income.

Please refer to the MAS website for more information.