We created this calculator, specifically to answer the question – “How much MAXIMUM I’m eligible to loan?”
Self-Assessment
My Maximum Borrow Capacity
Since the implementation of Total-Debt-Servicing-Ratio (TDSR), all banks are required to evaluate the applicant’s borrowing capacity based on the MAS TDSR formula, regardless of the borrower’s relationship with banks or their occupation.
Max-Loan
New Purchase
We created this calculator to answer a common question –
“What is the maximum loan I could get if I purchase this property?” – and you will get a reference answer for:
Maximum Loan amount (based on the property Loan-to-valuation), installment & minimum income requirement (for personal’s income)
Max Savings
Refinance
Refinancing is about saving your money.
We design this easy-to-use calculator to provide you an estimated saving amount, comparing between your existing interest rate (or near future higher interest rate) AND a new interest rate, which is available in the market.
Maximum Loan amount (based on the property Loan-to-valuation), installment & minimum income requirement (for personal’s income)
Max Potential
Equity Cash Out
RICHCO-SPACE Equity Cash Out calculator will assist you to find out your property potential cash out amount, based on personal and company own property LTV (‘Loan-to-valuation’) rules.
In this calculator, you are required to key in your property market value and estimated outstanding loan (if there is any). For private residential property, you are required to provide the CPF amount used & accrued interest.
If you are not sure about your property valuation, we would be happy to assist you to obtain an indicative valuation by our collaboration banks.
