000 Housing Loan Information – EC-PARCCENTRAL.COM | Tampines EC Launch

[vc_row][vc_column][rev_slider_vc alias=”mainslider”][/vc_column][/vc_row][vc_row container=”1″][vc_column][ultimate_spacer height=”30″ height_on_mob_landscape=”30″ height_on_mob=”30″][ultimate_heading main_heading=”Housing Loan Information” alignment=”left”][/ultimate_heading][vc_separator css=”.vc_custom_1526364829945{padding-top: 20px !important;}”][ultimate_heading main_heading=”Residential Home Loan Regulations (MAS)” main_heading_margin=”margin-bottom:20px;”][/ultimate_heading][vc_column_text el_class=”projectDetails”]

First Loan Second Loan Third Loan
Loan Tenure Up to 30 years 31-35 years Up to 30 years 31-35 years Up to 30 years 31-35 years
Age Age used to calculate loan tenure, will be based on income-weighted
Up to 65 Up to 70-75 Up to 70-75 Up to 65 Up to 70-75 Up to 70-75 Up to 65 Up to 70-75 Up to 70-75
Maximum LTV Limit 75% 55% 55% 45% 25% 25% 35% 15% 15%
20% (non-individuals)
Minimum Cash Downpayment 5% 10% 10% 25% 25% 25% 25% 25% 25%
Gaurantors / Co-borrowers All Co-borrowers must be mortgagors.
Guarantors must be co-borrowers if the latter did not pass the TDSR criteria
Mortgage Servicing Ratio N/A
Total Debt Servicing Ratio 60%
Stress Test Interest Rate 3.5%

[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text el_class=”location” css=”.vc_custom_1561127750637{background-color: #87715a !important;}”]

TO BOOK SHOWFLAT APPOINTMENT & GET DIRECT DEVELOPER PRICE + DISCOUNTS »

[/vc_column_text][/vc_column][/vc_row][vc_row bg_type=”image” parallax_style=”vcpb-default” bg_image_new=”id^2264|url^https://www.margaretsville.com/wp-content/uploads/2018/06/signup-bg-1.jpg|caption^null|alt^null|title^signup-bg|description^null”][vc_column][ultimate_spacer height=”60″][vc_row_inner container=”1″ css=”.vc_custom_1609908876163{background-color: #d3d3d3 !important;}”][vc_column_inner width=”1/3″][vc_column_text][bottomText][/vc_column_text][/vc_column_inner][vc_column_inner el_class=”contactForm” width=”2/3″][gravityform id=”2″ title=”false” description=”false” ajax=”true”][/vc_column_inner][/vc_row_inner][ultimate_spacer height=”60″][/vc_column][/vc_row]