Q & A › Category: Properties › advice or suggestion
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kent asked 6 years ago

Hello. I was browsing and came through your blog. I plan to buy this property 808 sqft SPA 559,600 after deduction net price will be 455,640. I am currently working in Singapore earning about 4500 sgd. After calculation, I guess monthly I have to commit paying about 2000 myr. Only have one debt which is car about 700 myr. What is your opinion if loan able to approve? 

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KCLau Staff answered 6 years ago

Hi Kent,
According to your DSR estimation (Debt service ratio)
Income:  RM14000
Loan: RM2000 + RM700 = RM2700
The total DSR is only around 20%, a comfortable level for bank to lend you money.