Housing Loan Eligibility and Extra Payment

Disclaimer:


Please note that this is only a general estimate and customers should not rely on this when making a loan decision.

The information provided by these calculators is for illustrative purposes only and accuracy is not guaranteed. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. 

This calculator does not have the ability to pre-qualify you for any loan program. Qualification for loan programs may require additional information such as credit scores and cash reserves which is not gathered in this calculator. 

Assumption:

1. Minimum monthly payment on credit card is applied.
2. Include loans other than from banks.
3. The maximum loan tenure is 35 years or up to 70 years of age, whichever earlier.
4. The loan eligibility is only an estimate. The actual amount may differ from customer to customer.
5. Based on loan of up to 90% of property value plus 5% for MRTA financing.

6. Debt Servicing Ratio (DSR) is acceptable at 70% by banks.