http://www.salary.sg/2007/second-home-loan/ All about Income, Jobs, Career, and Investment in Singapore Thu, 09 Sep 2010 04:58:34 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://www.salary.sg/2007/second-home-loan/#comment-4644 Can you Afford that Condo? Introducing the Debt Ratios | Salary.sg - Your Salary in Singapore Sat, 09 May 2009 15:07:13 +0000 http://www.salary.sg/2007/second-home-loan/#comment-4644 [...] Banks use the Debt Service Ratio to assess your creditworthiness. Defined as the monthly loan installment amount divided by your gross monthly income, your DSR typically has to be somewhere in the 35% to 40% region for banks to be happy to grant you that mortgage. (See also past article on second home loan.) [...] [...] Banks use the Debt Service Ratio to assess your creditworthiness. Defined as the monthly loan installment amount divided by your gross monthly income, your DSR typically has to be somewhere in the 35% to 40% region for banks to be happy to grant you that mortgage. (See also past article on second home loan.) [...]

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