30% MSR — Sole Regulatory Cap for ECs
The Mortgage Servicing Ratio caps your monthly housing installment at 30% of gross monthly income. For new Executive Condominiums, MSR is the single governing ratio that determines bank loan approval.
Financing your EC
Jurong East EC Mortgage & 30% MSR Calculator
Model your monthly installment under the mandatory 30% Mortgage Servicing Ratio (MSR), with a maximum loan tenure of 30 years at 75% LTV and an indicative benchmark interest rate of 1.4% p.a. Note: TDSR (55%) applies strictly to private residential properties (condos and landed homes), not Executive Condominiums.
EC Loan Parameters
Model your Jurong East EC mortgage
Regulated solely by the 30% MSR · Max 30-year tenor at 75% LTV
Indicative unit presets
Min 25% for 75% LTV (5% cash + 20% CPF OA / cash).
Max 30 years (or up to age 65).
Indicative benchmark rate (default 1.4% p.a.). See interest rate disclaimer below.
Capped at the New Policy $18,000 ceiling.
Why is there no TDSR check?
Under MAS regulations, Executive Condominium purchases are assessed exclusively against the 30% Mortgage Servicing Ratio (MSR). The 55% Total Debt Servicing Ratio (TDSR) applies strictly to private residential properties (such as private condos and landed homes), not Executive Condominiums.
Monthly installment
$3,829 / month
Downpayment$375,000 (25%)
Loan principal (75% LTV)$1,125,000
Tenor30 yrs @ 1.4%
MSR — Mortgage Servicing Ratio (30% Cap)
Mandatory for Executive Condominiums: your monthly EC installment alone cannot exceed 30% of gross monthly income.
27.3%cap 30.0% · $3,829 / $4,200 monthly
Hairline marker marks the 30.0% regulatory cap.
Maximum Supportable Purchase Price (30% MSR Limit)
$1,645,403
Derived directly from your maximum 30% MSR monthly installment headroom ($4,200/month) amortised over 30 years at 1.4%, with a maximum 75% Loan-to-Value (LTV).
Interest Rate Disclaimer (1.4% p.a. Benchmark)
The default interest rate of 1.4% per annum is an illustrative benchmark provided for baseline loan modeling and payment simulation. Actual mortgage interest rates offered by commercial banks in Singapore (e.g. 3-Month Compounded SORA packages or fixed-rate financing) vary according to prevailing market conditions, lender margins, and borrower credit profiles at the time of loan underwriting and drawdown.
Additionally, commercial banks evaluate borrower loan eligibility using MAS medium-term stress interest rates (typically 3.5%–4.0%) when computing debt-servicing limits under the 30% Mortgage Servicing Ratio (MSR) cap. Prospective buyers should consult banking mortgage specialists to obtain an In-Principle Approval (IPA) for actual bank rates.
MAS Regulatory Note: Executive Condominium loans are bank loans capped at a maximum 30-year tenure and 75% LTV. Qualification depends purely on meeting the 30% MSR threshold. TDSR applies strictly to private condominiums and landed properties.
Presets apply the midpoint of the indicative launch range ($1,400–$1,600 psf) to the midpoint of each plan's indicative size range. Indicative only — official pricing to be announced.
Interest Rate Disclaimer (1.4% p.a. Indicative Benchmark)
Indicative Benchmark Only: The default interest rate of 1.4% per annum used in this calculator is strictly an illustrative benchmark for baseline modeling and repayment estimation. Commercial bank loan packages in Singapore (such as 3-Month Compounded SORA packages or fixed-rate loans) fluctuate according to prevailing market conditions, lender margins, and individual creditworthiness at the point of loan drawdown.
MAS Stress Test Assessment: When assessing loan approval eligibility under the 30% Mortgage Servicing Ratio (MSR) cap, commercial banks are required by the Monetary Authority of Singapore (MAS) to apply a medium-term stress interest rate (typically 3.5% to 4.0% p.a.). Your maximum borrowing eligibility will be evaluated by banks using this regulatory stress interest rate. Prospective buyers should obtain an In-Principle Approval (IPA) from participating commercial banks for verified loan amounts and current rates.
MAS Loan Regulations
How banks assess your Jurong East EC loan
Executive Condominium financing follows clear, disciplined MAS framework guidelines.
Max 30-Year Tenor at 75% LTV
Commercial bank loans for Executive Condominiums are capped at a maximum 30-year tenure (or up to age 65) and a maximum 75% Loan-to-Value (LTV). The remaining 25% downpayment comprises at least 5% in cash and 20% in CPF OA / cash.
TDSR (55%) Applies to Private Residential
The Total Debt Servicing Ratio (TDSR, 55%) applies strictly to private residential properties such as private condominiums and landed homes. Non-mortgage debts (car loans, credit cards) do not restrict your initial EC bank loan eligibility under MSR.
Quick answers
Jurong East EC financing in brief
- Does MSR apply to Jurong East EC?
- Yes. Under MAS regulations, new Executive Condominiums are governed strictly by the 30% Mortgage Servicing Ratio (MSR). Your monthly installment cannot exceed 30% of your gross monthly household income.
- Does TDSR apply to Jurong East EC?
- No. The 55% Total Debt Servicing Ratio (TDSR) applies to private residential properties (such as private condominiums and landed properties). For EC purchases, bank borrowing eligibility is tested solely under the 30% MSR cap.
- What is the maximum loan tenure and LTV for Jurong East EC?
- Commercial bank loans for ECs offer a maximum loan tenure of 30 years (or up to age 65, whichever is shorter) at a maximum 75% Loan-to-Value (LTV). The remaining 25% downpayment consists of a minimum 5% cash, with the remaining 20% payable via CPF OA and/or cash.
- Why does the calculator default to 1.4% interest rate, and what is the interest rate disclaimer?
- The 1.4% p.a. default interest rate is an illustrative benchmark used for preliminary baseline installment modeling. In practice, actual mortgage interest rates offered by commercial banks (such as SORA-pegged or fixed packages) fluctuate with financial markets. Moreover, MAS mandates that banks stress-test borrowers at higher regulatory medium-term rates (typically 3.5%–4.0%) to assess qualifying borrowing capacity under the 30% MSR cap.