MSR Calculator
Check the Mortgage Servicing Ratio for an HDB flat or Executive Condominium (EC). MSR caps your monthly mortgage at 30% of gross income.
Max 25 years for HDB, 30 years for EC.
MAS floor for MSR calculation.
Your MSR
31.7%
MSR applies only to HDB flats and ECs. Private condo purchases are governed by TDSR (55%) instead. Both rules apply to ECs within the 5-year minimum occupation period.
What is MSR?
The Mortgage Servicing Ratio caps the monthly home-loan repayment for HDB flats and Executive Condominiums at 30% of the borrower's gross monthly income. Introduced in 2013 to keep public housing affordable and reduce default risk.
Which loans does MSR apply to?
- HDB Concessionary Loans (HLE-eligible buyers)
- Bank loans for HDB flats
- Bank loans for Executive Condominiums during the first 5 years (Minimum Occupation Period)
Private condos and ECs after the MOP only need to pass TDSR (55%).
MSR vs TDSR
For HDB and EC purchases, your loan must pass both ratios. MSR is usually the tighter constraint because it counts only the mortgage, not your other debts. For private property, only TDSR applies.