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What type of home loan can you afford?
Complete the fields below to calculate an estimated home purchase price based
on your income and debts, and assuming that you will finance your purchase
using conventional loan.
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Your Monthly Income |
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Your Joint Borrower Monthly Income |
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Your Combined Monthly Income |
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Your Age |
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Your Joint Borrower Age |
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Most banks provide loan up to 30 years or combined average age to
65. There are loan packages with longer periods and age.
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How Many Years You Wish To Borrow (Loan Tenure)? |
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Current BLR is 6.75%. Interest Rate varies from 6% to 9%. You
may use 6.75% as a guide.
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What Is The Interest Rate On Your Loan? (% p.a.) |
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Most banks provide loan up to 90% or higher of purchase price.
Depends on property and your other credit standing.
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The Loan Percentage Of The Purchase Price That You Need (%) |
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Most banks provide repayment ratio 33% or higher of monthly
income. Depends on your other credit standing.
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Monthly Repayment to Combined Income Ratio Available (%) |
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Your Monthly Repayment |
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Maximum Amount You Can Borrow |
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Maximum Property Price You Can Purchase |
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 Find A Property In
Property Listing |
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Total Loan Commitments |
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Monthly Repayment |
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New Loan |
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Car Loan |
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Other Loan 1 |
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Other Loan 2 |
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Other Loan 3 |
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Total Monthly Repayment |
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Most banks provide total repayment ratio up to 50% or higher of
combined monthly income. Depends on your credit standing.
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Your Total Loan Commitments To Income Ratio (%) |
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Disclaimer: The results shown in the various
calculation are estimates for comparison and illustration purposes only, and
are based on information that you have entered and rates published by
respective lenders on websites, pamphlets, literature and advise provided by
lenders to us from time to time. The simulation assumes interest rate(s)
and growth rate(s), which may be subjected to variations over the term of the
projection. Figures are also subject to validation of property valuation,
redemption sum, and other information incidental thereto. While every care has
been taken in compiling and preparing the simulation, report, summary and other
contents herein, neither the company & nor its consultant(s) guarantees the
accuracy, completeness and/or applicability of the information provided nor is
the information meant to be final and binding.
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