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| First Loan | Second Loan | Third Loan | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Tenure | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | |||
| Age | Age used to calculate loan tenure, will be based on income-weighted | ||||||||
| Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | |
| Maximum LTV Limit | 75% | 55% | 55% | 45% | 25% | 25% | 35% | 15% | 15% |
| 20% (non-individuals) | |||||||||
| Minimum Cash Downpayment | 5% | 10% | 10% | 25% | 25% | 25% | 25% | 25% | 25% |
| Gaurantors / Co-borrowers | All Co-borrowers must be mortgagors. Guarantors must be co-borrowers if the latter did not pass the TDSR criteria | ||||||||
| Mortgage Servicing Ratio | N/A | ||||||||
| Total Debt Servicing Ratio | 60% | ||||||||
| Stress Test Interest Rate | 3.5% | ||||||||
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Developer: MCL Land & Yanlord Land
Developer License No: C1358
ROC: 201811652Z
Mukim Lot: 00937V, 00938P, 02337A, 02338K, 02646V, 02649A, 02650P, 02682T
MK 02 Farrer Road/Leedon Heights/Holland Road
Expected Vacant Possession: Dec 2023
Expected CSC: 2024
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Copyright © 2021 | Leedon Green | MCL Land & Yanlord Land | +65 6100 7757
MCL Land & Yanlord Land | L3008022J | Lawrence Lee | R016008G