*Type of mortgage Loan: Bank
*Down payment: 25% of property price
*Loan tenure: 25 years
*Interest rate: 2.5p.a%
*We assume that buyers do not have any other loans to service.
*We assume both husband and wife earns the same salary.
*We also have to take into account that buyers comply to the TDSR (Total Debt Servicing Ratio), where they can only pay back up to 60% of their gross total income. For TDSR, this includes all other loans such as personal, car or even student loans.