Maximum MSR
30%
Tool
MSR Calculator Singapore
Check if your income can support an HDB or EC home loan.
Last updated: 14 March 2026
Inputs
Your MSR
0.00%
Awaiting input
Estimated monthly repayment: S$0
What It Means
MSR stands for Mortgage Servicing Ratio.
For HDB and EC purchases, the usual cap is 30%.
Estimated repayment
S$0
Your MSR shows whether the loan is likely affordable under MAS rules.
MSR Formula
Formula
Monthly mortgage repayment / Gross monthly income
Rule of thumb
Stay at or below 30% for HDB and EC cases.
MSR vs TDSR
| Rule | Applies to | Limit |
|---|---|---|
| MSR | HDB / EC | 30% |
| TDSR | All property loans | 55% |
Where MSR Applies
| Property type | MSR applies |
|---|---|
| HDB flat | Yes |
| Executive Condominium (eligible purchase) | Yes |
| Private property | No |
Example
Income
S$6,000
Max MSR repayment
S$1,800
Estimated loan
S$0
If your monthly instalment stays below the 30% cap, the case is more likely to fit the MSR rule.
Next Step
FAQ
What is MSR in Singapore?
MSR stands for Mortgage Servicing Ratio. It measures monthly mortgage repayment as a percentage of gross monthly income.
What is the MSR limit?
For HDB flats and eligible EC purchases, the MSR limit is generally 30% of gross monthly income.
Does MSR apply to private property?
MSR generally applies to HDB and certain EC purchases, not typical private residential purchases.