This percentage is high

[sumaiyakhatun29]

Ahmad will apply for a loan of RM500,000. The estimated installment for the house he wants to buy is RM2,500. Step 3: Calculate Net Income Net Income = Gross Salary RM4,500 – Deduction RM500 + (Overtime RM3600 / 6) = RM4,600 Step 4: Calculate DSR DSR = (Current monthly commitment + new house installment) / net income = (RM1,750 + RM2,500) / RM4,600 = 92% Mr Ahmad's DSR is 92%.


Exceeding the bank's maximum limit of 70%. Mr Ahmad's bank application colombia whatsapp fan will be rejected . NDI's Snare: DSR Released But Not Eligible NDI is an abbreviation for Net Disposable Income or the surplus money after all debts are deducted. Banks actually want loan applicants to have a minimum balance of money to cover living costs. The way to calculate this is simple.


Take your net salary and subtract all commitments, including the commitment for the house you want to buy. The minimum amount required by the bank is around RM1,500 for applicants residing in cities while it is usually RM1,000 for applicants residing outside the countryside. Taking the example of Mr. Ali earlier: His net salary is RM2,900 The total commitment for the car (RM300) and new house (RM1,000) is RM1,300 NDI En Ali is RM1,600 (RM2,900 – RM1,300) Mr.