Commitment Ratio

Before u make a booking or buy a property make sure that u are eligible to get a loan, because some of the property agents have their policy to not return back the deposit paid. The calculation to calculate your commitment is called DSR(Debt Service Ratio). First of all u need to know your income:

Income

Basic pay                     : RM2500
Fixed Allowance         : RM500
Total                             : RM3000


Commitment

Car                                   : RM400
House                               : RM600
Credit Card                     : RM100
Personel Loan/ASB        : RM100
New House                       : RM900
Total                                 : RM2100


SUM:  RM2100 / RM3000 = 70%

As above illustration the DSR is 70% meaning that u can get the loan... if your DSR is above 70% i.e 70.01% u are unable to get the loan with al-rajhi.


Income below RM2500- DSR 60%
Income above RM2500-DSR 70%
FOR HIGH NET WORTH:EXCEPTIONAL