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Product Announcement: Adjustment on the Suggested Monthly Income
We implemented an adjustment on the default computation of the suggested monthly income for a property, from 30% of the net monthly income to 40% of the gross monthly income.
Screenshot of the Affordability section on the Property Details page. For reference.
The new default computation follows the industry standard and the common reference of the buyer when purchasing a property.
Please be guided on the rollout of the new default computation for the suggested monthly income effective today, August 11, 2021.
If you have any feedback regarding this new adjustment, please do let us know through our Chat Support.
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