Should be around this much: RM315k for the loan amount.

It depends on the bank, but in general they would take the past 12 months bonus, and divide it by 12 to get the average and multiply that by 80%. The same goes for commission earners.

Some banks like Maybank though, do not prefer BONUS and COMMISIONS as compared to banks like Hong Leong and OCBC. The spreadsheet already make use of these information, but it is very crucial to understand that it is an amalgam of the different bank policies put together into one. It is at its best, a guide and not adefinitive minimum or maximum loan amount that you would get.

Banks also have different policies in accepting variable payments (commissions and bonuses) in that for Hong Leong for example, requires 2 year EA form that specify the bonuses before they would accept the bonus income. With OCBC, the bonus payslip and corresponsing bank statement or EA form would suffice.

It is my job to digest all these information and present my solutions to my clients.