Updated: Nov 11, 2019
1 large can condensed milk
1.5 cup milk
1 tsp vanilla extract (for caramel)
¼ cup water
½ cup sugar
Combine condensed milk, egg, milk and vanilla.
Separately, combine sugar and water and place in pan. Heat and let caramelize. Remove from heat.
Move the pan so that all sides are covered.
Place the milk and egg mixture in the pan.. Cover with a lid or aluminum paper. Bake at medium heat for 45 minutes or until an inserted knife comes out clean.
Let cook and refrigerate.