Notice 1115 Computation of Total Debt Servicing Ratio for Property Loans
Requirements for merchant banks on computing the total debt servicing ratio (TDSR) for property loans.
These guidelines apply to all financial institutions (FIs) in Singapore. They guide FIs on applying the total debt servicing ratio (TDSR) when granting property loans. Where the borrower is an individual, sole proprietor or shell company, FIs are to consider the income level and debt obligations in assessing debt repayment capability.
The guidelines cover: