Last Revised Date: 29 September 2022

Notice 128 Computation of Total Debt Servicing Ratio for Property Loans

Requirements for insurers on computing the total debt servicing ratio (TDSR) for property loans.

This notice applies to all direct insurers in Singapore.

It sets out the formula and parameters for insurers to compute the total debt servicing ratio, monthly total debt obligations and gross monthly income of borrowers. The notice also spells out the limit on monthly repayment instalments for the purchase of HDB flats and executive condominiums.

See explainers:

Amendment Notes

18 Feb 2020
Notice 128 (Amendment) 2020 (394.7 KB) takes effect.

11 Mar 2017
Notice 128 (Amendment) 2017 (91.2 KB) takes effect.

01 Sep 2016
Notice 128 (Amendment) 2016 (82.9 KB) takes effect.