Guidelines on the Application of Total Debt Servicing Ratio for Property Loans under MAS Notices 645, 1115, 831 and 128
Guidelines for all financial institutions on how to apply the total debt servicing ratio (TDSR) to 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: