Last Revised Date: 06 November 2020
Notice 645A Computation of Total Debt Servicing Ratio for Property Loans
Requirements for banks on computing the total debt servicing ratio (TDSR) for property loans.
This notice applies to all banks. It sets out the formula and parameters for banks 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.