Last Revised Date: 29 September 2022

Notice 831 Computation of Total Debt Servicing Ratio for Property Loans

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

This notice applies to all finance companies in Singapore.

It sets out the formula and parameters for finance companies 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

10 Dec 2013
MAS Notice 831 (Amendment No.2) 2013 takes effect.
28 Aug 2013
MAS Notice 831 (Amendment) 2013 takes effect.
29 Jun 2013
MAS Notice 831 dated 28 June 2013 takes effect.