CALL DEVELOPER HOTLINE: +65 6100-8108

Project Name

Tagline, if applicable
LAUNCHING Q1 2020
TOP Q3 2022
Updated as at 
11 April 2021

Total Debt Servicing Ratio (TDSR)

What is the Total Debt Servicing Ratio?

  • The Total Debt Servicing Ratio is a maximum threshold set by MAS. However, FIs may grant property loans to borrowers whose TDSR exceeds the threshold on an exceptional basis, subject to enhanced credit evaluation.
  • The TDSR threshold for property loans is set at a maximum of 60% of the borrower’s monthly income.
  • It applies to housing loans for the purchase of private properties and executive condominiums
 

Calculating TDSR 

  • Under the TSDR guidelines, your monthly monthly debt obligations and gross monthly income will be taken into account
  • A borrower’s TDSR is calculated using the following formula:
    • (Borrower’s total monthly debt obligations / Borrower’s gross monthly income) x 100%
 

Monthly Debt Obligations

Monthly debt includes all outstanding debt obligations:

  • Property-related loans, including the loan being applied for.
  • Car loans.
  • Student loans.
  • Renovation loans.
  • Credit card loans.
  • Any other secured or unsecured loans, including revolving loans.

 

For more details, please refer to the MAS website here: Total Debt Servicing Ratio for Property Loans

 

Haus on Handy
Developer: City Developments Limited
Location: 28 & 30 Handy Road S(229228)
District: 9
Expected TOP: Q4 2022
Tenure: 99 Years
Contact Us
Information updated as at
Sunday, 11 April 2021
sales@haus-on-handy-official.sg+65 6100-8108
© 
2021
  All rights reserved
Haus on Handy
cross