Presentation on TDSR

Presentation of Total Debt Servicing Ratio (TDSR)
MAS Notice 645 Total Debt Servicing Ratio & MAS Notice 632 Residential Property Loan
With effect from 29 June 2013, Saturday

courtesy of: OCBC Banks

  1. Highlights of new measures effective 29 June 2013
  2. Consider monthly repayments of new loan and all other debts.
  3. Applies to property loans for Singapore & overseas residential/non- residential properties, to individuals or entities set up solely to purchase property;
  4. Total debt servicing ratio (TDSR) is capped at 60%.
  5. Calculate new loan repayments using min 3.5% for residential property
  6. loans;
  7. All borrowers to be mortgagors (OTP on or after 29 Jun 13);
  8. Guarantors to be co-borrowers;
  9. For joint borrowings, the income-weighted average age of borrowers to be used;
  10. Haircut of at least 30% on variable income & rental; and
  11. Haircut on the value of financial assets if used in calculating income.

Please refer to the original full presentation and reports from OCBC as following:-

OCBC TDSR 01
OCBC TDSR 02
OCBC TDSR 03
OCBC TDSR 04
OCBC TDSR 05
OCBC TDSR 06
OCBC TDSR 07
OCBC TDSR 08
OCBC TDSR 09
OCBC TDSR 10
OCBC TDSR 11
OCBC TDSR 12
OCBC TDSR 13


About this page: Singapore, TDSR, Total Debt Serving Ratio, housing loan, bank loan, buying property in Singapore, buying condo, condo for sale, property value, resdential market, residential property loan, property market, valuation, OCBC bank, ERA, MAS Notice 645 Total Debt Servicing Ratio, MAS Notice 632 Residential Property Loan, cooling measure, 29 June 2013


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