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Joel Goh

MAS

TDSR: the 55% total debt servicing ratio cap

Answers:What is the TDSR limit in Singapore?

Checked against the source 2026-08-01

The rule

The Total Debt Servicing Ratio caps a borrower's total monthly debt obligations at 55% of gross monthly income.

Issued by
MAS
Applies to
All property loans from financial institutions in Singapore.

Where this goes wrong

Treating TDSR as applying only to the mortgage. It includes car loans, personal loans, student loans and credit card minimums.

Worked through

Combined income S$18,000 a month, S$1,500 of existing monthly debt, a $1,800,000 purchase over 25 years.

TDSR: the 55% total debt servicing ratio cap — worked example. Combined income S$18,000 a month, S$1,500 of existing monthly debt, a $1,800,000 purchase over 25 years.
Instalment at the stressed 4% rate$7,126
TDSR usedCounts the mortgage plus every other monthly obligation.47.9% of the 55% cap
Highest price that clears every gate$2,120,000

LTV cap (75%) — you have income headroom but need more equity.

Computed with the same functions as the calculators on this site. An illustration, not tax advice — confirm your own position with MAS or your conveyancing lawyer before you commit to anything.

Run this on your own numbers

Rules change, and a figure without a date is worth nothing. Ask whether this is still current before you rely on it for a decision.