What is Total Debt Servicing Ratio? How does it impact you?
TDSR, or commonly known as the Total Debt Servicing Ratio framework was implemented on 28 June 2013 to prevent buyers from becoming overburdened by debt due to property purchase. This framework replaces the former Debt Servicing Ratio of 50% that is used to determine the amount of income that can be spent on servicing debt.[…]