2025-08-21

Added 2026-07-10

Notice 128 Computation of Total Debt Servicing Ratio for Property Loans

The Monetary Authority of Singapore issued Notice 128 to mandate direct insurers in Singapore to compute the total debt servicing ratio for property loans. The notice establishes the specific formula and parameters for calculating borrowers' monthly total debt obligations and gross monthly income. It also defines the applicable limits on monthly repayment instalments for the purchase of HDB flats and executive condominiums.

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