Total Debt Servicing Ratio (TDSR)
DEFINITION
Total Debt Servicing Ratio, or TDSR, is worked out by dividing total monthly debt repayments by total income. A healthy debt ratio is generally considered to be 60% or below.
ELI5
TDSR shows how much of your income goes to paying debts each month. Lower is usually better, and 60% or less is seen as healthier.
