Total Debt Servicing Ratio (TDSR)
DEFINITION
Total Debt Servicing Ratio, or TDSR, means that all your monthly debt payments combined, including housing, car, and personal loans, cannot exceed 55% of your gross monthly income. This limit is set by MAS.
ELI5
TDSR looks at all the loans you pay every month together. It makes sure your total debt payments do not become too big compared with your income.
