TDSR and MSR (Total Debt Servicing Ratio and Mortgage Servicing Ratio

How does the TDSR affect you?TDSR对您有何影响？
The TDSR limits the amount you can borrow (i.e. your loan quantum) by ensuring your monthly repayments account for less than 60 percent of your income. It also determines the loan tenure. Basically, if this is your first mortgage loan, you can loan up to 75% of the value of the property with a loan tenure of maximum 30 years or the balance years up to the age of 65, whichever is lower. TDSR通过确保每月还款少于收入的60％，限制了您可以借入的金额（即您的贷款额度）。它还决定了贷款期限。基本上，如果这是您的第一笔房屋贷款，则您最多可借贷房产价值的75％，且贷款年限最长为30年，或者余额年限为65岁，以较低者为准。 Read more继续...

For example, let's take a look at a buyer aged 45 with a monthly income of $6,000. He's applying for his first mortgage loan and has no other loan obligations, such as a car loan, and assuming the value of the property is $827,644:

- He is eligible to loan up to $620,733 (i.e. 75% of the value of the property)
- His monthly repayment amount is approximately $3,600 (i.e. 60% of his monthly income)
- His loan tenure: up to max. 20 years (i.e. 65 - 45) 举例，一个45岁的买家，月收入为$6,000，申请他的第一笔房屋贷款，没有其他的债务，如汽车贷款。假设房产价值为$827,644：

- 他可获得最高$620,733的贷款（即房产价值的75％）
- 他的每月还款额约为$ 3,600（即他每月收入的60％）
- 他的贷款期限：最高20年（即65-45岁）

For more than 1 borrower, the loan tenure is based on Income Weighted Average and the Age of Borrowers对于多于一名借款人，贷款期限将基于收入和借款人加权平均年龄:

(Income/Gross income x Age) of applicant A + (Income/Gross income x Age) of applicant B 申请人A的（收入/总收入x年龄）+申请人B的（收入/总收入x年龄）

Example举例:
Applicant A - Age 38, Monthly income $5,000申请人A-38岁，月收入$ 5,000
Applicant B - Age 55, Monthly income $8,000申请人B-55岁，月收入$ 8,000

This works out to解算为:
Income weighted-age: (5,000/13,000x38) + (8,000/13,000x55) = 48 收入加权年龄：（5,000 / 13,000x38）+（8,000 / 13,000x55）= 48
Loan tenure: 65-48 = 16 years 贷款期限：65-48 = 16年

Estimated Loan Quantum based on the example given above is $1,145,464, which is 75% of the value of property, i.e. $1,527,285. 根据以上例子，估算贷款额为$ 1,145,464，占房产价值的75％，即$ 1,527,285。

For more information on the loan structure please refer to Bank Loan Guide. 有关贷款结构的更多信息，请参阅银行贷款指南。

Therefore, it is important to know how much you can loan from a bank or financial institution prior to committing to a property purchase. Before consulting a financial advisor, we recommend that you conduct a quick self-assessment to get an idea how much you can loan using the TDSR calculator or mortgage calculator below. 因此，重要的是要在购买物业之前知道可以向银行或金融机构贷款多少。在咨询财务顾问之前，我们建议您进行快速的自我评估，以了解使用下面的TDSR计算器或抵押计算器可以贷款多少。

If you need any clarification, please call our Hotline: +65 6100 1170 如果您需要任何澄清，请致电我们的热线：+65 6100 1170

Note:-注释：-
[1] Max loan tenure for bank loan is 30 years for up to 75% LTV (Loan-To-Value) with effect from 6 July 2018.自2018年7月6日起，银行贷款的最长贷款期限为30年，最高贷款额为75％房产价值。

[2] With effect from 16 December 2021, new mortages cannot cause borrowers' total monthly loan repayments to exceed 55% of monthly income. 自2021年12月16日起，新抵押贷款不得导致借款人每月还款总额超过月收入的55%。

[3] With effect from 30 September 2022, TDSR and MSR loan rate will increase from 3.5% to 4% for residential property and TDSR loan rate for non-residential property will increase from 4.5% to 5%. 自2022年9月30日起，总偿债率-TDSR和每月偿还贷款比率-MSR的贷款利率将从3.5%上调至4%，非住宅房产的TDSR贷款利率则将从4.5%上调至5%。

⁑ Please refer to Bank Loan Guide for minimum cash downpayment and Loan To Value (LTV). 最低现金首付和贷款比率取决于买方的银行贷款记录，请参阅银行借贷指南。

* Inputs are for TDSR calculation, will not affect MSR outcome.输入用于TDSR计算，不会影响 MSR 结果。

* Not applicable for eligible EC applicants. Please refer to EC Eligibility Guide.不适用于符合条件的EC申请买家。请查阅EC申请指南。

Age of Borrower 贷款人1年龄
Gross Monthly Fixed Income固定总月入	$
Variable Income (12m average)平均可变动月入	$
Variable Income after 30% Hair-cut削减30％后的可变动收入	$

Age of Borrower 2贷款人2年龄
Gross Monthly Fixed Income固定总月入	$
Variable Income (12m average)平均可变动月入	$
Variable Income after 30% Hair-cut削减30％后的可变动收入	$

Housing Loan房屋贷款	$
Car Loan汽车贷款	$
Credit Card Loan信用卡贷款	$
Other Loan其他贷款	$
Total Monthly Debt Obligations每月债务总额	$

Housing Loan房屋贷款	$
Car Loan汽车贷款	$
Credit Card Loan信用卡贷款	$
Other Loan其他贷款	$
Total Monthly Debt Obligations每月债务总额	$

TDSR Threshold AmountTDSR阈值金额	$
Maximum Loan Tenure最高贷款期限		Yrs年
Income Weighted Average Age收入加权平均年龄

(Income/Gross income x Age) of applicant A + (Income/Gross income x Age) of applicant B 申请人A的（收入/总收入x年龄）+申请人B的（收入/总收入x年龄）

Bank Loan Assessment based on TDSR and MSR (For EC Purchase)
基于TDSR和MSR的银行贷款评估(用于购买执行共管公寓)

Click here to fine tune affordability check进一步测试购买能力

Combined 总和Monthly Income每月收入	$
TDSR Threshold ( ~~60%~~55%)TDSR阈值（~~60％~~55％）^[2]	$
MSR Threshold (30%)MSR阈值（60％）	$

Interest Rate利率		%
Estimated Loan Quantum based on TDSR基于TDSR估计贷款额	$
Estimated Loan Quantum based on MSR基于MSR估计贷款额	$
Value of Property房产价值 - 75% LTV房贷与价值比率	$
Importance: 1) Varify loan condition 2) You may increase loan quantum by extending loan tenure 重要： 1) 确定贷款条件 2) 您可以通过延长贷款期限来增加贷款额度
Loan conditions贷款条件^⁑		L-This is the no.? loan taking y-Loan tenure yo-Age of applicant L-这是第几次贷款 y-贷款契约年限 yo-贷款人年龄

(Income/Gross income x Age) of applicant A + (Income/Gross income x Age) of applicant B 申请人A的（收入/总收入x年龄）+申请人B的（收入/总收入x年龄）

Bank Loan Assessment based on TDSR and MSR (For EC Purchase) 基于TDSR和MSR的银行贷款评估(用于购买执行共管公寓)

Click here to fine tune affordability check进一步测试购买能力

Bank Loan Assessment based on TDSR and MSR (For EC Purchase)
基于TDSR和MSR的银行贷款评估(用于购买执行共管公寓)