The Financial Supervisory Service ordered the banking sector to calculate DSR including all loans, such as leasehold loans and policy mortgages, that were exempt from the total Debt Service Ratio (DSR) regulation.
However, this is for the purpose of collecting information to understand the borrowers' repayment ability in more detail, and does not affect the actual loan limit of the borrowers.
According to the financial sector and financial authorities on the 4th, the Financial Supervisory Service ordered the calculation of DSR for all loans at the banking household debt meeting held the previous day.
The purpose is to calculate the DSR by including all rental loans, policy mortgages, low-income financial products, and intermediate payment and moving cost loans that are currently excluded from the application of DSR.
To this end, it is known that the Financial Supervisory Service, banks, and Korea Credit Information Service are conducting working-level discussions to establish a new DSR calculation method and system.
An official from the Financial Supervisory Service said, "There is a need to know and manage the repayment ability of borrowers. Currently, what is and is not included in DSR is mixed, so there are aspects where accurate counting is not possible."