If your monthly home loan repayment and monthly debt obligations surpass the 60% TDSR, you’ve got several options:
Take the maximum loan tenure to reduce the monthly installment (MI) until you’re below the 60% mark.
Focus on paying off a debt or two so you can free up the disposable monthly income to use towards your home loan repayments.
Ask your bank or financial institution for an exemption, which may or may not be approved by its credit committee (only applicable to refinancing and if property is bought before June 2013). In most cases, if property is owner-occupied, for refinancing banks are willing to increase the TDSR ratio.
Pledge or show of funds and net-worth to increase the assessable income within the TDSR framework formula.