If you are buying a flat from the Housing and Development Board ("HDB") and are eligible for an HDB concessionary loan
, you may plan your finances in advance by using our on-line Sales Financial Plan Computation Programme. It is important to do an upfront financial planning before you commit to the flat purchase.
This interactive financial planner will show you estimated figures on eligible loan amount, monthly instalment, stamp duty, conveyancing fees etc.
If you are taking a loan from a bank, you can approach the bank for an assessment of your financial standing and the loan package offered. You may also visit the banks' websites to enquire on the financial plan for the loan package offered.
Before you proceed, it is useful to get ready information such as the CPF balance in the Ordinary Account of all applicants, the monthly income of all applicants and occupiers, the maximum loan amount stated in the HDB Loan Eligibility (HLE) letter, if you have already obtained it from HDB
Before launching the computation programme, you are advised to read the Terms and Conditions
and " About the Financial Plan
|Have Not Obtained an HLE Letter*|
|Have Obtained an HLE Letter|
* This computation program provides only an estimate
of the maximum loan. You will have to submit the HDB Loan Eligibility Application
to know your eligible maximum loan quantum.
Call Sales/Resale Customer Service Line: 1800-8663066 during office hours
E-mail us: firstname.lastname@example.org
Want to know more about HLE Letter? Click here
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