Buying a flat is a long-term financial commitment that could stretch up to 25 years, so plan ahead and do not overstretch yourself financially.
The following tools will assist you in your financial planning, like how much you can afford and borrow for your flat purchase.
Eligibility check - buying an HDB flat and applying for an HDB housing loan
You may first wish to check on your eligibility to buy an HDB flat and take an HDB housing loan.
Enquiry on Loan Estimate
The Enquiry on Loan Estimate e-Service provides you with an estimate of the loan amount you may obtain from HDB. However, please note that you must still submit an application for the HDB Loan Eligibility (HLE) letter to know your eligible loan quantum. Your eligibility for an HDB loan and the exact amount will only be confirmed following our credit assessment.
Enquiry on monthly instalment
This e-Service allows you to work out the monthly instalment for your intended loan amount and repayment period.
Apply for HDB Loan Eligibility (HLE) Letter
Submit your HLE letter application online with the supporting income documents to find out if you are eligible for an HDB loan, as well as the loan amount you can get based on your financial situation. We will need the income documents to process your HLE application.
You can also check the status of your HLE application thereafter.
Sales financial plan
Estimate the loan amount and monthly payments for an HDB flat purchase using the Sales Financial Plan.