If you have taken an HDB housing loan, you will naturally want to know how to manage mortgage loan matters, and sustain the monthly payments over the loan period. This information can help you plan and better manage your loan matters.
A housing loan from HDB is a long-term financial commitment. Find out how to manage and service your HDB housing loan with these details on payment matters, refinancing, and interest rates. There are also assistance measures in place to help you should you face financial hardship.
CPF policies and rules may affect your ability to service your housing loan repayments, especially when you reach 55. Also, CPF housing withdrawal limits will apply if you use your CPF savings to pay for your housing loan.
Find out how the Citizen Top-Up works and how to apply for it. Once you are eligible, you need to submit your application to HDB within 6 months.