Calculators
HDB Loan
Home Purchase Planning
HDB Loan Calculator
Check your loan eligibility, calculate monthly payments, and compare HDB vs bank loans.
Property Details
S$
HDB max 25 years, Bank max 30 years
Income & Eligibility
S$
Gross monthly income of all applicants
S$
Car loans, credit cards, other mortgages
You are eligible for a HDB loan
Based on your income and existing obligations
Maximum Loan
S$ 400,000
Monthly Payment
S$ 0
Down Payment Required
S$ 100,000
Total Interest Paid
S$ 0
Debt Servicing Limits
MSR (Mortgage Servicing Ratio)
0%
Maximum 30% for HDB/EC purchases
TDSR (Total Debt Servicing Ratio)
0%
Maximum 55% of gross monthly income
Loan Breakdown
Property Price
S$ 500,000
Loan Amount
S$ 400,000
LTV Ratio
80%
Interest Rate
2.6% p.a.
Loan Tenure
25 years
Total Repayment
S$ 0
HDB vs Bank Loan Comparison
| HDB Loan | Bank Loan | |
|---|---|---|
| Max LTV | 80% | 75% |
| Interest Rate | 2.6% (fixed) | ~3-4% (variable) |
| Down Payment | S$ 100,000 | S$ 125,000 |
| Monthly Payment | S$ 0 | S$ 0 |
| Total Interest | S$ 0 | S$ 0 |
HDB Loan Eligibility Guide
HDB Loan Requirements
- • Singapore Citizen applicant
- • Income ceiling: $14,000/month (family)
- • No private property ownership
- • Valid flat eligibility
MSR & TDSR Explained
- • MSR: Max 30% of income for mortgage
- • TDSR: Max 55% for all debts combined
- • Applies to HDB and private property
- • Calculated on gross monthly income
Down Payment Options
- • HDB: 20% down (can use CPF OA)
- • Bank: 25% down (5% cash, 20% CPF)
- • Grants available for first-timers
- • Additional Buyer's Stamp Duty applies
Important Notes
- • Rates subject to change
- • This is an estimate only
- • Consult HDB/bank for exact figures
- • Additional fees may apply
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