Free tool · Singapore
See how far your HDB loan really stretches.
Enter your household details and estimate your HDB loan quantum, monthly repayment and the CPF footprint of your purchase, before you commit. Free, no sign-up, and honest about the numbers.
Illustrative estimates · Not a loan offer or financial advice
Before you start
HDB loan eligibility, in brief
- At least one applicant must be a Singapore Citizen.
- Applicant(s) and essential occupier(s) have not taken 2 or more housing loans from HDB.
- Monthly household income must not exceed:
- S$14,000 for families
- S$21,000 for extended families
- S$7,000 for singles under the Single Singapore Citizen scheme
- Applicants must not own or have an interest in any local or overseas private residential property.
For full criteria and to apply, see the HDB website.
HDB loan calculator
Work out your loan quantum
Fill in your household and the flat you're eyeing. We'll estimate the loan, the monthly and how it touches your CPF.
Your Housing & CPF summary will appear here
Fill in the calculator above and hit Work the magic. You'll see:
- Estimated loan amount & monthly repayment
- Downpayment split: CPF and cash
- CPF account projections (OA, SA, MA)
- Housing payment breakdown, year by year
- Retirement sum & CPF LIFE estimates
Housing & CPF summary
Illustrative exampleWe can't size this loan
Adjust the details above and recalculate, or review the criteria in "HDB loan eligibility, in brief" and on the HDB website.
Downpayment details
Additional payment from OA excess ⓘ
See your payments, year by year
Unlock the full CPF-vs-cash housing payment breakdown across the life of your loan, and how it fits the rest of your plan.
Unlock with PerfingoProject your CPF to retirement
See how this purchase shapes your OA, SA and MA balances (plus your retirement sum and CPF LIFE payout) for both applicants.
Unlock with PerfingoIllustrative estimates based on HDB policy parameters as configured, not a loan offer or financial advice. CPF OA figures are taken as of today, not projected to key collection. Verify your eligibility and current rates with HDB.
What the calculator considers
A few key factors shape your estimate:
- Monthly household income
- Existing financial commitments
- HDB loan interest rate (currently 2.6% p.a.)
- Loan tenure (up to 25 years)
Tips for applicants
A few things worth keeping in mind:
- Keep your documents up to date and accurate.
- Weigh your long-term commitments before borrowing the maximum.
- Compare HDB and bank loan rates for your situation.
- Budget for stamp duty, legal fees and renovation.
Good to know
Frequently asked questions
What's the maximum loan-to-value (LTV) for HDB loans?
The maximum LTV for an HDB loan is typically 75% of the purchase price or market value of the flat, whichever is lower.
Can I use my CPF for the downpayment?
Yes, you can use your CPF Ordinary Account savings toward the downpayment, subject to CPF usage rules.
How does the HDB loan rate compare to bank loans?
HDB loan rates are typically more stable than bank loans: currently 2.6% p.a. Bank loan rates may be lower initially but are subject to market fluctuations.
How does "Additional Payment from OA Excess" work?
On an HDB loan, CPF members may retain up to S$20,000 in their Ordinary Account, with the remainder going toward the housing payment. On a bank loan, you can choose to retain any amount of OA savings. See the HDB website for details.
This is one number. See the whole picture.
A flat is just one goal on a life that runs to 100. Perfingo plans your home, CPF, family and freedom together, one honest subscription.
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