Affordability Calculator

Property type
HDB
Executive Condo
Condo/Landed
Applicant status
Single
Joint

Main applicant

Joint applicant

Monthly income

Main applicant

Joint applicant

Other funds

Main applicant

Joint applicant

Loan type
HDB Loan
Commercial Bank Loan
Applicant status
Single
Joint

Main applicant

Joint applicant

Monthly income

Main applicant

Joint applicant

Other funds

Main applicant

Joint applicant

Applicant information
Applicant status
Single
Joint

Main applicant

Joint applicant

Properties currently owned
Monthly income

Main applicant

Joint applicant

Other funds

Main applicant

Joint applicant

Total monthly debt repayment
(Leave this blank if you pay your bills in full)

Main applicant

Joint applicant

Eligible Loan

Amount of loan eligible

${{thousandFormatter(hdbData.L) }}

Maximum price of property affordable

${{thousandFormatter(hdbData.P)}}

Initial Payment

Buyers' Stamp Duty

${{thousandFormatter(hdbData.BSD)}}

Additional Buyers' Stamp Duty

${{thousandFormatter(hdbData.ABSD)}}

Initial cash payment（5%）

${{thousandFormatter(hdbData.w)}}

Balance downpayment (cash or CPF)

${{thousandFormatter(hdbData.b)}}

Total initial payment (cash & CPF)

${{thousandFormatter(hdbData.Total)}}

Total CPF and cash on hand

${{thousandFormatter(hdbData.Total_CPF_cash)}}

Additional cash needed

${{hdbData.d > 0 ? thousandFormatter(hdbData.d).replace('-','') : 0}}

Please adjust cash on hand to proceed.

Loan

Loan amount

{{hdbData.d <= 0 ? '$'+thousandFormatter(hdbData.L1) : 'Not Eligible'}}

Loan tenure

{{hdbData.d <= 0 ? hdbData.T + ' years' : 'Not Eligible'}}

Monthly repayment

{{hdbData.d <= 0 ? '$'+thousandFormatter(hdbData.M1) : 'Not Eligible'}}

Eligible Loan

Amount of loan eligible

${{thousandFormatter(executiveData.L) }}

Maximum price of property affordable

${{thousandFormatter(executiveData.P)}}

Initial Payment

Buyers' Stamp Duty

${{thousandFormatter(executiveData.BSD)}}

Additional Buyers' Stamp Duty

${{thousandFormatter(executiveData.ABSD)}}

Initial cash payment（5%）

${{thousandFormatter(executiveData.w)}}

Balance downpayment (cash or CPF)

${{thousandFormatter(executiveData.b)}}

Total initial payment (cash & CPF)

${{thousandFormatter(executiveData.Total)}}

Total CPF and cash on hand

${{thousandFormatter(executiveData.Total_CPF_cash)}}

Additional cash needed

${{executiveData.d > 0 ? thousandFormatter(executiveData.d).replace('-','') : 0}}

Please adjust cash on hand to proceed.

Loan

Loan amount

{{executiveData.d <= 0 ? '$'+thousandFormatter(executiveData.L1) : 'Not Eligible'}}

Loan tenure

{{executiveData.d <= 0 ? executiveData.T + ' years' : 'Not Eligible'}}

Monthly repayment

{{executiveData.d <= 0 ? '$'+thousandFormatter(executiveData.M1) : 'Not Eligible'}}

Eligible Loan

Amount of loan eligible

${{thousandFormatter(condoLandedData.L) }}

Maximum price of property affordable

${{thousandFormatter(condoLandedData.P)}}

Initial Payment

Buyers' Stamp Duty

${{thousandFormatter(condoLandedData.BSD)}}

Additional Buyers' Stamp Duty

${{thousandFormatter(condoLandedData.ABSD)}}

Initial cash payment（{{condoLandedData.cash_payment * 100}}%）

${{thousandFormatter(condoLandedData.w)}}

Balance downpayment (cash or CPF)

${{thousandFormatter(condoLandedData.b)}}

Total initial payment (cash & CPF)

${{thousandFormatter(condoLandedData.Total)}}

Total CPF and cash on hand

${{thousandFormatter(condoLandedData.Total_CPF_cash)}}

Additional cash needed

${{condoLandedData.d > 0 ? thousandFormatter(condoLandedData.d).replace('-','') : 0}}

Please adjust cash on hand to proceed.

Loan

Loan amount

{{condoLandedData.d <= 0 ? '$'+thousandFormatter(condoLandedData.L1) : 'Not Eligible'}}

Loan tenure

{{condoLandedData.d <= 0 ? condoLandedData.T + ' years' : 'Not Eligible'}}

Monthly repayment

{{condoLandedData.d <= 0 ? '$'+thousandFormatter(condoLandedData.M1) : 'Not Eligible'}}

Explanatory Notes:

For HDB loans, HDB uses the higher of the following to compute an eligible housing loan amount:

  • Interest rate floor (currently at 3.0% per annum); and
  • Prevailing HDB housing loan interest rate.

(https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/housing-loan-options/housing-loan-from-hdb) For commercial bank loans, the rate of 4.25% is used for this calculator.