With your salary and savings, here’s what your budget for your HDB flat should be.

Your HDB flat can be paid for in 2 portions:

  1. Up to 90% of the purchase price can be financed with a bank loan and CPF housing grants – both amounts depend on your monthly household income
  2. A minimum of 10% of the purchase price must be paid up front as down payment

Based on this, the simple 3-step calculator below can help you to figure out your home-buying budget:


Want to know more? Explore our other resources for buying a HDB flat in Singapore:

The COMPLETE list of grants for buying a HDB resale flat in Singapore

HDB loan vs bank loan: Which is better to finance your HDB flat?

How do others afford their first HDB flat in their 20s?! And other money-related property questions, answered

HDB resale: How to buy a HDB flat in Singapore on your own


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