Buy A HomeBTOResaleStep 1 of 7Next: How Much Can I Borrow For A Home?
How Much HDB Flat Can I Afford?
HDB Affordability Calculator
Enter your household income, savings and loan choice. See an estimated flat budget based on the MSR (Mortgage Servicing Ratio) loan limit, your savings and an estimated EHG (Enhanced CPF Housing Grant).
HDB grants: up to S$120,000 Enhanced CPF Housing Grant for first-timer families earning S$1,500 or less. See grants and income ceilings.
New to this? Read The Short Guide First →
2 Your Result
Before any grants, you could look at homes up to about
Buying a BTO? Only part of the downpayment is due when you sign: usually 10% of the price with an HDB loan or 20% with a bank loan, and less under HDB’s Staggered or Deferred schemes. The rest is due at key collection, often 3 to 4 years later, so savings you add by then count too. See What You Need By Each Date →
Grants You May Qualify For
May qualify — HDB decides. Income tiers alone do not make you eligible. Citizenship, age, work history, property you own now or before, income ceilings and the flat’s lease also count.
3 What Next
Before we get the keys, let’s check the next number.
What This Estimate Assumes
Rough estimate only. The headline budget = max loan + savings, before any grants, capped so the loan is at most 75% of the flat’s value (LTV, loan-to-value), or 55% for a bank loan over 25 years. HDB cut its own loan limit from 80% to 75% from 20 August 2024, so 75% applies to HDB and bank loans alike. We test the loan at 3% or more for HDB loans and 4% or more for bank loans. MSR (Mortgage Servicing Ratio) caps your monthly repayment at 30% of gross income for HDB flats and ECs. For bank loans, TDSR (Total Debt Servicing Ratio, the cap on all loan repayments) also counts your other debts. Repayments use your rate. Your age, loan tenure and the flat’s remaining lease can cut what you can borrow. Possible grants are rough. They use HDB’s grant amounts and income ceilings, checked on 30 September 2026: EHG, EHG (Singles), CPF Housing Grant (Family or Singles), Proximity Housing Grant and Step-Up Grant. Each amount is the most you could get at your income. Resale Family Grant amounts are for two citizens (lower with a PR). Income alone does not make you eligible: citizenship, age, 12 months of work, property you own now or owned before, the remaining lease and other rules apply, and HDB decides. The budget including possible grants is a separate line and only holds if HDB approves every grant. For a resale flat, the headline also sets aside Buyer’s Stamp Duty on that price and any Cash-Over-Valuation (COV) you enter, because the loan is based on the lower of price and valuation and COV is paid in cash. Leaves out BTO income ceilings, BTO stamp duty, legal fees and other small costs, so keep some room below the headline. Check HDB’s official portal and your HFE letter before you decide.
Source for the 75% HDB loan limit: HDB — loan limit cut from 80% to 75% from 20 August 2024 ↗
HDB Grants And Income Ceilings 2026
First-timer families can get an Enhanced CPF Housing Grant of up to S$120,000 at household incomes of S$1,500 or less, falling to S$5,000 at S$9,000. Resale buyers can add the CPF Housing Grant (Family) and the Proximity Housing Grant.
The HDB loan income ceiling is S$16,000 a month for families.
| Average Monthly Household Income | EHG Amount |
|---|---|
| Up to S$1,500 | S$120,000 |
| S$1,501 to S$2,000 | S$110,000 |
| S$2,001 to S$2,500 | S$105,000 |
| S$2,501 to S$3,000 | S$95,000 |
| S$3,001 to S$3,500 | S$90,000 |
| S$3,501 to S$4,000 | S$80,000 |
| S$4,001 to S$4,500 | S$70,000 |
| S$4,501 to S$5,000 | S$65,000 |
| S$5,001 to S$5,500 | S$55,000 |
| S$5,501 to S$6,000 | S$50,000 |
| S$6,001 to S$6,500 | S$40,000 |
| S$6,501 to S$7,000 | S$30,000 |
| S$7,001 to S$7,500 | S$25,000 |
| S$7,501 to S$8,000 | S$20,000 |
| S$8,001 to S$8,500 | S$10,000 |
| S$8,501 to S$9,000 | S$5,000 |
| Grant Or Loan | Amount | Income Ceiling |
|---|---|---|
| Enhanced CPF Housing Grant (EHG), families | Up to S$120,000 | S$9,000 household income |
| CPF Housing Grant (Family), resale | S$80,000 (2- to 4-room) or S$50,000 (5-room or bigger) for two citizens | S$16,000 household income |
| Proximity Housing Grant, resale | S$30,000 to live with parents or child; S$20,000 within 4km | No income ceiling |
| HDB housing loan | Set out in your HFE letter | S$16,000 for families; S$24,000 for extended families; S$8,000 for singles |
For first-timer families. Income is the average gross monthly household income over the 12 months before you apply, and the EHG needs 12 months of continuous work. Citizenship, age, property ownership, remaining lease and other conditions apply, and HDB decides. The HDB Flat Eligibility (HFE) letter confirms your grants and loan.
Source: HDB — Enhanced CPF Housing Grant schedule (opens in new tab); HDB — CPF Housing Grants for resale flats (Families) (opens in new tab); HDB — Proximity Housing Grant (Families) (opens in new tab); HDB — housing loan from HDB (opens in new tab), checked 19 Oct 2026.
Before You Use This Number
Do I Need An Account To Use This Tool?
No. The tool works in your browser with no account. If you copy a result link, it includes the numbers you entered.
What Does This Estimate Assume?
Rough estimate only. The headline budget = max loan + savings, before any grants, capped so the loan is at most 75% of the flat’s value (LTV, loan-to-value), or 55% for a bank loan over 25 years. HDB cut its own loan limit from 80% to 75% from 20 August 2024, so 75% applies to HDB and bank loans alike. We test the loan at 3% or more for HDB loans and 4% or more for bank loans. MSR (Mortgage Servicing Ratio) caps your monthly repayment at 30% of gross income for HDB flats and ECs. For bank loans, TDSR (Total Debt Servicing Ratio, the cap on all loan repayments) also counts your other debts. Repayments use your rate. Your age, loan tenure and the flat’s remaining lease can cut what you can borrow. Possible grants are rough. They use HDB’s grant amounts and income ceilings, checked on 30 September 2026: EHG, EHG (Singles), CPF Housing Grant (Family or Singles), Proximity Housing Grant and Step-Up Grant. Each amount is the most you could get at your income. Resale Family Grant amounts are for two citizens (lower with a PR). Income alone does not make you eligible: citizenship, age, 12 months of work, property you own now or owned before, the remaining lease and other rules apply, and HDB decides. The budget including possible grants is a separate line and only holds if HDB approves every grant. For a resale flat, the headline also sets aside Buyer’s Stamp Duty on that price and any Cash-Over-Valuation (COV) you enter, because the loan is based on the lower of price and valuation and COV is paid in cash. Leaves out BTO income ceilings, BTO stamp duty, legal fees and other small costs, so keep some room below the headline. Check HDB’s official portal and your HFE letter before you decide.