Initial payment when taking HDB/ bank loan – Singapore HDB flat for sale
Initial payment when taking HDB loan = 10% of the resale price or valuation price of the flat, whichever is lower (Can use CPF monies or CPF Housing Grant or cash). Singapore HDB flat for sale.Initial payment when taking bank loan to buy HDB flat
Initial payment = 20% of the resale price or valuation price of the flat, whichever is lower, as follows:
- 5% initial payment must be in cash
- Balance 15% initial payment (Can use CPF monies or CPF Housing Grant or cash).
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