Singapore Property Financing

Home Loan & CPF Statement

REF. NO. WORKING COPY
FOR PLANNING PURPOSES ONLY

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Disclaimer
For reference only. Please consult a professional financial advisor, banker or property agent before making any decision.

Property

Property type

HDB resale

Executive Condo

Private

Purchase price (S$)

Bank valuation (S$)

Leave equal to price if you have no separate valuation yet.

Outstanding housing loans you currently have

None

One

Two or more

Bank Loan Terms

Loan tenure (years)

Actual interest rate (% p.a.)

MAS stress-test rate (% p.a.)

Banks assess eligibility at this floor rate regardless of your actual rate above. Currently 4.0% for residential loans; edit only if you have a specific written update from your bank or MAS.

Applicants

Number of applicants

Single

Joint (2)

Selling An Existing Property

Are you selling a property to help fund this purchase?

Yes

Sale price of existing unit (S$)

Outstanding loan to redeem (S$)

Remaining balance on your existing housing loan, paid off from the sale proceeds.

CPF refund on sale, by applicant (principal + accrued interest)

Each owner's CPF refund goes back to that owner's own CPF account, not to cash, and not into a shared pool. Check the exact figures via CPF's refund estimator.

Use the CPF refund toward this purchase?

Yes, redeploy it

No, leave it in CPF

"Redeploy" adds each owner's refund back to their own CPF OA for this purchase, still subject to the Valuation Limit, Withdrawal Limit and BRS rules below. "Leave it in CPF" still deducts it from your sale proceeds, but excludes it from the funds available here.

Agent commission (%)

Seller's Stamp Duty payable (S$)

Only applies within the holding period after purchase (currently 3 or 4 years depending on when you bought, and generally not applicable to HDB). Check IRAS for the rate that applies to you; enter 0 if not applicable.

Other selling costs (S$)

Conveyancing / legal fees and similar.

Purchase Stamp Duty & Fees

Buyer profile for stamp duty

Citizen

Foreigner

For a joint purchase, IRAS applies the highest ABSD rate among all the buyers, so select the profile that attracts the higher rate rather than the first applicant's.

Residential properties you already own at the point of purchase

None

One

Two or more

This counts properties owned, which is not the same as the outstanding-loans question earlier: a property owned outright still counts here. If you complete the sale of your existing home before exercising the option on this one, count it as one fewer.

ABSD treatment

Pay and keep

Expect remission

A married couple with at least one Singapore Citizen buying a second home can apply for ABSD remission if they sell their existing home within six months of the purchase (for a completed property). Selecting "expect remission" still shows the full amount as cash needed upfront, since it must be paid first and reclaimed later, but removes it from the net cost.

Manual ABSD rate override (%)

Leave at -1 to use the rate implied by the profile above. Set a value only if you have a specific IRAS position, for example a partial remission or a treaty-national exemption.

Legal / conveyancing fees for the purchase (S$)

Other purchase costs (S$)

Valuation, survey, renovation set-aside, and similar.

How stamp duty will be funded

Reimburse from CPF

Cash, no reimbursement

For a resale or completed property you must pay stamp duty in cash within 14 days of exercising the option, then reclaim it from CPF at legal completion, since the CPF charge can only be lodged once the title transfers. For a property under construction, CPF can pay it directly. Either way the cash is needed first; this toggle only sets whether CPF ultimately bears the cost.

Cash & CPF Assumptions

Cash on hand, separate from any sale proceeds (S$)

Excludes CPF and excludes the sale proceeds above, which are added automatically.

Voluntary cash top-up to reduce the loan (S$)

Cash you choose to put in beyond the minimum downpayment, to borrow less. It is drawn from both your cash on hand and your net sale proceeds, and directly reduces the loan taken and the monthly instalment.

Draw the top-up from

Sale proceeds first

Cash on hand first

Both sources are available either way; this only sets which one is drawn down first, so you can see the split and keep a reserve in whichever you prefer.

Today's prevailing CPF Basic Retirement Sum, BRS (S$)

Default is the 2026 figure (S$110,200) per CPF Board.

BRS check basis

Today's sum

Projected to age 55

Assumed BRS growth (% p.a.)

"Projected to age 55" grows today's BRS forward, per applicant, to the year each one turns 55, since CPF Board raises and then locks the BRS at each cohort's 55th birthday. Officially announced figures only run about two years ahead (through 2027); anything beyond that is this tool's own projection at the growth rate you set, not a confirmed CPF Board figure.

Target Monthly Instalment

Instalment you want to end up paying (S$ per month)

Enter the monthly repayment you are comfortable with, at your actual interest rate, and the statement will work backwards to the cash top-up needed to get there. Leave at 0 to switch this off.