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Hi, you will need to inform HDB that you are unemployed on those months, however this will result in your income not being taken into consideration for HDB loan and you will end up with a lower loan amount as the loan amount is based on the average of your past 12 months of income.

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You can call in HDB to update them on this and they should be able to make adjustments on their end to take into considerations on the months you are unemployed.

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Hi,

1) The reason the HDB is asking for the last payslip is to determine 2 things:
(a) Your household did not exceed the income ceiling specified by the HDB.
(b) Your last few months of income are taken into consideration in getting a higher mortgage loan.

2) You may request your last payslip from your company HR if you can't find it.
3) The HDB might reject your HFE application without providing the document they need for verification.

Please give me a thumbs-up if the answer provided is relevant to your main concern. Thanks!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
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Best regards
Ling CK
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HDB Response and Your Options:

HDB likely requested payslips to assess your household income for eligibility purposes. Here's how to address it:

Explain Your Situation: Respond to HDB, politely explaining your unemployment and that your partner's income will be the primary source for the loan.

Partner's Employment Proof: Provide your partner's latest 12 months' payslips or equivalent income documents (e.g., Notice of Assessment from IRAS) as proof of income for the loan application.

CPF Contribution History: HDB might consider your CPF contribution history as an indicator of past employment and potential future income. Ensure you've submitted your CPF contribution details.

Additional Tips:

Highlight Stable Income: If you have any recent income sources (e.g., freelance work, passive income), provide documentation to strengthen your application.
Transparent Communication: Maintain open communication with HDB throughout the process.
Important Note:

Even with your partner's income, the loan amount you qualify for might be lower compared to a situation with two employed applicants.

Here are some resources from HDB that you might find helpful:

Income Guidelines and Documents for HDB Loan Eligibility: https://www.hdb.gov.sg/residential/buying-a-flat/understanding-your-eligibility-and-housing-loan-options/housing-loan-options/housing-loan-from-hdb
Using CPF for your HDB Flat purchase: https://www.cpf.gov.sg/member/home-ownership/using-your-cpf-to-buy-a-home
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