Hello,
How much is the down payment for an HDB flat?
Is HDB downpayment 10% or 15%?
Is HDB downpayment 20 percent?
How much CPF can I use for HDB downpayment?
Can I use HDB loan for down payment?
In Singapore, the down payment for an HDB (Housing and Development Board) flat is typically around 10% of the purchase price of the flat. However, this can vary depending on a number of factors, including the type of HDB flat you are purchasing and the type of loan you are using to finance the purchase.
For example, for a flat purchased using a HDB loan, the down payment is typically 10% of the purchase price, while for a flat purchased using a bank loan, the down payment can be as high as 25% of the purchase price.
It's worth noting that the down payment is just one of several costs associated with purchasing an HDB flat, and you should also budget for other costs such as stamp duty, legal fees, and renovation costs. It's important to carefully consider your financial situation and seek advice from a financial advisor before making a decision to purchase an HDB flat.
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