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I am using the "Housing Affordability Calculator" from CPF's website to estimate my housing loan based on my income and ability to service the loan. I want to understand it shows me Ordinary Account Savings and Cash. Is the Cash amount is the total cash I need to cash out to buy a house or it's the cash amount that I need to top-up in my CPF within the tenure of loan?
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Y'von Koh
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Dear Gen

It is good to apply for an actual HLE from HDB. Let them determine the max loan that you are able to apply.

If stated as 'Cash' its likely to be hard cash portion that you need to come out with. Not that you need to Top up in your CPF. No.

Feel free to call or email if you need me to assist you with the HLE application. Thanks.

Yours faithfully
Y'von Koh
 8170 5633 
y.vonproperties@gmail.com Read More
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