New Launch EC Home Loan

Home Loan max. 75% of the purchase price

This is an estimate calculation, exact amount subject to Bank calculation and approval.

New Launch EC Bridging Loan

(For those currently own HBD flat & for DPS only)

EC Home Loan + Bridging Loan can up 80% of EC deferred payment price

This is an estimate calculation, exact amount subject to Bank calculation and approval.

Normal Payment Scheme (NPS) & Deferred Payment Scheme (DPS) Bank Loan

The Four Main Types of EC Bank Loans

This is an estimate calculation, exact amount subject to Bank calculation and approval.

Normal Payment Scheme (NPS) or Deferred Payment Scheme (DPS)

Two type of payment scheme for EC

DescriptionNPSPay By DPSPay By
Upon the grant of Option to Purchase (OTP)5%Cash only5%Cash only
Upon signing Sale & Purchase Agreement or within 9 weeks from the Option date15%Cash or CPF15%Cash or CPF
Estimated Buyer’s Stamp Duty & Legal Fee3%Cash or CPF3%Cash or CPF
Completion of foundation work (10%)5%Cash or CPFNo payment required until TOP
5%Home Loan
Completion of reinforced concrete framework of unit10%Home Loan
Completion of partition walls of unit5%Home Loan
Completion of roofing/ceiling of unit5%Home Loan
Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit5%Home Loan
Completion of car park, roads and drains serving the housing project5%Home Loan
Upon obtaining Temporary Occupation Permit (TOP)25%Home Loan65%Cash or CPF or Bridging Loan
& Home Loan
Upon obtaining the Certificate of Statutory Completion (CSC)15%Home Loan15%Home Loan

Home Loan Max. 75%, Home Loan + Bridging Loan can go up to 80% of the purchase price

Price for Deferred Payment Scheme (DPS) is 3% higher than Normal Payment Scheme (NPS)

Loan-To-Value (LTV)

Loan TenureUp to 30 YearsUp to 30 Years31 to 35 Years
Sum of Tenure & Age of Borrower (at application)<= 65 Years> 65 Years 
Loan-To-Value (Max. Home Loan)75%55%55%
Min. Cash Down Payment5%10%10%
Next Payment (Cash or CPF)20%35%35%