New Launch Private Home Loan

Updated on 30 Sep 2022

Home Loan max. 75% of the purchase price

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

Home Loan, Cash & CPF Required

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

New Launch Private Payment Timeline

DescriptionNormalPay ByExtendedPay By
Upon the grant of Option to Purchase (OTP)5%Cash only5%Cash only
Within 8 weeks from the Option date15%Cash or CPF15%Cash or CPF
Buyer’s Stamp Duty (Paid during Exercise OTP)#Cash or CPF#Cash or CPF
Additional Buyer’s Stamp Duty (Paid during Exercise OTP)^Cash or CPF^Cash or CPF
Estimated Legal Fee (Paid during Exercise OTP)$3,000Cash or CPF$3,000Cash or CPF
Completion of foundation work (10%)5%Cash or CPF10%Cash or CPF
5%Home Loan
Completion of reinforced concrete framework of unit10%Home Loan10%Cash or CPF
Completion of partition walls of unit5%Home Loan5%Cash or CPF
Completion of roofing/ceiling of unit5%Home Loan5%Cash or CPF
Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit5%Home Loan5%Cash or CPF
Completion of car park, roads and drains serving the housing project5%Home Loan5%Home Loan
Upon obtaining Temporary Occupation Permit (TOP)25%Home Loan25%Home Loan
Upon obtaining the Certificate of Statutory Completion (CSC)15%Home Loan15%Home Loan

Normal Home Loan (HL) Max. 75%, Extended Home Loan Max. 55%

# If property Price < 1m = 3% less $5,400 if >1m = 4% less $15,400

Click here to check your Additional Buyer’s Stamp Duty (ABSD)

Loan-To-Value (LTV)

(1st Home Loan)

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%