Resale EC 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.
Resale EC Payment Timeline
| Description | Normal | Extended | Pay By |
| Upon the grant of Option to Purchase (OTP) | 1% | 1% | Cash only |
| Upon Exercise OTP (Usually within 14 Days) | 4% | 4% | Cash only |
| Buyer’s Stamp Duty (Paid during Exercise OTP) | # | # | Cash only |
| Additional Buyer’s Stamp Duty (Paid during Exercise OTP) | ^ | ^ | Cash only |
| Estimated Legal Fee (Paid during Exercise OTP) | $3,000 | $3,000 | Cash only |
| Min. Cash for Extended Home Loan (10% - OTP - Exercise Fee) | NA | 5% | Cash only |
| Max. Home Loan (Have a bank offer letter ready before exercising the OTP) | 75% | 55% | Home Loan |
| Balance paid during completion | 95% - HL | 90% - HL | Cash or CPF |
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 Tenure | Up to 30 Years | Up to 30 Years | 31 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 Payment | 5% | 10% | 10% |
| Next Payment (Cash or CPF) | 20% | 35% | 35% |