facebookCan CPF grants be use directly for the 10% resale downpayment? Or what percentage can be paid with these grants? - Seedly

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Anonymous

Edited 10 Aug 2021

Property

Can CPF grants be use directly for the 10% resale downpayment? Or what percentage can be paid with these grants?

Referring to EHG and Proximity grants.

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Robin

10 Aug 2021

Administrator at SG

No. The grants are only activated after the downpayment and CPF "wipe-out". The grants will then help to decrease the monthly mortgage and years to pay.

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