facebookI have plans to buy a HDB resale flat. How much of my monthly income should I set aside for loan repayment? E.g percentage - Seedly

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Mei

03 Sep 2023

Property

I have plans to buy a HDB resale flat. How much of my monthly income should I set aside for loan repayment? E.g percentage

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Hi there! There's no hard and fast rule on how much to set aside, but you can definitely play around with this calculator to help you visualise how much is comfortable for you to take on as a loan!

The loan eligibility for a HDB flat is set at 30%(MSR) of your gross income. I think that's a good r...

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