When assessing how much hdb loan to disburse, does hdb use 2.6% or 3.5% (stress test, like banks) to calculate?

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Peter Lin

30 Sep 2020

Brand Comms Lead at Mortgage Master

As far as I'm aware, HDB loans do not apply a stress test (unlike banks). This is because existing restrictions like the Mortgage Servicing Ratio (MSR) of 30% already act as a 'stress test'.

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I am currently using HDB loan for CPF 2.6% interest per annum. Debt left about 300k. I now have accumulated about 30k OA and would like to consider if I should:

Which is the better loan option to take for HDB BTO? HDB or Bank Loan? What is the typical loan amount as a % of property price? If one has ability to pay up for the property, should one do so and reduce the % of property price that is using loans?

If I take a HDB loan and subsequently switch to a bank loan, how much loan can I get from the bank?

I thought you can also use CPF to pay bank loans? isn't the comparison between bank loans and HDB loans instead?

Can CPF OA be used to service my bank loan for HDB BTO? Or are bank loans only serviceable by cash?

I am currently using HDB loan for CPF 2.6% interest per annum. Debt left about 300k. I now have accumulated about 30k OA and would like to consider if I should:

If I take a HDB loan and subsequently switch to a bank loan, how much loan can I get from the bank?

I thought you can also use CPF to pay bank loans? isn't the comparison between bank loans and HDB loans instead?

Can CPF OA be used to service my bank loan for HDB BTO? Or are bank loans only serviceable by cash?