Any couple that applied BTO when 1 is working and another still studying? - Seedly
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HDB BTO

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Anonymous

Asked 3w ago

Any couple that applied BTO when 1 is working and another still studying?

How much loan can you get since your combined income will be low and HDB/Bank won’t loan you 90%/75% of the cost. Is there a way to reassess your income and loan you a higher amount before you collect your keys since when the BTO is complete, it will be 5-6 years time and your partner would be working and the combined income will be higher

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I applied for BTO while both of us were studying so we did not get any loan but our income assessment will be deferred till key collection.

If you need a reassessment, inform HDB about it. It is not likely for them to reject you and make things difficult for you.

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2 more comments

Jiayee
Jiayee

3w ago

I still had to pay 5% downpayment. Then before key collection another 5%.
Question Poster

3w ago

Do you know if deferred income assessment works if 1 of the couple is working and the other studying? Or both must be studying?
Thank You!
Can you clarify
I wonder if
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