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Why Is My HLE Amount So Low? (And How To Increase It)

Why Is My HLE So Low

Last updated on June 5th, 2021

If you want to take a HDB loan, you will receive a Home Loan Eligibility (HLE) letter which tells you the amount that you can borrow.

However, you may receive a huge shock when this amount is much lower than you expected!

Why is this so, and how can you increase your HLE amount?

Here’s what you need to know.

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Housing Resale

How Much Cash Do You Need For Your Resale Flat?

Resale Flat Cash Upfront

Last updated on June 5th, 2021

If you’re considering to buy a resale flat instead of a BTO, the costs that you need to pay will be slightly different.

The amount that you’ll need to pay in cash may be higher for a resale flat!

So how much should you be saving up for if you want to buy a resale flat?

Here’s what you need to know.

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Deferred Income Assessment Explained Simply

Deferred Income Assessment Explained

Last updated on June 6th, 2021

You’ve decided to apply for a BTO with your partner when both of you have not started work yet.

You may think that it’s a smart move since you both don’t earn any income. So this means that you’ll receive the highest amount of CPF Housing Grants, right?

However to qualify for the Housing Grant, either one of you needs to be working for the past 12 months!

So how can you qualify for the housing grant?

This is where the Deferred Income Assessment comes to play:

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BTO Housing

How To Calculate The Income Ceiling For Your HDB Flat

How To Calculate Income Ceiling For HDB Flat

Last updated on December 7th, 2021

You may be considering applying for an HDB flat, but one of the eligibility criteria is the income ceiling.

This income ceiling, or average gross monthly household income, is also applicable when you are applying for your CPF Housing Grants.

The way that HDB calculates the formula may be different from what you think!

Here’s what you need to know to determine your household’s income ceiling:

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