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There are 3 housing loan amounts (i.e. Prudent, Moderate, and Maximum) indicated in my HFE letter. Which one should I refer to?


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Updated by HDB
You are eligible for any housing loan amount up to the Maximum loan amount, subject to the prevailing loan-to-value limit. However, a bigger housing loan or longer repayment period will increase your interest costs. For financial prudence, do consider taking a smaller housing loan amount and/ or a shorter repayment period. For enquiry on the monthly instalments payable for a different loan amount or repayment period, please use the Interest Savings Calculator at My HDBPage.

This information is sourced from HDB


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