BTO Affordability Calculator
BTO Affordability calculator, this Calculator will help you verify , whether your profile is eligible to apply and purchase BTO ( Build to Order HDB ). After Passing the BTO Eligibility Verification, the Calculator will help you conduct a quick check on whether your Profile is eligible for HDB Loan as well .Finally it will calculate the break down Fees / Down Payment / CPF and Cash Composition etc that your Profile need to prepare for the BTO Purchase.
Historical HDB Price Index have been Rising Over the Years for Resale HDB Flat. Further more the Corvid Pandemic situation and lack of BTO new launch have cause both Resale HDB & BTO Price to Sky rocketed. Competitions are tough to apply for a Single BTO Unit. In order to Apply for a Unit , (1) First your Family or Individual Profile Must be eligible (2) Second Your Individual or Family Profile Property Purchase history should align to HDB Regulation (3) Third Apply and que up in waiting list (4) Fourth is Luck Luck and Luck Balloting (5) Fifth You are Lucky and got the Unit , now you need to get your HDB Loan and Bank Loan Approve (7) Finally Pay Up , and wait for the Unit to be finished build.
There are lots of Criteria to be verify base on HDB rules and Regulation , it will take you some times to fill up .
The BTO Affordability Calculator is build on the Understanding Of HDB Rules & Regulation / MAS Loan Rules & Regulations, Refer the below Links For your Info :->
- BTO Eligibility Check
- HDB Loan Eligibility Check
- Enhanced CPF Housing Grant Eligibility
- Bank Loan For BTO
- Total Debt Service Ratio
- Mortgage Servicing Ratio
- Loan Tenure and Loan To Value Limits
- Income Weighted Average Age Ratio
- BTO Down Payment & Staggered Down Payment Scheme
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