Downpayment Calculator Singapore 2026 (HDB, BTO, Condo, New Launch)

Condo balconies and a street lamp against a blue sky — On a S$1.5 million condo, the upfront bill is about S$422,600 before you collect the keys. Photo: Jiayuan Lian on Unsplash

At a glance

HDB loan: 25% downpayment, all of it payable from CPF
Bank loan, first housing loan: 25% downpayment, of which at least 5% in cash
Bank loan, second housing loan: 55% downpayment, of which at least 25% in cash
Cash over valuation: Always cash; no loan or CPF covers it
Stamp duty: Due within 14 days; CPF can pay it, with a cash top-up if timing is tight

Total you need upfrontS$0

The home

PriceS$Cash over valuation (COV)S$The amount above HDB's valuation. Loans and CPF don't cover it, so it's all cash.Loan

What you have

CPF Ordinary Account, all buyersS$Cash savingsS$

When you pay

Rules used

HDB loan: up to 75% of the price or valuation, whichever is lower. The 25% downpayment can come entirely from CPF.
Bank loan, no other housing loan: up to 75%, with at least 5% of the price in cash. With one outstanding loan: 45% with 25% in cash; with two or more: 35% with 25% in cash.
BTO with an HDB loan: 10% when you sign the agreement for lease and 15% at key collection, or 5% and 20% under the Staggered Downpayment Scheme. With a bank loan: 20% at signing and 5% at key collection.
HDB resale: option fee up to S$1,000 and exercise fee up to S$4,000, both in cash and counted towards the downpayment. Resale condo: usually 1% to take the option and 4% to exercise it within 14 days. New launch: 5% booking fee, then 15% within 8 weeks.
Buyer's Stamp Duty from 1% to 6% by tier, and ABSD at citizens 0%, 20%, 30%; PRs 5%, 30%; foreigners 60%. Due within 14 days of signing. Legal fees estimated at S$2,500 for HDB and S$3,000 for private.

Plan your purchase on WhatsApp

An estimate. Your lawyer, bank and HDB give the final figures. Rules last checked 13 October 2026.

What the calculator shows

Pick what you’re buying and enter the price. The big number is everything due before you collect the keys: the downpayment, any cash over valuation, stamp duty and legal fees. Enter the CPF and cash you have, and it splits the bill between the two and flags any gap. The timeline underneath shows when each payment falls due, because the money isn’t all needed on day one.

Two worked examples

A S$600,000 HDB resale flat with an HDB loan. HDB lends 75%, S$450,000. The S$150,000 downpayment can come entirely from CPF, although you pay the S$1,000 option fee and S$4,000 exercise fee in cash first. Buyer’s Stamp Duty is S$12,600 and legal fees are about S$2,500. The total upfront is S$165,100. If the seller wants S$20,000 above the valuation, that S$20,000 is cash on top.

A S$1.5 million resale condo, first property, bank loan. The bank lends 75%, S$1,125,000. The S$375,000 downpayment needs at least S$75,000 in cash, and the rest can come from CPF. Stamp duty is S$44,600 and legal fees about S$3,000, for S$422,600 in total.

Why the cash minimum matters

The cash rule catches people who have plenty in CPF but little in the bank. On a bank loan, 5% of the price must be cash even if your CPF could cover the whole downpayment. If you still have a housing loan, for example because you’re buying a condo before selling your HDB flat, the bank lends only 45% and 25% of the price must be cash. On a S$1.5 million condo that’s S$375,000 in cash instead of S$75,000. The sell-and-upgrade calculator compares selling first with buying first.

Payments by type of home

HDB resale: option fee and exercise fee in cash within the 21-day option period, stamp duty within 14 days, and the rest at completion about 8 weeks after HDB accepts the application.
BTO: 10% at the agreement for lease and 15% at key collection with an HDB loan. Under the Staggered Downpayment Scheme it’s 5% and 20%.
Resale condo: 1% to take the option and 4% to exercise it within 14 days, stamp duty within 14 days of that, and the balance at completion.
New launch: 5% booking fee in cash, 15% when you sign the sale and purchase agreement, and any remaining downpayment at the first construction stage before the bank starts paying.

Before you commit

Check how much the bank or HDB will lend with the HDB loan calculator or the mortgage calculator, and take off any grants with the HDB grant calculator. Grants go into your CPF and count towards the downpayment.

Common questions

How much downpayment do I need for an HDB resale flat?

25% of the price or valuation, whichever is lower, if you take an HDB loan, and it can all come from CPF. A S$600,000 flat needs S$150,000, plus S$12,600 in Buyer's Stamp Duty and about S$2,500 in legal fees. Any COV is extra and must be cash.

How much cash do I need to buy a condo in Singapore?

At least 5% of the price in cash if it's your only housing loan, plus cash for the 1% option fee. The other 20% of the downpayment can come from CPF. With an outstanding housing loan the cash minimum rises to 25%.

How much is the BTO downpayment?

With an HDB loan, 10% when you sign the agreement for lease and 15% at key collection. Young couples on the Staggered Downpayment Scheme pay 5% and then 20%. With a bank loan it's 20% at signing and 5% at keys.

Can I use CPF for the downpayment?

Yes, for everything except the cash minimum on a bank loan and any COV. The option fee and exercise fee are paid in cash first, then counted towards the downpayment. CPF for stamp duty is paid out after the purchase is approved for CPF use, so some buyers pay it in cash and get reimbursed.

Get a free valuation

Tell us your block and flat type. We'll send recent prices for your block and nearby blocks, and what a sale would leave you after your loan and CPF refund.

Sources

Facts on this page were checked against these sources on 13 October 2026.