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How much BTO flat can you afford?

Build-To-Order flats are sold at a subsidised price — but you still need to clear MSR and TDSR. Get your maximum loan, target price, EHG grant estimate and amortisation schedule in seconds. Free, no sign-up, updated for 2026.

Calculate my BTO budget →

No sign-up. No data stored. Updated for 2026.

✓ MSR & TDSR built in ✓ EHG by income band ✓ No sign-up

By the HDB Calculator Team · Last reviewed 16 October 2026 · How we verify

Your household
Total before CPF/tax. Singles: your own income.
Used for max loan tenure (repay by age 65).
Car loans, personal loans, credit card minimums, other mortgages.
Years left on the lease. New flat: 99.
Loan type
HDB loan: at least one applicant must be a Singapore Citizen, 75% LTV?Loan-to-Value — the HDB loan covers up to 75% of the purchase price or valuation, whichever is lower, lowered from 80% on 20 August 2024. Bank loan: 75% LTV. On an HDB flat the limit falls to 55% if the tenure exceeds 25 years (the maximum is 30 years) or the loan runs past age 65. MAS requires banks to size the loan at a 4% floor or higher.

Results are estimates based on published HDB/MAS rules. By using this calculator you agree to our Terms of Service. Not financial advice — verify with hdb.gov.sg.

What makes a BTO flat different?

A Build-To-Order (BTO) flat is a brand-new HDB unit that is only built after enough buyers sign up during a launch exercise. You pre-order at a subsidised price, but the trade-off is time: HDB reports a median wait of about four years for the flats it completed in 2025, and its Shorter Waiting Time flats come with waits of less than three years.

What does a BTO flat cost?

HDB prices each BTO project individually at its launch and publishes no standing price band, so we do not print one. Prices for every flat type in a project are in HDB’s launch materials for that exercise; put the price you are looking at into the calculator above. Plus and Prime flats carry a Minimum Occupation Period of 10 years and a subsidy recovery on resale, against 5 years and no subsidy recovery for a standard flat.

Grants for BTO buyers

BTO buyers can tap the Enhanced CPF Housing Grant (EHG) of up to $120,000 for families (up to $60,000 for singles), subject to the income ceiling of $9,000/month (families) or $4,500/month (singles). Unlike resale, BTO buyers cannot claim the CPF Housing Grant or the Proximity Housing Grant. Second-timer families buying a 2- or 3-room BTO flat can instead claim the Step-Up CPF Housing Grant of $15,000 — HDB's own Step-Up grant page states it applies to a new flat bought from HDB as well as a resale flat.

Use the CPF Grant Checker → for your full eligibility, or read the EHG eligibility guide and the full 2026 grant guide.

BTO vs resale — which is cheaper after grants?

The answer depends on your timeline. BTO wins on upfront price and maximum subsidy; resale wins on speed and stacks more grants. See the full breakdown in our BTO vs Resale 2026 guide.

Quick reference (2026): HDB loan rate 2.6% · MSR 30% · TDSR 55% · HDB loan LTV 75% · bank loan LTV 75% (55% at the lower tier) · EHG income ceiling $9,000 (families) / $4,500 (singles).

Frequently asked questions

Is the HDB loan or a bank loan better for a BTO flat?

The HDB loan is currently 2.6%, pegged to the CPF Ordinary Account rate and reviewed quarterly, with no lock-in and no minimum cash downpayment. Bank loan rates, in HDB’s words, vary between banks and may change with market conditions: each bank prices its own packages, and after any lock-in the rate follows the package’s reference rate. Either way your loan is sized above the rate you pay — HDB uses the higher of its 3% assessment floor and its rate, and MAS requires banks to use at least a 4% floor. Use the comparison in your results to see both side by side.

Can PRs and foreigners buy a BTO flat?

Foreigners cannot buy HDB flats. PRs can only buy resale HDB flats (after 3 years of PR, with an eligible SPR household) using a bank loan. They are generally not eligible for the HDB concessionary loan, and are not eligible for the EHG, which HDB and CPF Board limit to Singapore Citizen households.

Does this include CPF grants?

Yes — we show the EHG for your income band from HDB’s own tables, for first-timer families and for a single buyer on their own income. HDB confirms the exact amount in the HFE letter. For your full grant picture (EHG, CPF Housing Grant, Proximity Grant, Step-Up), use the CPF Grant Checker →.

Why does my self-employed income reduce my loan?

MAS requires banks to apply a haircut of at least 30% to variable income such as commission, bonus and allowance, averaged over the preceding 12 months. The calculator treats self-employed income as variable and applies the haircut to the bank-loan figures; HDB assesses income itself, so its figures use your declared income. A bank’s approved loan may be lower than for a salaried buyer with the same headline income.

Learn more — HDB guides & resources

🆕 Affordability Calculator 🆕 CPF Grant Calculator BTO vs Resale 2026 Full Grant Guide 2026 EHG Eligibility Guide CPF Usage Guide Resale Levy Guide

Sources for the figures on this page

Every figure above is taken from the source named here on the date shown. Figures marked as estimates are reconstructed, not published by the authority.

A QuikForge tool — see also CPF Calculator · Sitetals Compliance Scanner