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Upgrading · 6 min read
How Much Can I Afford After Selling My HDB?
Your next budget is sale proceeds plus loan capacity plus usable CPF, minus the cash costs of buying.
The answer comes from three inputs and one deduction.
Sale proceeds Estimated sale price less outstanding loan, less CPF refund, less selling costs.
Loan capacity Determined by income, age, tenure and existing commitments, and capped by TDSR and the applicable loan-to-value limit.
Usable CPF What sits in your Ordinary Account after the refund, subject to the usage rules for your next purchase.
Then deduct buying costs Stamp duty, legal fees, renovation and a reserve buffer.
What remains is a realistic budget — and a much better basis for viewing properties than a rounded guess.
Run your own numbers
Reading is a start — the useful part is applying it to your own figures.