Your first EC, thoughtfully planned
EC First-Timer
Calculator.
A new home is a big step. Make the numbers feel smaller. Plan your down payment, compare payment schemes, and see what happens all the way to key collection.
The next chapter
More than a place to call home.
- Minimum cash
- 5%of purchase price
- Bank financing
- Up to 75%subject to eligibility
- Payment options
- NPS or DPSchoose your cash flow
- Your estimate
- Instantupdates as you go
The purchase planner 01 / Your numbers
Your inputs stay in your browser
Make it yours.
A few details. A much clearer picture.
Enter the Normal Payment Scheme price.
Explore bridging finance with DPS.
Big decision. Human advice.
Talk through your options, without obligation.
Your purchase, at a glance
Live estimateFunds to plan for before bank financing
$277,600
Down payment + buyer's stamp duty + legal fees. All figures in SGD.
- Minimum cash
- $50,000
- 5% booking fee
- Remaining funds
- $227,600
- Cash / eligible CPF¹
- Monthly instalment
- $3,003
- At full loan disbursement
A clear path to your keys.
Normal Payment Scheme · Purchase price $1,000,000
- 01
Reserve your home
5% option fee · Cash only
$50,000
- 02
Sign the agreement
15% S&P payment · Cash / CPF
$150,000
- 03
At foundation stage
5% remaining equity · Cash / CPF
$50,000
- Buyer's Stamp Duty
- $24,600
- Estimated legal fees
- $3,000
¹ CPF usage is subject to CPF rules and available OA savings. Stamp duty may need to be paid in cash first. Payments are due at different milestones, not all at signing.
This is a planning estimate, not a loan offer. The assumed 75% loan is subject to MSR, TDSR, age and bank approval. Grants and ABSD, if applicable, are not included. Check borrowing limits
Normal vs Deferred Payment Scheme
- Normal Payment Scheme (NPS): plan for 25% equity, including at least 5% cash, plus stamp duty and legal fees. Payments are made at different milestones, with an assumed bank loan of 75%. You must sell your existing HDB flat within 6 months after the EC's TOP.
- Deferred Payment Scheme (DPS): plan for 20% equity before TOP, including at least 5% cash, plus stamp duty and legal fees. Another 5% equity is due at TOP. This estimate assumes a 3% price premium over NPS. You must sell your HDB flat before TOP if you take up a bridging loan.
Working out your loan and stamp duty
The home loan portion of an EC is assessed the same way as any other property loan — check your maximum with the TDSR calculator. Buyer's Stamp Duty follows the same IRAS tiers as any residential purchase; see the full breakdown on the BSD calculator. If you're upgrading from a BTO, the BTO down payment calculator shows what you paid on the way in.
Good to know
Frequently asked questions
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More home buyer tools
- HDB Loan CalculatorMax HDB concessionary loan, monthly instalment, and bank loan comparison.
- Stamp Duty CalculatorBuyer's Stamp Duty and ABSD for any Singapore home, tier by tier.
- Sell HDB CalculatorSale proceeds after your loan, CPF refund with accrued interest, SSD, fees and resale levy.
- HDB Eligibility CheckerCheck BTO, resale, EC, grant and HDB loan eligibility, plus your MOP end date.
- CPF Housing Grant CalculatorFamily or Singles Grant, Enhanced CPF Housing Grant and Proximity Housing Grant.
- Property Tax CalculatorYearly property tax from Annual Value, at owner-occupier or non-owner-occupier rates.
- ABSD SingaporeCurrent ABSD rates for citizens, PRs and foreigners, plus total stamp duty.
- TDSR CalculatorYour Total Debt Servicing Ratio, MSR, and maximum loan at the 4% stress rate.
- MSR CalculatorYour Mortgage Servicing Ratio limit for an HDB flat or new EC, and when it binds instead of TDSR.
- Pledge & Show Funds CalculatorHow much to pledge or show to close a loan shortfall from MSR or TDSR.
- Income Required CalculatorThe monthly income you need to qualify for a given property price.
- BTO Down PaymentWhat you pay at lease signing and key collection, split by cash and CPF.
- Home Protection SchemeWho needs HPS, what it covers, and how it compares with mortgage insurance.