tulipz

Hi guys, I am looking to buy a new flat, first timer! so need to consult the experts here. Last week I submitted a HLE loan application to HDB and was only a granted loan up to $228,900 but based on the HLE calculator by HDB it says the combined income of my fiancée and me can loan up to 490K. We both are 27 this year. I am a civil servant earning about 2.5k+ (pay rise for the month of July, previous 2.1k) with additional of $450 allowance, my allowance is fixed and consistent every month. So I'm earning a total of 3k starting from July. My fiancée previously earning 2.3K for the past one year, she changed her job and took a short break of about 6 weeks. She started her new job on the 3rd week of June thus there is no income on the month of May and pro-rated salary for the month of June. She's earning 2.6K per month. Our total combined income is about 5.6K but why we can only loan up to $228,900? Our total combined CPF savings is only about 45K+ and we do not have any kind of outstanding loan. May I know what factors they're looking at when they processed our applications? Also what kind of grants is available? I'm looking to buy a DBSS unit at Tampines where by parents are staying. Thanks for the help people!