Hi all, recently i've turned 35 and have been scouting around for a resale 3room HDB. I would like to know what the chances are for getting an HLE and a successful HDB loan? What are the factors escalating to a successful application?

I've included the following as a starting point,

3room HDB seling price: $280k

CPF OA:55k

Salary: 2.2k/month

Thanks in advance

why don't you apply HLE first and see how much HDB can loan you.

You will know the answer from the correct source.

280k-55k =225k, say@25yr,2.6%, PMT=$1,021

Can you, alone, paying each month $1,021 with 2.2k monthly salary?

Not mentioning TDSR.....

If loan 100k (125k get from where?), say@25yr, 2.6%, PMT=$454 - hdb will consider.

Thanks all for the reply. Just sent in HLE application a few days ago.