1. What CPF Accounts Can Be Used for Housing?

You can use your CPF Ordinary Account (OA) for housing-related payments. Contributions automatically flow into your OA unless you transfer them to SA or investments.

Your OA can be used for:

• Downpayment
• Stamp Duty (BSD + ABSD)
• Legal fees
• Monthly loan instalments

2. How Much CPF Can You Use for Downpayment?

For HDB with HDB loan:

• Up to 100% of downpayment can be paid using CPF OA

For HDB or Private Property with Bank Loan:

• Minimum 5% cash
• Next 20% can be paid using CPF OA

3. Can You Use CPF for Stamp Duty?

Yes — you can use CPF OA to pay:

• Buyer’s Stamp Duty (BSD)
• Additional Buyer’s Stamp Duty (ABSD), if applicable

However, you must pay cash first, then request CPF reimbursement.

4. Using CPF for Monthly Loan Instalments

You can use CPF OA to service your monthly mortgage for both HDB and private property.

5. CPF Withdrawal Limit (Important!)

CPF sets a limit on how much you can withdraw:

1. Valuation Limit (VL)
You can withdraw CPF up to the property’s valuation.

2. Withdrawal Limit (WL)
Up to 120% of valuation — after this, you must pay any remaining loan in cash.

6. CPF Accrued Interest — What You Must Return

When you use CPF for property, you must “return” the amount used + 2.5% yearly accrued interest when you sell the property.

Example:

• CPF used: $150,000
• After 5 years, accrued interest: ~$20,000
• Total to return to CPF: ~$170,000

7. CPF Housing Grants for First-Time Buyers

In 2025, first-time buyers may qualify for:

• Enhanced CPF Housing Grant (EHG): Up to $80,000
• Proximity Housing Grant (PHG): Up to $30,000

Grants go into your CPF OA and must be returned with accrued interest when you sell.

8. How Much CPF Should You Use?

Using too much CPF may reduce your retirement savings later. It’s best to balance between:

• Cash
• CPF OA
• Grants

Conclusion: CPF Makes Your First Home Much More Affordable

As a first-time buyer in Singapore, CPF is one of your biggest financial tools. It covers your downpayment, stamp duty, legal fees, and monthly instalments — making homeownership reachable in 2025.