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When is the monthly housing loan deducted from my CPF account?

Updated by CPF
The date of deduction for your monthly housing loan from your CPF account depends on your property and loan provider.
 
Type of property Type of loan takenDate of next deduction
HDB flat 

HDB loanBetween 6th and 12th of each month (both dates inclusive)
Bank loanBetween 11th and 14th of each month (both dates inclusive)
Private property / Executive CondominiumBank loanBetween 26th and 1st of the following month, depending on the bank's due date (both dates inclusive)
Note: If you are using your CPF savings to pay for HDB flat upgrading cost, the deduction date occurs between 6th and 12th of each month (both dates inclusive).

 

This information is sourced from CPF.

Topics:

Home OwnershipHousing Scheme

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