Why does HDB not include my other pay (e.g. bonus) for credit assessment in my application for an HDB Loan Eligibility (HLE) letter to determine my housing loan amount?

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A12: Only regular earned income (excluding bonus) can be considered for loan assessment. Variable components such as bonuses are excluded as they are not regular income components.

Why does HDB not include my other pay (e.g. bonus) for credit assessment in my application for an HDB Loan Eligibility (HLE) letter to determine my housing loan amount?

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