How much CPF savings you can use for your home purchase

4 Aug 2025

SOURCE: CPF Board

Your CPF savings can be used for purchasing a home, but did you know that there are limits in place? 

Read on to learn more about using your CPF savings for a home purchase. 

Why are there limits with using your CPF savings for purchasing a home?

These limits ensure a prudent balance between purchasing a home and retirement planning. It prevents you from using all your CPF savings for housing, which could otherwise compromise your retirement.

With that in mind, here’s the breakdown on how much CPF savings you can use for a home purchase.

Using CPF savings for a home purchase

The amount of CPF Ordinary Account (OA) savings you can use for property purchase depends on the remaining lease of the property, type of property, and the loan type.

You may also use the CPF housing usage calculator to calculate the exact amount of OA you can use if you have details such as your co-owners’ dates of birth, purchase date, valuation price, and lease information of the flat.

1. Remaining lease of the property 

The property’s remaining lease should cover the youngest buyer using CPF until age 95. If it does, you can use your CPF OA up to the lower of the purchase price or the valuation price of the property at the time of purchase.

For a property with remaining lease that is unable to cover the youngest buyer using CPF until age 95, you and your co-owners (if any) can use your respective OA savings up to a percentage of the lower of the purchase price or the valuation price of the property at the time of purchase.

When the total CPF usage for all owners reaches this pro-rated limit, you will not be able to use further OA savings for the property, regardless of whether you have set aside your Basic Retirement Sum.

In such cases, the cap on the use of CPF savings is meant to help you set aside sufficient CPF savings for you and your co-owners’ housing needs during retirement (e.g. a replacement property).

2. Type of property and loan type

Depending on the type of loan and property purchased, the amount of OA savings you can use will differ.

Pointers to keep in mind before purchasing a home

Knowing the maximum amount of CPF savings that you can use for your home would help in budgeting for your home.

This ensures that you would have enough cash on hand for other purposes such as renovation and home appliances.

Keep the following pointers in mind before purchasing a home:

· Choose your loan type wisely. There are more constraints in using your CPF savings for a bank loan as compared to an HDB loan.

· Plan your finances accordingly. Use the CPF housing usage calculator to calculate the exact amount of CPF that can be used for the flat before purchasing.

· Keep the remaining lease in mind. Properties with shorter remaining leases may have additional CPF usage restrictions.

Learning more about how much CPF savings you can use for your home purchase

Making informed decisions about your home purchase and understanding how much CPF savings you can use for your home purchase can help ensure that you spend within your means.

If you are looking for a home to enjoy your golden years in, read our article on retirement housing options. Be sure to also check out our other guides on resale flat buyers and withdrawal of CPF savings for property owners for other home-related resources!

The information provided in this article is accurate as of the date of publication.