Commitments: loans, housing and family

How do I add a loan?

Liabilities covers the debts housing doesn’t cover: car, student, renovation, and personal loans, anything with a balance and a rate. Home loans live in Housing. Each person keeps their own list: tap “Add a loan” for each debt, or leave it empty if you have none.

Each debt is its own card: remaining balance, interest rate, monthly repayment, and a payoff timeline underneath.

• “Are you currently paying this off?” Yes: payments start right away, counting only what’s left of this year.
• No: you give the age repayments start instead, for a debt you know is coming but haven’t begun repaying.

Each card shows a payoff chart: the balance shrinking as repayments chip away and interest pushes back, so you can see roughly when a debt clears.

How do I add a home?

Housing is the biggest section here, because “housing” can mean owning outright, saving for one, or waiting on a BTO (an HDB flat booked before it’s built) or an unfinished new-launch condo. One question up front shows only what fits your situation. Pick your situation once. The rest of the form follows from it, and a housing payments mini-chart sits below.

Pick your situation

• Own: you already have a property, with or without a loan.
• Planning to buy: you don’t own one yet but plan to.
• Waiting for keys: committed to a BTO, EC (executive condo), or new-launch condo still being built.
• Not buying: nothing more to fill in.

Each choice shows only its own fields, so “Not buying” never shows a loan-interest question. “Waiting for keys” is the most detailed, below.

Loan type: HDB vs bank

Wherever a loan applies, you pick HDB or bank, though a condo or landed property locks to bank, since HDB loans are HDB-only.

Waiting for keys: BTO vs private

This splits a BTO (HDB loan, one loan) from an EC or new-launch condo (bank loan, paid in stages). A BTO asks years until ready, the downpayment split, and whether you’ve started paying; neither it nor an existing mortgage has a loan-length field. The app estimates it for you. A new launch instead bills in stages matching construction: foundation, structure, roofing, each releasing a slice of the price.

Who pays for it?

Planning as a couple, Housing asks “Who pays for it?”: you, your partner, or both. Pick “Both” and you’ll also set your share of the monthly payments, where needed.

The full loan limits, downpayment defaults, and grants are in Housing & property.

How do I add children?

One section covers the children you have and any you’re planning for, each question opening a short list. It also holds the cost-split slider between two applicants on a couple’s plan.

For each current child: a date of birth (the app derives age), a gender, and a pre-university path (polytechnic or junior college), which sets the costs used and when university starts. For each planned child: just the paying parent’s age when the child arrives, at or after their current age.

With both of you on the plan, you choose who pays. “Both” adds a cost-split percentage, with your partner’s filled in to sum to 100%.