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Good evening Kho,

The 80% loan will be based on 25 years loan tenure, 3.5% interest rate and 30% of your income.

Perhaps I can get my banker to advise you on your in principle approval first?

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

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Hi Kho,
Up to max 80% loan but depends on the eligibility. To assist you to get the exact figure, kindly drop me an email for me to share the details.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More

Good morning,

Bank can grant maximum of 80% loan where 5% down payment must be made using cash. If you have sufficient CPF, you can utilize them to pay for the balance 15% down payment. Interest rate on the mortgage differ between banks. However, the actual amount will still be based on your income and credit status.

Do feel free to contact me should you require additional assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Hi Mr. Kho,

There are 2 types of loan available to buy a resale HDB flat.
(1) Bank loan:
Cash: 5%
Cash and/or CPF: 15%
loan: 80%

(2) HDB loan:
CPF: If you have sufficient CPF for 10%, you can loan up to 90% of the market price or purchase price whichever is lower.
Cash: OTP + exercising fee = $5k

Both bank & HDB loan amount are based on MSR (Mortgage Servicing Ratio), thus they are the same loan amount.

Please feel free to contact me in order to find out which is more suitable for your situation.

I can be contacted via mobile: 90110636  or email: ling.ck7@gmail.com

Thanks.
Best regards
Ling CK
 90110636 
ling.ck7@gmail.com Read More