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Dear Guru, We are planning to purchase a 3 bedded EC in Woodlands. Our combined CPF is about $500k, Cash $150k, combined income is about 10k. Kindly let me know the amount of loan we are able to apply from the bank.
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6 Answers

Dear buyers, The amount of loan you are eligible from bank will greatly depends on your monthly financial commitments like any other loans which you have undertook. In general, the Total Debt Servicing Ratio framework for loans is 60% of your income. Speak to a qualified banker on this instance since income level and expenditures could be a private and confidential topic which you may not wish to disclose to everyone. If you need a number to call to speak to in terms of a banker, feel free to let me know. Visit and Like my facebook page at https://www.facebook.com/propertyblogshop Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com M.O.R.E Landed Dynamic Alliance Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! Our next exhibition is on 2nd and 3rd August 2014. If you have missed out successful exhibition on 10th and 11th May, do not miss this opportunity again. Register your interest to attend this showcase event now! Read More
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Afternoon, The estimated selling price for resale EC within Woodlands is priced around $1mil to $1.2mil. Since your capital in hand is around $550k" after deducting stamp duty and ABSD, if applicable. With your income status, you might be able to get around $600k loan, subjected to your credit record. Do feel free to contact me for further discussion. Regards Mike Lim 96929209  m52i@yahoo.com ERA Read More
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Zheng Yanhui(Alex)
Hi, Can i know which EC you are looking ? Let me know which banker you preferred ? I can ask the banker to contact you directly. Feel free to contact me at 9273 6096  . Regards Alex ERA HP:9273 6096 Read More
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Dear buyer, for a more accurate loan calculation, we would need to know the age of your spouse and yourself. I would be able to guide you through your loan processing and project presentation to ensure a smooth purchase procedure. Look forward to meeting up with you soon. Thank you and have a pleasant day ahead. Andrew Ngauw 8188 8887  andrew.ngauw@gps.com.sg GPS Alliance Pte Ltd www.sgECsales.com Read More
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Hi, Will need to know your age and loan tenure to better determine your loan amount. Feel free to give me a call at 91442664  so I can advise you in details. Tricia Tan Read More
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YT Tan (陈永达)
Good evening, I will recommend you to apply for in principle approval with bankers to gauge how much loan can you obtain. Cause due to TDSR, many of my clients have failed to obtain a desirable loan amount. If you need any referrals on bankers, I am more than willing to introduce. Hope to hear from you soon! YT Tan ECG Property 9111 5171  yt.lovelyhomes@gmail.com Read More
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