Asked by Mr. eric low
Do i need to pay any cash when I take a bank loan?
700 views
3 Answers
Hi Eric,
Yes minimum 5% cash is required as max bank loan is only 80%. Thanks and look forward to assist with your housing plans further.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
Yes minimum 5% cash is required as max bank loan is only 80%. Thanks and look forward to assist with your housing plans further.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More
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ELMr. eric lowRepliedEven though my Cpf is enough to cover the 20percent?
Hi Eric,
Yes you need to pay at least 5% cash.
Feel free to contact me, and I can refer reliable bankers to you.
Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602 Read More
Yes you need to pay at least 5% cash.
Feel free to contact me, and I can refer reliable bankers to you.
Thanks and regards,
Teck Chuan, Ng
BBA (Finance), NUS
ERA Realty Network Pte Ltd
Mobile: 9137 4602 Read More
Good evening Eric,
The breakdown of initial outlay will be as such if you are able to obtain max 80% bank loan.
1) min 5 % cash
2) 15% CPF or cash
3) estimated 3% buyer's stamp duty
4) legal fees etc
Perhaps you can share more information about your finances on hand (cash and CPF) so I will be in a better position to advise and assist you further.
Just to share!
Only a one time sign up, you will be able to receive a free SMS update on the value of your home and neighborhood from me on a monthly basis.
Click this now: http://goo.gl/Gg5pe3!
Join me on board towards a hassle free update on valuation now!
Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480
(M): +65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
Powerful Negotiators
No.1 team in Propnex Read More
The breakdown of initial outlay will be as such if you are able to obtain max 80% bank loan.
1) min 5 % cash
2) 15% CPF or cash
3) estimated 3% buyer's stamp duty
4) legal fees etc
Perhaps you can share more information about your finances on hand (cash and CPF) so I will be in a better position to advise and assist you further.
Just to share!
Only a one time sign up, you will be able to receive a free SMS update on the value of your home and neighborhood from me on a monthly basis.
Click this now: http://goo.gl/Gg5pe3!
Join me on board towards a hassle free update on valuation now!
Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480
(M): +65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
Powerful Negotiators
No.1 team in Propnex Read More