Yes minimum 5% cash is required as max bank loan is only 80%. Thanks and look forward to assist with your housing plans further.
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Contact: (+65) 97432395
Facebook Page: www.facebook.com/ASAProp
(Client's Testimonials) Read More
Even though my Cpf is enough to cover the 20percent?
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!
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
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
No.1 team in Propnex Read More