Good morning Stephen,
You can opt for either HDB or bank loan.
Initial outlay for HDB loan will be lower (10%) cause you can take up to 90% HDB loan while 20% if you take max 80% bank loan.
If you have sufficient finances for the 20% downpayment, I will advise you to opt for bank loan as Maybank is offering 1.68% fixed rate for 2 years while HDB interest rate is 2.6%. You are saving up almost more than 1%.
Just to share!
Simply a one time registration, 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
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