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Dear madam, You will only be eligible to purchase the condo after you have met your MOP. Having an outstanding loan will reduce the loan eligibility for your intended purchase. On top of that, you will also be subjected to Additional Buyers' Stamp Duty for your 2nd property. I strongly encourage you to work out the sums with a banker before sitting down to assess the options ahead with the family expansion. Should you require a number to call in order to speak to a banker, do let me know. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565  /+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg 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! **Aspiring to be your preferred partner in real estate** ARE YOU FREE 21st May?? Watch out this space for more landed homes deals!! More than 50% units sold @ Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location. Studio units are almost sold out!! https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Call us to find out MORE! Read More

For second property purchase, do note of the LTV ratio ( loan percentage ) 1) After clearing current HDB outstanding loan LTV : 80% ( subject to bank's T&C ) 2) Purchase without redeeming current loan LTV : 50% ( subject to bank's T&C ) Both (1) & (2) will be subjected to ABSD for second property at 7% of purchase price. You may want to read up on this link for the rental of your HDB thereafter : http://www.hdb.gov.sg/fi10/fi10325p.nsf/w/MaxFinancesOverviewRentHouse?OpenDocument Read More

Hi, there are too many what ifs in your query. May I ask where are you currently located that the HDB is too good to sell? Is the 4br condo you are looking at also in the vicinity? Can EC be a consideration? No ABSD and downpayment can be 20% for booking. However, after TOP, you got to sell your current HDB. Do drop me an email: propnex@me.com or sms me @ 81613790  so that I can understand more and be able to offer you more suggestions. Rgds Philip Chong Associate Team Director Propnex Realty Pte Ltd Read More

Hi good evening, probably you can share more information on your current outstanding loan and finances on hand etc with me. I will help you calculate whether is it possible to take up a 50% bank loan and finance a 4RM condo with 50% downpayment with ABSD. Hope to hear from you soon. I am contactable via email, whataspp or we chat. YT Tan ECG Property 9111 5171  yt.lovelyhomes@gmail.com Read More