Good morning buyer,
you should be able to loan up to $935k based on $7k; TDSR; 3.5% interest rate on a max 30 years loan tenure (assuming you dont have debts like car loan, credit cards etc).
With that loan quantum, you can purchase a property worth around $1.16m (assuming you have sufficient cash or CPF OA funds for the initial downpayment and stamp duties).
If you decide to go ahead with $1.16m purchase but with a reduced loan, you have to come out with more cash and CPF OA funds to make up the difference.
If you decide to go for a lower loan quantum, your purchase price will be lowered as well.
Perhaps we can meet up over a cup of coffee first so we can discuss and explore what are the options available for you. From there, you will have a better idea which option is most suitable for you.
Hear from you soon!
- Your Leasehold Ally, Freehold Tactician -
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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
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