Evening Sandy, First because both of you are SPR, you must first fulfill SPR status of 3 years respectively before eligible to purchase resale HDB. I can recommend bankers to you to advise you on the loan amount (in principle approval) that both of you can obtain from banks. If you don't have any outstanding housing loan, it will most likely be 80% and it will be based on 60% total debt servicing ratio on your combined income. 20% downpayment will be 5% cash and 15% CPF/ cash. Other costs will be cash over valuation, legal fees, valuation fees, resale HDB submission, agent's commission, buyer's stamp duty and 5% additional buyer's stamp duty thats applicable to SPR. If you need any assistance in property purchase, feel free to contact me. Hope to hear from you soon! Warmest Regards, YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M):
+65 9111 5171
(E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com
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