Asked by Anonymous
Hi gurus,
Let say I'm buying a flat that is $600k. I decided to use my CPF of $400k to pay for the initial payment and remaining $200k to take a bank loan.
Does the 5% cash initial payment set at 30k based on purchased price of $600k or I just need to pay $10k based on the $200k loan amount?
Thank you.
Let say I'm buying a flat that is $600k. I decided to use my CPF of $400k to pay for the initial payment and remaining $200k to take a bank loan.
Does the 5% cash initial payment set at 30k based on purchased price of $600k or I just need to pay $10k based on the $200k loan amount?
Thank you.
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