I am 35 years old, target to buy a hdb flat at 500K, earning about 3.8K per month. My CPF is 180k. I am not eligible for hdb loan and housing grant.
I have got a IPA from a local bank that said I can only borrow 254k for 25 years. I am looking to borrow 300k for 25 years as that will be enough to get the flat that I want. The initial payment is 5% cash.
Anyone has advice?