Good afternoon Sarah, As you don't have any outstanding loan, you will be able to loan up to 80% (but still subject to 60% total debt servicing ratio) with max loan tenure of 30 years or to retirement age of 65 years old. Thus downpayment will be 20% (5% cash and 15% CPF/ cash). If you are a SC, you will be subject to 7% additional buyer's stamp duty on top of estimated 3% buyer's stamp duty. If in figures, they will be: 1) 5% cash- $110k 2) 15% CPF/ cash - $330k 3) stamp duties - $214.6k Do get in touch with me so I can send you a detailed financial plan. 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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