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Hi, I have just sold off my hdb flat and will have around 130k cash proceeds. I am prepared to only use 50k cash to buy a condo. I have 415k cpf combined with my wife. I was wondering if I can afford a 3 bedroom condo and what is the monthly repayment. Please advise.
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2 Answers

Morning Ng,

With $50k and getting 80% loan from bank, you can purchase unit of around $950k. With your CPF amount, you will need a loan of around $500k, which would be dependent on your income and credit status. As for how much is your monthly installment, it will depend on both your current age which determine how long your mortgage loan can last.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
ERA Read More
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J.A. Goh 吴永益
Hi SP,

Yes, you are able to get a 3-BR condo upto $1M range, depending on which locations you are keen at.

Feel free to send me an email and advise which area you are interested in and I can help to advise which condo are within your budget. Please feel free to drop me an email or call me directly for a non-obligation discussion, if you still have further questions.

Thank you & Best Regards
J.A.Goh
HP: 9639 0350 
ERA Senior Marketing Director
CEA Reg No. R025894Z
CEA License No. L3002382K
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
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