Hi Sir
Assuming you did not take PHG grant(live near parents), based on your income, you are eligible for about $50,000 in grants. Along with $95,000 you have in your OA savings which total about $145,000, you might be able to purchase a $350,000 unit with another $220,000 loan. However your budget will be very stretch since the amount is just nice to finance the unit. Do take note based on your curent pay, your monthly OA contribution the only CPF component allowed to finance a loan would be around $630. However based on $220,000 loan, you have to finance around $980 monthly. This means you ahve to top up $350 monthly in cash based on your current pay. Do contact me at
93375051
for a free and non obligatory discussions on this.
Regards
Taufik Hussein
ERA Realty Network Pte Ltd
Read More
