Good evening! If you are able to obtain a 80% loan from bank, you will have to fork out at least 5% cash and 15% CPF or cash for 20% downpayment. 5% cash will be $75k. Other cash outlay will be stamp duty (if you are a SC) $39.6k (to be paid in cash first then reimbursed back if you have excess CPF OA funds after 15% CPF downpayment), $3k legal fees, mortgage stamp duty $500 and valuation fee. Why not let my panel of bankers to advise you on your in principle approval so you can find out out how much loan you can obtain and the likely monthly instalment. Hope to hear from you soon! Cheers! 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
Read More