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Hi,

For private condo, you can use cpf, but loan financing wise, only bank loan can be used. Different bank packages have different terms & conditions and thus different pros and cons. Its tough to list them all at once. Maybe you can let me know your plans & detailed requirements? Thanks and hope to assist further on your purchase.

Warm regards
Ivan ERA
 97432395 
Ivanng10@gmail.com
Website: http://www.ivanng10.com/#!reviews/c11r1
(Client's Testimonials) Read More

Good morning buyer,

Do take note that you are only take up to 80% bank loan to finance your property. Different loan packages have different terms and conditions so do let my banker/s advise you on that.

As for CPF OA funds usage, you can use all to finance the purchase.

Initial outlay that you will need if you are able to obtain 80% bank loan:

1) 5% cash downpayment
2) 15% CPF OA funds or cash downpayment
3) estimated 3% buyer's stamp duty
4) $2.5k legal fees
5) $500 stamp duty for mortgage
6) other misc fees

Hope my explanation helps!

If you need any assistance or advice in your property purchase, feel free to contact me. Cheers!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
R043025D
Property Avenue Pte Ltd
Estate Agent no. L3010650D
Blk 420 North Bridge Road #03-30 North Bridge Centre S188727

(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com
(W): www.propertyavenue.com.sg Read More

Hi,

Re: Our Preferred Experienced SG Realtor

Simple CPF- interests incurred is 2.6% n bank loan fixed rates always practice will be higher that is the cons.

Whereby you save the CPF balance while taking more bank loan. If any times you have financial concerns, CPF can be backup to pay installment. Pros

We can assist you based upon your stated contents and walk you through the entire process with options.

Call us now, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

In all Areas of Singapore. Sale/Buy/Lease/Rent, Please call and/or drop me an email me. I’m always at your Services.

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Hi,
I am happy to assist you to compute the finance part especially the estimated bank loan quantum.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More