Hi,
SC 2nd property purchase, with outstanding home loan for current 1st property breakdown as follows:
Cash 25%
CPF OA 25%
Max bank loan 50%
BSD + ABSD + legal approx 10%
Do note you have to set aside 85.5k (OA+SA) before you can use excess CPF OA for 2nd property. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
Contact:
(+65) 97432395 Facebook Page: www.facebook.com/ASAProp
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