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Hi to all gurus,

I am a Singapore, currently 31 yrs old and I plan to get a flat with my fiancé to start a family. This is our first time and according to the HLE calculator from HDB, the max loan that we can get is $425,900 and adding our available CPF saving, we will have a total of $494,806. I would like to know does that mean we will be able to afford flat that are <$500k ? How about flat that are $600k ? Will we be able to afford that ?

Thanks.
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3 Answers

Afternoon,

The HLE calculator provide you with an estimated figure. It would be good to physically obtain the HLE with the submission of your income documents. Do note that as first timer, you will be able to get housing grant of $30k or $40k, if both of you are SC. And if you are looking to buy unit that are priced at $600k, you might be required to settle the difference with cash.

Do contact me for detail discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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Hi there,

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner, for me to very comprehensively chart out your financial calculations flow and for us to explore the available options and alternative.

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D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

About Me-

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Hi.
I would love to have a detailed discussion with you on getting your first home. Have you also look into options that you can afford a 2bedder pte properties?
Feel free to reach me via 91442664  .
Tricia Tan
 65 9144 2664  Read More
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