AskGuru Q&A Community

Get answers from PropertyGuru experts in 24 hours

Asked by
Hi, we are doing our refinance for HDB now. In our previous bank loan for past 3 years, the repayment were contributed by both of us (wife 45%, husband 55%). We are thinking to change the refinance to be repay 100% by the wife only. So that for the second property, the husband can loan up to 80%.
Question : Does the wife have to repay all 55% contribution from previous bank loan to the husband?
0 •
317 views
Upvote Upvoted
Want this question answered?
Get faster responses from our experts by upvoting.
Be the first to upvote this question.

2 Answers

D. Kumar
Replied
Hi,

Perhaps you can contact me directly so that I can clarify all your doubts and explain in depth for your understanding.

Visit my website for my recent accolades, awards and testimonials@ www.kumarrai.com.

D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

ERA 2015 Q1 Top Achievers (Top1%)
ERA Top Achievers 2013-2017
ERA Multi-Million Dollar Club Award
2014 ERA Asia-Pacific Business Conference Elite Award

P Group
Overall Top 100 achievers 2014-2016 Read More
0
Upvote Upvoted
Robbie Chen Chee Howe
Replied
Hi,

I understand what you are exploring. Refinancing will depend on the bank. However, do take note that ABSD is still applicable, as you will still be the Owner of the HDB flat.

Should you need any further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
0
Upvote Upvoted

Still looking for answers?

Get answers from PropertyGuru experts in 24 hours

Ask Your Question
Previously Asked Questions