Asked by Anonymous
Hi, would appreicate if you could answer our concern. We are buying a hdb flat at $415k. Valuation comes out to be $390k. Cov is at $25k.
The flat doesn't last us till 95 years old so the basis of cpf usage and housing loan is only $378300.
Our hle amount is $280900. It would be prorated from 280900 because the flat doesn't last us till 95 years old. It's 1.5yrs short till 95 years old.
We have a total grant of 60k and our total combine OA is 100k.
Could I know how much cash is needed excluding all the fees that is payable. It has been bothering us and we couldn't find answers to it. Will appreciate if anyone could answer this. Thank you in advance.
The flat doesn't last us till 95 years old so the basis of cpf usage and housing loan is only $378300.
Our hle amount is $280900. It would be prorated from 280900 because the flat doesn't last us till 95 years old. It's 1.5yrs short till 95 years old.
We have a total grant of 60k and our total combine OA is 100k.
Could I know how much cash is needed excluding all the fees that is payable. It has been bothering us and we couldn't find answers to it. Will appreciate if anyone could answer this. Thank you in advance.
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