Hi,
1) I have to have the following assumptions, to begin with:
(a) You are an SC, no need to consider ABSD.
(b) You're eligible for an HDB loan, therefore can pay only a 10% down payment with CPF.
(c) No COV in the purchase
(d) You have to be a good negotiator to negotiate for a low deposit
(e) You have sufficient funds in your CPF OA for those payments that can use CPF funds.
2) Cash portion: $867.90 ~ $5,865.90
Deposit = option + exercise fee
Option: $1~$1,000
Exercise fee: $1~$4,000
Caveat: $128.90
Title Search: $32
Mortgage Stamp Duty: $500
Valuation: $120
Resale application: $80
Fire insurance: ~$5
3) You may also refer to the HDB web link for more detail:
https://www.hdb.gov.sg/cs/infoweb/residential/buying-a-flat/resale/financing/costs-and-fees
Hope the above answer your main concerns, but if there are more query, please feel free to contact me at
90110636
, or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.
Best regards
Ling CK
90110636
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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