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Hi Sir/Madam

1) Based on the info that you provided (40 yr old and fixed monthly salary $20k), your estimated loan amount max will be $2.19 Mill
I will suggest to check your in principal approval of your loan from banker.
I can connect you with reputable banker for this, free of charge and no obligation.
2) Based on $1 mill, and assuming loan is 75%
5% Cash = $50,000
20% Cash/CPF = $200,000
BSD (Cash/CPF) = $24,600
ABSD (Cash/CPF) = might apply
Legal fee = $2,500 (estimated)
Please contact me at (65) 96608508  and I can share the breakdown for this calculation including timeline.
3) How many bedrooms are you looking at and which area you prefer?
I have current price list, promo of every projects in Singapore and will be glad to advise you

I have assisted many foreigner purchase their Singapore property and will be glad to assist you as well
No agent fee from private property buyer
Appreciate if you can contact me at (65) 96608508 
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More

Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, may I refer a mortgage broker to you?

Regards
Aaron Chong
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi, Do contact me at 97970200  to understand and discuss

Mark, your RIGHT choice
Propnex Read More

Hi,

1) If you do not have other outstanding loans in Singapore. According to the preliminarily TDSR assessment, you should be able to get a loan of around $2M.
2) However, you have to know that a maximum housing loan is limited to 75% of the property.
3) You will have to prepare the 25% down payment and buyer stamp duty of ~3% for residential property value at or below $1M and ~4% for the residential property above $1M.
4) On top of this, you are also subject to a 30% ABSD (Additional Buyer Stamp Duty).
5) With your $100k on hand, this is only sufficient for a residential property of $400k.
6) The following are the amount of cash you have to prepare for a property valued at $1M for your reference:
(a) Down payment : $250k (25%)
(b) Buyer stamp Duty: $24,600 (~3%)
(c) ABSD : $300k (30%)

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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