1 Answer

YT Tan (陈永达)
Good evening buyer,

You will be able loan up to 80% provided you don't have any outstanding housing loan. 20% downpayment will be 5% cash and 15% CPF or cash if shortfall.

Do take note that if you have utilized your CPF OA funds for your current HDB, you have to set aside a minimum sum of $77.5k in your OA + SA accounts before you can use the excess for the purchase.

And if you decide to purchase under your SC spouse only, the ABSD will be 7%.

Do get in touch with me so I can further advise you with a financial plan based on both of you.

Hope to hear from you soon!

Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
ECG Property Pte Ltd
(M): +65 9111 5171 
(E): yt.lovelyhomes@gmail.com
(W): www.yttan.com Read More