Asked by Mr. Ganesh Parameswaran
I am an Employment Pass holder with a take home monthly income of 13200 SGD (monthly gross 16K). I DO NOT have any savings but I am interested to purchase a condo (800K, 3bedder in districts 11 to 19). I need assistance to plan the purchase. My view is: take personal loan for the initial payment (like absd, lawyer fees, 5% for OTP and 15% initial pymt) remaider on a housing loan. Please reply if you have any advice
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