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I am hoping for an advice from any experts here. Me and my fiance dont have much in our cpf (less than 10k combined). He is earning around 2.5k per month, and as for myself, im only earning 1.5k per month. We are more inclined to get a resale flat rather than bto. Based on the information given, how much available cash savings do we need to have minimum if we are interested to get a 3/4 room flat in Yishun?
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3 Answers

Hi,

I just concluded a 3room sale for a client in YISHUN as well. Perhaps you could share more on your exact finances so that I can illustrate a financial cash plan and advise accordingly. Best to take things forward systematically! View my website for my credentials and testimonials! Thanks.

D Kumar
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ERA Associate Division Director
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Hi,
Assuming the purchase price of a 3 room flat is 300K, you got HLE of 250K loan, below are the cash + cpf required.
- 5K cash for option
- 10% - 5K cash or CPF for down payment
- 90% loan from HDB

Base on your data, assuming the income are month fixed salary, no other debt or loan, and both of you are below 35 year old, then the estimated loan amount for both yourself and wife is around 280K.

To assist and advise you more in details, kindly drop me an email for me to share.

I am contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.com Read More
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GAN ENG JOO ONASSIS
Hi,

Re: One Stop Services for SG properties

We can assist you based upon your stated contents and walk you through the entire process.

Tell us more about your requirements and locations, we can explore further in detail.

We are contactable at 92222389  or onassis@sgrealtor.com.

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