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Good morning buyer,

based on your age, you are only able to take up a max loan tenure of 30 years.

To find out how much loan you can take, I can either ask my banker to contact you to advise you on your in principle approval if not, you can apply for home loan eligibility (HLE).

Hope to hear from you soon! Enjoy your weekends!

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

Thank you for your query.

Based in the information provided, you may qualify for up to 45% or around $180k loan due to MSR restriction. Hence, for a $400k property you would have to prepare at least $235k in cash and/or CPF to cover stamp duty, lawyer's fee, agent's fee, valuation fee and miscellaneous. Do consult a banker for IPA or HDB for HLE before making any commitment.

You may like to know that there are CPF Housing Grant for Singles of up to $20,000 for first timer.
http://www.hdb.gov.sg/fi10/fi10321p.nsf/w/BuyResaleFlatCPFGrantSingles

Please feel free to contact me should you require additional information.
Thank you and have a pleasant day.

Warm Regards,
Karrien N. Chan
CEA Reg. No.: R052532H
Mobile: +65 822 50 212
Email: karrien.realty@yahoo.com

Powerful Negotiators
PropNex Realty Pte Ltd L3008022J

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http://www.propertyguru.com.sg/agent/karrien-n-chan-295771 Read More

Afternoon,

Based on your income status, without knowing your credit status, bank will likely grant you around $220k to $230k. Hence to proceed further with the purchase, it would be ideal for my banker to work on your credit status before we work into the details.

Do feel free to contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More