Hi Kourosh,
If you have no outstanding housing loan, first cash payment will be the downpayment (5% cash, 15% CPF).
If you have outstanding housing loan, 10% cash; 30% CPF.
Any shortfall in CPF amount will be covered back in cash. But it you are able to produce an OTP signed, you can possible to loan up to 80% for your private property purchase.
So it is really down to the purchase price of your next property price then you can be certain of the amount of cash you have to fork out.
I will love to assist you with your property purchase, financing etc. Feel free to contact me if you need any assistance.
Warmest Regards,
YT Tan
ECG Property
M:
(+65) 9111 5171
E: yt.lovelyhomes@gmail.com
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