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Mike Lim
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Evening Mr. Singh,

Since your current unit is still under mortgage, you can only obtain 50% loan for your second mortgage. If your purchase is at $600k, you will need $300k cash. You will also be liable for 7% ABSD which will amount to $42k. All this are exclusive of the top-up required if you do not have sufficient CPF to cover the balance 50%, after setting aside the CPF minimum sum.

FYI
Mike Lim
 96929209 
m52i@yahoo.com
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