Asked by Suhaan
I have finalized on a property with a valuation price of 350k and COV of 25k totalling 375k as the purchase price. I have an offer letter from the Bank to finance 80% of the purchase price and have only around 25k in my CPFO Account.
In such a situation i would like to understand the payment schedule and amount of money to be paid right from the initial deposit and OTP to the final appointment and take over of the flat from the owner as I need to do some planning based on the time available.
I would appreciate if somebody can give me an overview of the amount of money that is due at each appointment with the owner or with the HDB.
In such a situation i would like to understand the payment schedule and amount of money to be paid right from the initial deposit and OTP to the final appointment and take over of the flat from the owner as I need to do some planning based on the time available.
I would appreciate if somebody can give me an overview of the amount of money that is due at each appointment with the owner or with the HDB.
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