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I want to save money which i am giving every month as rent. I am spending 3k every month as rent and i think it would be good idea if i give it as installments. I am 38 with wife and small kid and annual income is $120000. Can arrange $100k as down payment and want a ready to move condo.Is it possible?
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4 Answers

Evening,

With bank loan, you can obtain max of 80% loan. Hence your down payment will be made by cash which is at $100k. With $100k budget, you can get one bedroom unit, likely to be new launch projects. For resale unit, you might be able to get one bedroom or studio unit.

Do contact me if you require further assistance.

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

Please feel free to contact me at 96659926  for a non obligatory discussion for me to better understand your requirements and specifications to be in a better position to advise you further in the most detailed and thorough manner, for me to very comprehensively chart out your financial calculations flow and for us to explore the available options and alternative.

Rest assured, I will walk you through the entire process- assisting you all the way from finding the perfect property to negotiating for the best price to post deal paperwork, to establishing financial calculations and ascertaining risks. Furthermore, since you are not liable to pay any agent fees, why not let me shoulder the stress of the technical aspects of your purchase while you savor the process!

Visit my website to view my testimonials & recent awards to gather more information on me: www.kumarrai.com

D Kumar
 +65 96659926 
ERA Associate Division Director
www.kumarrai.com
www.singapore-newproperties.com.
contactdkumarrai@gmail.com

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Hi Mr sanjay,
You are right, if possible spend the 3K for instalment instead of rental. Please drop me an email for me to share with you the cost breakdown and the financial plan so you know the eligibility.

I can be contactable at my mobile or email.

CK Ang
 9046 3808 
res.ckang@gmail.som Read More
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  • SI
    Hi Mr. CK,

    Can you please share the plan with me at sistwal@gmail.com

    Thanks

    Sanjay
Good day. Yes that sounds to be a good plan however, the downpayment portion may require more than 100k. If you are a SG or PR with CPF that will help too.

Do drop me a buzz at wa.me/6590275509

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