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2 Answers

William Koh
Replied
Morning Yin Fong,

Only 5% of the 20% Downpayment is cash, the rest can be pay using your CPF.

Do contact me if you need help.

Cheers,
William Koh
 9027 1972 
willkck@gmail.com
www.GuruSg.com
williamkoh.st701property.com
www.myBedokResidences.com
www.ArcAtTampinesEC.com
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Mike Lim
Replied
Morning,

If I don't get your question wrongly, you already have enough CPF to pay for the unit, why would you require a loan?
The only cash component is required is COV, if you are buying HDB unit, legal and stamp fee, if you do not have enough CPF to cover.
But if you are taking an 80% loan, 5% must be cash, even though you have more than enough CPF.

FYI
Mike Lim
 96929209 
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