Hi,
The progressive payment schedule is dependent on the construction milestone progress, and not how the buyer funds the purchase. Hence its the same if you are only taking 50% loan. The difference being, you be using your cash/CPF for the 1st few phases of construction milestones, instead of bank dispersing the funds from the mortgage loan for you.
The financial plan and timeline is important in determining whether its feasible to secure the purchase. May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.
Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
Proactive. Sincerity. Feedback.
SMU BBM (Finance), Magna Cum Laude
Email: Ivanng10@gmail.com
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(+65) 97432395
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