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Home Buying

Asked by Anonymous 22 Apr 2014

if iam having 48000 sgd income per year means how much max amount of loan I will get for buy the house iam an ep holder

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YT Tan (陈永达) · Answer 1 · 2014-04-22T21:17:21+08:00

YT Tan (陈永达)

Replied 22 Apr 2014

Good evening, obtaining 80% bank loan is important but the ability to fork out initial outlay of 38% of purchase price is even more important. (20% downpayment, estimated 3% buyer stamp duty, 15% additional buyer stamp duty as a foreigner) may I know how much cash do you have on hand for this potential property purchase? Hope to hear from you soon. YT Tan ECG Property 9111 5171 Yt.lovelyhomes@gmail.com Read More

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