Good evening Taufiq,
Not to worry. Let me help you with this.
First sort our your loan. Apply for HLE (90% HDB loan) or IPA (80% bank loan) to find out how much can you obtain with your spouse.
Amount of cash outlay will depend on which type of loan do you take and how much CPF OA funds you have:
1) 80% bank loan. 5% cash downpayment and 15% CPF or cash downpayment
2) 90% HDB loan. 10% downpayment can be fully paid by CPF OA funds.
Other expenses will be:
1) valuation fee $200
2) resale application fee $80
3) legal fees
4) pro rated property tax
5) 1% of purchase price plus 7% GST as agent commission.
Hope my explanation helps!
May I know how can I value add further in your property purchase?
Like my FB page: www.facebook.com/yt.tan91115171
Just to share!
Only a one time sign up, you will be able to receive a free SMS update on the value of your home and neighborhood from me on a monthly basis.
Click this now: http://goo.gl/Gg5pe3!
Join me on board towards a hassle free update on valuation now!
Warmest Regards,
YT TAN 陈永达 | ACCA Graduate, RES
Senior Associate Marketing Director
R043025D
Propnex Realty Pte Ltd
Estate Agent no. L3008022J
Blk 480 Lorong 6 Toa Payoh, #10-01/11-01 HDB Hub East Wing, Singapore 310480
(M):
+65 9111 5171
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
Powerful Negotiators
No.1 team in Propnex
Read More
