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Good afternoon Mr Tan,

bank will loan $159k for private property purchase and $79k for hdb purchase.

Hope my calculation helps!

As your loan is not substantial, I feel you will need to have sufficient CPF OA funds and cash on hand.

"Your Freehold Ally, Leasehold Tactician"

YT TAN 陈永达 | ACCA Graduate, RES
Associate Group Director
R043025D
Propnex Realty Pte Ltd
Blk 480 Lorong 6 Toa Payoh, #11-95 HDB Hub East Wing, Singapore 310480

(M): +65 9111 5171 
(E): yt.tan91115171@gmail.com
(W):www.yttan.com
(FB): www.facebook.com/yttanassetprogessor

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Hi Mr. Tan,

HDB flat is using MSR to calculate your bank loan amount which is $79k, property price that can buy is $99k. Max. loan tenure of 14 years.

Private property is using TDSR to calculate which is
$159k, property that can be purchase is $198k.
Estimated Cash/CPF needed is $39k, loan tenure of 14 years.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com Read More