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My husband has a salary of $15 000 a month and I am not working. We are planning to buy a house but not sure what is the home loan we can get from bank for his income and what should be the recommended budget for a house based on my husband's salary? Would appreciate if someone can advise. I am interested in EC, are we qualified to get that? Thanks.
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5 Answers

Hi,

I would advise that you first

- get AIP from banker
- determine what price range would you be comfortable with
- determine area of interest
- contact an agent

Cheers
Ken Tan
 96461490 
kentanpropertyguru@gmail.com Read More
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Evening Mrs Yong,

To get an accurate figure as to how much loan both of you can get, it would be good to get a bankerto work on the details. As to what is your current affordable budget, it would depend on your current liabilities at hand and how much CPF OA and cash you have at hand.

Since your husband's income have exceed the income ceiling stated by HDB, you are only eligible for bank loan for resale EC. We can sit down to work on the details to derive the possible match for your upcoming purchase.

Do feel free to contact me if you have further enquires.

Regards
Mike Lim
 96929209 
ERA Read More
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Hello Mrs Yong, you can consider getting a pte property. How many rooms type are you looking at?
You may wish to give me a ring or text me for more discussion so I could assist you further.
Tricia Tan
Text/watsapp 92700867 
Email: trish.tt27@gmail.com Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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