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Hi Mr Chua,

If you do not have outstanding bank loan on property, you are able to borrow up to 80% for the 900K condo.

For the remaining 20%, 5% must be from cash, and 15% can be from cash or CPF. The 3%-5400 stamp duty can be from either cash or CPF. In a nutshell, you will need

cash = 45K;
CPF = 135K + 21.6K(stamp duty) = 156.6K

Welcome to contact me if you need further assistance. Thanks.

Robert Peng 9800 1968 
Robertpeng001@gmail.com
CEA reg No.: R042525J
Huttons Relationship Group Read More

Mr Chua,

The cash component would be 20% and stamp duty of (3% -5400) in case you are not subjected to the ABSD.

May i request you to write to me on realproperty63@yahoo.com.sg

Regards,

RAdhika Prakash
DTZ - 93380071  Read More