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Hello

I will suggest u get an approved in principal bank loan to see how much u can loan and work backwards.

The loan size is also dependent on ur age .
Check the amt of loan u can get before u jump into searching for ur flat.
You can whats apps me at 9.7.5.0.8.3.1.8
if u have further question and bankers contact.

Silvia Chua
ERA Realty Network Pte Ltd Read More

Hi,

1) Yes, your hubby's CPF fund can be utilize for the downpayment, and using your salary to service the monthly mortgage.
2) The only problem you might be encounter would be with only your current sole salary, yuo could only able to loan from the bank of around $250k.
3) The above estimation is assuming you are 40 yrs and below and able to loan for 25 years.
4) Since as a PR family, you could only loan from a bank. This implied that you will have to fork out 5% downpayment in cash, the other 20% in cash and/or CPF.
5) You will have to prepare another 5% ABSD on top of the ~3% buyer stamp duty.
6) The first thing after your PR status meet the 3 years requirement is to apply for an HFE to understand the financial commitment you have to face by buying an HDB flat.

All The Best!!!

Hope the above answers 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
https://www.linkedin.com/in/ckling/
https://agents.huttonsgroup.com/R056727F/

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