Asked by Henry
What is the min. Amount of downpayment we need to pay to buy apt or condo?
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2 Answers
Hi Henry,
If you do not have any outstanding housing loan, the downpayment will be 20%. 5% cash and 15% CPF.
But if you have outstanding loan, it will be 40% downpayment. 10& cash 30% CPF.
If you need assistance in your apartment/ condo purchase, feel free to contact me.
Hope to hear from you soon!
Warmest Regards,
YT Tan
ECG Property
M: (+65) 9111 5171
E: yt.lovelyhomes@gmail.com Read More
If you do not have any outstanding housing loan, the downpayment will be 20%. 5% cash and 15% CPF.
But if you have outstanding loan, it will be 40% downpayment. 10& cash 30% CPF.
If you need assistance in your apartment/ condo purchase, feel free to contact me.
Hope to hear from you soon!
Warmest Regards,
YT Tan
ECG Property
M: (+65) 9111 5171
E: yt.lovelyhomes@gmail.com Read More
Maybe you would like to post indicating what kind of condo you are buying and what's your budget range like then I will be able to do a rough financial calculation for you. Thanks.
Eric Teo (R009622B): 9436 6510 Read More
Eric Teo (R009622B): 9436 6510 Read More