Asked by Anonymous
when upgrading from HDB to private property, how much loan can I get?
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1 Answer
Good morning! The loan amount you are able to obtain will be based on your age, income, debt obligations etc. If you dont have any outstanding housing loan, you will be able to obtain 80% loan with the loan tenure of max 30 years or nox exceeding retirement age of 65 years old. If not, it will be 60%. You have to observe 60% TDSR for your loan as well. 60% debt obligations (credit cards, car loan etc). Hope it helps! Cheers! Warmest Regards YT TAN 陈永达 | ACCA Graduate, RES Senior District Manager R043025D ECG Property Pte Ltd (A Wholly Owned Subsidiary of ECG Group of Companies) Estate Agent no. L3009759F Blk 190 Lorong 6 Toa Payoh #05-508 S (310190) (M): +65 9111 5171
(E): yt.lovelyhomes@gmail.com (W): www.yttan.com (W): yttan.stproperty.com.sg/ (W) www.lovelyhomes.com.sg (W) www.ecgproperty.com
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