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With a combined monthly income of ~$7k (CPF OA 35k, first time buyers, no outstanding loans), given the current market, what are my options if i want to stay near MRT (max 30-35mins) away from town. Email me at jason@codeit.sg
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1 Answer

Mike Lim
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Evening Jason,

Based on the figures that you have provided, you should be able to obtain loan of around $400k, which will means you are able to purchase a unit of around $425k to $450k. However, this is subjected to loan assessment by the respective financial institute, your current age and how many years of loan you are looking into.

Do feel free to contact me if you require my assistance.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
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