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With combine of $100k in our ordinary account, what consideration should I make to decide on the amount of down payment to pay for a house other than to meet the 10percent e.g. Property Price at $450k?
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YT Tan (陈永达)
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Good evening! You have to take into consideration on usage of CPF funds for buyer's stamp duty, HDB legal fees etc. Normally these fees will take about 2 to 3% of the purchase price. 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 Read More
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