Hi Aurora,
1) 35 + 53 = 88. This means this flat is unable to last the youngest till 95 years old but only 88 years old.
2) The calculation above means your utilization of CPF will be limited accordingly. You can use the below link to calculate how much you can withdraw from the CPF OA:
https://www.cpf.gov.sg/eSvc/Web/Schemes/CpfHousingUsage/Input1
3) This has nothing to do with how much a loan you can receive. The MSR assessment is used to tabulate how much you can loan from the HDB or from private banks.
4) Just submit your HLE application and see how much you can loan from the HDB before dashing out to search for your flat. The HLE application is as below:
https://services2.hdb.gov.sg/webapp/BP27AWHLEApplication/BP27SHome
Hope the above answer to your main concerns, but if there are more query, 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://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer
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