New Condo Purchase Breakdown
- Details
- Written by Property65 Team
- Category: Property Buying FAQ
- Hits: 1119
As Updated From July 2018
25% Minimum Down-payment
( Consists of Cash & CPF OA Usable)
+
*75% Highest Loan Applicable
( *Loan amount will be in consideration of Age of buyer & Income Assessment )
( *Maximum Loan Tenure Capped at 30 years OR Buyer's age of 65 Years Old )
+
Buyer's Stamp Duty Profile
( Check Our FAQ on Stamp Duty Payable )
Example: Price of $1,000,000
[$250,000]
25% Minimum Down-payment
( Consists of Cash & CPF OA Usable)
+
[$750,000]
*75% Highest Loan Applicable
Monthly Installment @ [$2,588]
( Monthly Salary's CPF can be Used to Service Loan )
( *Loan amount will be in consideration of Age of buyer & Income Assessment )
( *Maximum Loan Tenure Capped at 30 years OR Buyer's age of 65 Years Old )
+
Buyer's Stamp Duty Profile
( Check Our FAQ on Stamp Duty Payable Table )