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Astor Green Home Financing

Asked by siti zuraidah 2 Nov 2010

Hi agents.

Sorry for asking too many questions. I need help because after speaking to a few good friends, they mention that taking a bank loan is better now due to the rate. I would like to ask how does it work for taking loan from bank? What's the procedure and how to calculate, how much loan do I need? For example, currently my house can be sold at about $450K. They house that I am keen is $666000. My CPF cash refund is $105k. Can you help me to calculate?

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3 Answers

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Sani Faisal · Answer 1 · 2010-11-02T11:35:28+08:00

Sani Faisal

Replied 2 Nov 2010

Hi Zuraidah,..pls give me a call..at 90680464 .
il explain to you on the phone. :)
Sani Faisal
Propnex Read More

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Ander Ang · Answer 2 · 2010-11-02T11:57:38+08:00

Ander Ang

Replied 2 Nov 2010

Hi Siti,

Based on your numbers,

$450k - $105k = $345k.

Assuming your loan is already fully paid, you can get back $345k.

It is true bank interest rates are now lower than HDB concessionay rate. It really depends on which one you are comfortable with.

I can connect you to a few bankers whom i closely work with. They are able to explain to you the bank mortgage loan in details.

Appreciate you can call me at 96836230 .

Thanks,
Ander ERA Read More