Asked by Russell Yeo
HI Gurus, I would like to invest in a private apartment or condo. I would like to know what is the price window of a property I can look into with my current salary package. My salary before CPF is 5k and I have 40k cash to spare. How much can i loan for 90% or 80% loan? WHat is the monthly installment? How much more cpf do i need for 80% and 90% loan? After purchased, could i use my monthly cpf contribution for monthly installment for the repayment? I'm looking at any unit with 2 bedroom.
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