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Hi,

Just a Question to ask.

If buying a HDB using Bank Loan of 90%

My Val is 315k and my purchase price is 330k. What are the other fees involved beside the COV 15k?? Eg Convenyancing Fees etc....??? Thank You
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1 Answer

TC Tan
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Hi GiGi,

On top of what Lorraine has provided, pls also cater for:
- Stamp fee for Mortgage (use CPF O/A):
0.4% of Loan Granted subject to maximum $500
- Stamp fee for Transfer which is $4800 (use CPF O/A). If CPF O/A not enough, can use cash. Need not be cash upfront and reimbursed by cpf (this only applies to buying a pte property).
- Home Protection Insurance Premium

If I could further assist in providing a financial plan (for HDB buyer) and making sure the process of your bank loan is smooth, pls advise. I could help get a good banker and lawyer to assist.

Thanks.

TC Tan
Group Director
DWG
 98765130 
dennisweeagent@yahoo.com.sg
http://www.dennisweeagent.myweb.sg Read More
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