Asked by Johnson Yap
I am living with my parents in a 4-room hdb flat. We are looking at buying a condo in the east area.
We are looking at condo priced circa 760k, and selling our 4-room flat at 320k.
I need to know how the whole process goes. If we use 320k after we sold the flat, add my cpf 100k, add cash 80k, will that mean we only need to loan 260k?
For 260k if loan over 25 yrs. What is the interest rate? How much will be the monthly repayment?
We are looking at condo priced circa 760k, and selling our 4-room flat at 320k.
I need to know how the whole process goes. If we use 320k after we sold the flat, add my cpf 100k, add cash 80k, will that mean we only need to loan 260k?
For 260k if loan over 25 yrs. What is the interest rate? How much will be the monthly repayment?
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