AskGuru Q&A Community

Hi Francisco,

With an outstanding mortgage loan, you can only loan up to 60% for the next property purchase. And for SC buying third residential property, you need to pay additional 3% stamp duty.

Taking into account the 40% downpayment and the stamp duties, assuming you have $600k cash available, probably you can only purchase a property max $1.3m.

With this pricing, it will be difficult to buy a FH landed. Unless you are able to stretch more, then you may be able to get a small FH landed between $1.4m to $1.5m.

Thanks.
Ander DTZ
 98628691  Read More

Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ 82798327  -

Why Should HDB Sellers engage me? Contact me @ 82798327 

Questions Like ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?

Blessed , Regards
Koh.Z.H
Cea Reg R057810C
Orangetee - L3009250K
AAG Team

***Recruitment Agt Welcome Read More