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HDB Bank Loan Enquries

this should be the job of the agent, you should not even be asking here. fire the agent he is not doing his job
 
Hi there, my uncle approached me with this problem which I could not solve as Im no housing agent myself. Apparently, his agent was not really active in helping him. Wondering anyone could help.

The info is as follows:

Valuation price of flat is $300,000
COV: $28,000
Bank Loan him $240,000(80%)
CPF amount he has: $41,000
Housing grant eligible: $15,000
Stamp/Legal fees: $6200
Agent Fees: $3300

Based on the above, how much cash does he have to prepare? Thank you in advance :D

By the way, when he takes a bank loan, can he use his housing grant and available CPF monies to pay for the Stamp/legal fees if he have excess after deducting the 15% downpayment?




.


die die must buy ...


at S$300k plus S$28k = S$328k is cheap.


this is 3 mths at least ago price.


Paper profit already ...
 
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