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Jason Sing
30 Nov 2018
School Of Hard Knocks And Life at School Of Hard Knocks And Life
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Randall Tan
23 May 2018
Coffee boy at Century Piano
Always try to take HDB loan first because BTO will take 3-5 years to build and you do not want to pay too much downpayment. (For that 3-5 years, lower downpayment means more money sitting inside your bank earning interests)
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When you are getting your keys, then you can decide if you want to switch to bank loan.
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Visit http://www.hdb.gov.sg/cs/Satellite?c=Page&cid=1... and do the survey for eligblity.
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This survey will let you know how much you can loan from HDB. (HLE letter)
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Take note that applying BTO when your partner is not working will give you extra grants benefits. (AHG/SHG)
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*If you are eligible for 'Staggered Downpayment Scheme' (SDS) and booked a flat under construction, the downpayment will be 5% at the time of signing Agreement for Lease and the balance 5% will be collected at the time of keys collection.
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Gabriel Tham
22 May 2018
Tag Team Member at Kenichi Tag Team
Not much info in the question so I also cannot give any figures. All I can say is that the loan amou...
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As a general rule, the lesser the combined income, the lower the loan amount. But the amount of grants will be higher.