What's your comfort zone for buying a 400k HDB? ? - Seedly

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Asked by Sean Tan

Asked on 22 Oct 2018

What's your comfort zone for buying a 400k HDB? ?

As long as you can fork out the down payment and pay your monthly installment? Or when you CPF savings is at least half the value of your house before you consider buying?

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Good Day Every Day
Good Day Every Day
Level 6. Master
Answered on 22 Oct 2018

Comfort zone is as long as you have the ability to repay the down payment and monthly instalments even if you are not working at all.

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When your household income is 80k per year. I wouldn't stretch more than 5 times my income on a home for stay.

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