Brief Introduction
Calculate the costs of a buying a home and assess your own resources before finally deciding on a appropriate home.Description
This course is a continuation from a previous course untitled Understanding The Costs Of Buying A Home.
We will be looking at how to calculate the costs of buying a home in Singapore. This includes:
- Options Fees
- LTV Limit & Downpayment
- Buyer's Stamp Duty
- Mortgage Stamp Duty
- Disbursement of Loan
After that, you will learn how to assess your own resources to know how much you can afford:
- Using your Sales Proceeds
- CPF Ordinary Account
- CPF Housing Withdrawal Limits
- Buying A Second Property
- Maximum CPF that can be used
Finally, we will see how to decide on a appropriate home that you can afford.
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