Choose between a fixed and floating rate home loan when you’re taking out a bank property mortgage in Singapore. Not sure how to? Here’s your complete guide on understanding them.
The Mortgage Servicing Ratio (MSR) in Singapore caps the amount that may be spent on mortgage repayments to 30% of a borrower’s gross monthly income. It applies to HDB flats and executive condominiums (ECs) bought from developers.
Even with a loan, the amount of money you can borrow depends on many factors – your salary, the Loan-to-Value ratio, the Mortgage Servicing Ratio, and more. To a first-time homebuyer, it can be complicated to work out what you can afford to buy.
If you’re new to the whole business of housing loans, some of the terms may confuse you. This glossary on common housing loan terms is here to help you out.
Planning to run a home office in Singapore from the comfort of your HDB flat? Learn all about how you can do it here.
If you’re selling your HDB flat, you’ll need to submit something called a HDB resale application.
Here’s a checklist of what you need to know before renting an apartment.
Can an average working single single-handedly afford such a huge investment?
So, you’ve finally compiled that list of agents to interview. What now? We’ve got a few ideas.
While citizens may have sufficient savings to see them through retirement years with the CPF schemes, we can’t help but wonder how our living situation will be like in old age. This is especially true for elderly couples who are asset-rich but cash-poor.