silvestz

Hi, I have been reading in this forum for I am looking to get a bank loan for my flat purchase. Looking at fellow forumers providing the calculation, I have tried to do my own as below. Appreciate some advice on the below. Thanks. Valuation Price - 280000 Cash Over Valuation - 20000 Purchase Price - 300000 *HDB Grant - 20000 (where do I deduct this 20000 from?) Taking 80% Mortage Loan, 80% of Valuation - 224000 5% on Valuation (Cash) - 14000 15% on Valuation (CPF) - 42000 Stamp Duty (CPF) - 3800 Legal Fees (CPF) - 2500 Agent Fees @ 1% with GST (Cash) - 3210 Total Cash Required 37210 Total CPF Required 48300 Cheers, SiL