Beyond the Downpayment: Planning for the Hidden Costs of Home Buying
It’s easy to spend all your energy saving for a downpayment, but the costs of buying a home don’t end there. In this article, we shine a light on the “hidden” costs of purchasing a property in Singapore – from stamp duties and legal fees to renovations and maintenance. By planning for these expenses upfront, you’ll ensure your home purchase remains financially comfortable and free of unwelcome surprises.
Sarah Chen
Saving for Your Downpayment: Using CPF and Cash to Buy a Home
The downpayment is often the biggest hurdle for homebuyers in Singapore. This article explains how much you need for a downpayment and smart ways to save for it. We’ll cover the roles of cash vs. CPF savings, strategies to build your downpayment fund faster, and tips on tapping CPF housing grants – all to help you clear the downpayment hurdle and get the keys to your new home.
Sarah Chen
How Much Home Can You Afford in Singapore? Calculating Your Home-Buying Budget
One of the first questions every hopeful homeowner should ask is: “How much home can I afford?” This article will guide you through calculating a realistic home-buying budget in Singapore. We’ll cover income and debt considerations, key lending rules like TDSR/MSR, and how to factor in your savings and CPF – so you can shop for a home with confidence that it fits your finances.
Sarah Chen