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World Infromation / Blog : No.10290 : Can I use CPF monies for condominium downpayment?
In Reply to: SG Singapore Home Property Questions and Answers posted by Property Agents on June 22, 2007 at 00:06:12:
*Assuming 80% Bank Loan. The 20% downpayment, 5% cash
15% cash/cpf, he first 5% of the purchase price must be in cash
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* The new MAS rules impose an absolute limit of 35 years on the tenure of all loans for residential property. This will apply to loans to both individual and non-individual borrowers, as well as refinancing loans1, from 6 October 2012.2
* In addition, MAS will lower the LTV ratio for new residential property loans to borrowers who are individuals, if:
the tenure exceeds 30 years or
the loan period extends beyond the retirement age of 65 years.
For these loans, the LTV limit will be:
40% for a borrower with one or more outstanding residential property loans3 and
60% for a borrower with no outstanding residential property loan.
11 MAS will also lower the LTV ratio for residential property loans to non-individual borrowers from 50% to 40%.
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从2012年10月6日起
*所有住宅贷款不得超过35年
30年或65岁以下=80%，以上不得超过60%
第二住宅贷款
30年或65岁以下=60%，以上不得超过40%
*所有非个人住宅贷款 LTV 不得超过40%
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