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Utilizing Mortgage Loan Calculators for Real Estate Planning

When it comes to real estate planning and property investments, having access to accurate financial information is crucial. This is where mortgage loan calculators come into play. These handy online tools provide invaluable assistance in estimating mortgage payments, understanding affordability, and planning for future expenses. In this article, we will explore the benefits of utilizing

Freehold vs Leasehold – What’s the difference?

You might be familiar with the terms freehold and leasehold. But do you know what these terms actually entail? In this article, we’ll break these down for you. What are the types of home ownership in Singapore? There are two different types of home ownership – freehold and leasehold. Owners of freehold property have full

Budget 2023: All You Need To Know To Maximize Your HDB Housing Grants

Budget 2023 has announced a series of higher housing grants to better support you and your family in purchasing your first home. This article summarizes all the available grants that you can consider when purchasing a HDB resale flat. Higher Housing Grants for First-Timers Families purchasing resale flats 1.CPF Housing Grant (Families) For first-timer families

Conservation Shophouses in Singapore: All You Need to Know

Beyond conservation shophouses as part of our landscape, they are financial assets too. If you are keen to own one, read on to find out more. Along the picturesque streets of Chinatown, conservation shophouses have always been a highlight of Singapore’s streetscape especially in conserved areas. Beyond seeing it as part of our landscape, shophouses

Understanding The Basics of Financing Your Home Loan

Thinking of purchasing your first home? Purchasing a property is a significant financial decision. It is important to plan your finances and budget before commencing your property search. Understanding the foundations of getting a mortgage can help you move through the process of financing your home loan with confidence, making decisions that are well-informed and

Mortgage Insurance: Understanding the Different Types and Coverage

Overview of Mortgage Insurance and Its Purpose When you think of insurance, the first type of insurance that crosses your mind is probably: health insurance. Or even life insurance, accident insurance, car insurance, travel insurance or house insurance. Mortgage insurance, to many, is a foreign term. However, it is an important type of insurance too.

Everything you need to know about buying an uncompleted property in Singapore

Unsure about the legal processes behind buying an uncompleted property? Buying a new property is no small liability, and it may seem like a confusing task, but don’t worry! Let us guide you through the steps and everything important you have to know when buying an uncompleted property. Let’s start off with the processes you

Navigating the Mortgage Application Process

After looking around, you have finally found your dream house, but you are unsure if you are able to afford it. Hence, you start thinking about the mortgage application process on how to finance your house. Where do you start? It may be confusing if you are a first timer but fret not, we have

How is TDSR calculated in Singapore?

Singapore’s property market is highly regulated, and borrowers must adhere to strict financial requirements in order to maintain responsible borrowing practices. One essential aspect of assessing affordability in the HDB or Private property market is the Total Debt Servicing Ratio (TDSR). The TDSR serves as a crucial framework implemented by the Monetary Authority of Singapore

Exploring Different Home Loan Options in Singapore

Congratulations, you have decided to buy a house! Now, you may be wondering what the various home loan options are to finance your purchase. Firstly, let’s delve into a comparison of the different types of home loan options in Singapore: fixed rate mortgage and floating rate packages. Fixed rate packages refer to home loans with