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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

Your Guide to Buying a Home in Singapore: Easy Steps to Get Started

Are you dreaming of buying a home in Singapore? The first step is understanding the all-important down payment. We’ll break it down into simple terms and guide you through the process. What’s a Down Payment? When you’re buying a home in Singapore, the down payment is like your first financial commitment to the property. It

BUC Loans: Financing New Home Construction Projects

So, you’ve got your sights set on a brand-new condominium launch, and you have saved up enough for the downpayment to make the purchase. But, what’s next? In Singapore, BUC refers to private properties, often condominiums, before they receive their Temporary Occupation Permit (TOP). They can be either new launches or projects that are nearing

Should I Reprice Or Refinance My Home Loan?

Every owner’s top priority is to maximise interest savings and reduce monthly repayments. However, in the ever-changing interest rate environment, it may be a challenge to decide on whether to reprice or refinance. Let us bring you through each strategy, and hopefully you will be able to make an informed decision on which option better

Should You Use CPF To Pay Off Your Home Loan?

What is CPF & what can it be used for? If you don’t know yet, 20% of the gross income of all Singaporeans and PRs below 55 years old is directed into their CPF account. CPF acts as a social security net and offers a savings account for your mortgage repayments. You will have 3

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.