In Singapore, about 80% of the population live in Housing Development Board (HDB) flats. New couples who are getting married soon will inevitably have to select and purchase a home which often ends up being a HDB flat in Singapore.
Buying A Home That You Can Afford In Singapore
This course aims to help you budget for your first HDB home using one-time and recurring costs. You will use online calculations that narrow down a possible price range of your property based on your own financial status and CPF Housing Grants. Learn to manage your home loan repayment to reduce interest charges.
This course will elaborate on the six steps that you can take to budget for your first HDB flat:
- Determine what’s left over each month
- Estimate future housing expenses
- Obtain estimate of loan quantum
- Find out your eligibility for CPF housing grants
- Work out a savings plan
At the end of this course you will be able to have a better financial plan to purchase your first HDB home.