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Old 26-07-2018, 03:27 PM   #2900
Join Date: May 2018
Posts: 158
If no choice also have to take bank loan. In fact, some bank loan is lower. Mine was lower than 2.6% (current HDB loan interest rate) for sure, but I just don't feel comfortable taking loan anymore. Imagine, loan 285K for 30years. After servicing my loan for 5 years, I paid about 36K of interest. Too much for us to bear. Every month, CPF amount into my OA only every little. Pay this and that, figures getting lesser and lesser every year
Which is why i try not to take bank loan. My husband is 1st time buyer and he is the 1st applicant for this sbf. He applied for 1st timer grant while i dont apply for any grant. So basically he is the one who made an appeal to let him use HLE for balance 54k plus levy bcuz he is paying for this flat solely as im not working. If not approved then he hv to apply for bank loan lor.
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