How to Easily Calculate Your Mortgage Payments
Mortgage loans are a valuable way to own a home without monthly payments. Choosing one depends on several factors.
Implication of debt in your property investment journey
I personally do not like to take loans. Even when buying a car, I bought one that I could afford with cash on hand. At times, taking a loan can have its merits. For example, using a credit card with 0% interest instalment plan. When
New Housing Grant: A Blessing in Disguise
The Government has announced more grants for new homes buyers. The responses were mixed, like many policies that were implemented. New homebuyers were, of course, delighted. Many, like myself, were a bit annoyed, mainly because of jealousy. However, after thinking about it, it can be
Why do we want to use a 15-year or less mortgage?
If you are new to the property lingo, mortgage refers to a loan for buying a house. Homebuyers usually take a mortgage when they do not have the means yet to buy upfront with cash. And even if they do, they feel that buying the
What is MSR and TDSR?
MSR (Mortgage Servicing Ratio) and TDSR (Total Debt Servicing Ratio) are one of the few important terms used by property buyers and investors. Home buyers who are using a loan or mortgage will need to know this. If you are planning to invest in property,
Why HDB owners are happier than private estate owners
Swimming pools, gyms, state-of-the-art facilities, freehold and all the glamour that comes with it - seems worth the price tag. So why are most HDB owners happier than private estate owners? Below are 5 reasons why we think HDB owners sleep better at night: 1.
5 basic checks before buying a home
Home is a place of sanctuary where you know your family will be safe. Holding on to a huge mortgage loan will destroy the very place you and your spouse have tried so hard to build. I believe the best way to buy a home
