Singapore Expats

.....

Not really sure if you are a 14 yr old girl or not....

but in answer to your question. The typical mortgage payment should be about 30% of your households monthly income. This is how much you can afford without stretching your budget. On a 400K place your mortgage would be around 3,500 a month so the household income would need to be about 9K a month. It can definatley be done with less but it all depends on if you are one of those who finances everything and has other debt like cars, boats, vacation house, education loans...

Now, these are just figures from my experience in the states. I assume it would be in the ball park for Singapore. There are too many variables to give a set amount.

One awaits with bated breath the next installment of this post from x3 Candy.

RULDS wrote:Not really sure if you are a 14 yr old girl or not....

but in answer to your question. The typical mortgage payment should be about 30% of your households monthly income. This is how much you can afford without stretching your budget. On a 400K place your mortgage would be around 3,500 a month so the household income would need to be about 9K a month. It can definatley be done with less but it all depends on if you are one of those who finances everything and has other debt like cars, boats, vacation house, education loans...

Now, these are just figures from my experience in the states. I assume it would be in the ball park for Singapore. There are too many variables to give a set amount.

erm yup i am . omg 400k condo need 3.5k per mth jus for the condo ?
i had friends parents who earned 5k a mth . and they are stil able to cope with their condo. i think their condo around 500k

andy21 wrote:One awaits with bated breath the next installment of this post from x3 Candy.

wad u mean ?
lols. anyway where u all from ?
sg?

...please don't be an agent trying to sell a condo.

SMS....I think I smell one.

RULDS wrote:...please don't be an agent trying to sell a condo.

SMS....I think I smell one.

me ? i am not an agent. i jus wan to check out the salary needed.

Poor you, what hardship it must be for you having to live in a 5 room HDB

Saint wrote:Poor you, what hardship it must be for you having to live in a 5 room HDB

lols u age wad ? -_-
yeah tts y..
5 room flats so common in sg.

x3 Candy wrote:

Saint wrote:Poor you, what hardship it must be for you having to live in a 5 room HDB

lols u age wad ? -_-
yeah tts y..
5 room flats so common in sg.

And in English?

Saint wrote:

x3 Candy wrote:

Saint wrote:Poor you, what hardship it must be for you having to live in a 5 room HDB

lols u age wad ? -_-
yeah tts y..
5 room flats so common in sg.

And in English?

You Age What ?
Yeah thats why i hate to live in HDB
5-room flats are so common in singapore.
where you from ?

x3 Candy wrote:

Saint wrote:

x3 Candy wrote: lols u age wad ? -_-
yeah tts y..
5 room flats so common in sg.

And in English?

You Age What ?
Yeah thats why i hate to live in HDB
5-room flats are so common in singapore.
where you from ?

That was sarcasm now run along and do your homework

Saint wrote:

x3 Candy wrote:

Saint wrote: And in English?

You Age What ?
Yeah thats why i hate to live in HDB
5-room flats are so common in singapore.
where you from ?

That was sarcasm now run along and do your homework

...
did i say something wrong .
=="
you haven answered my question .
why you refered me as an agent ._.

I'm staying outta this one! I'm already being beaten to a pulp by an pseudo-european royal who doesn't like the royal we being used by other than herself.

This one is too lame to be anything but real.......

Can we set up a Creche section SMS?