- 28 years old, single (not attached) 65-28=37 (max loan 30 years)
- professional, stable job, monthly income ~$8000
- owns a 2BR condo unit in D12 ($250k loan remaining) need to know monthly servicing.
>> monthly servicing is approx $600-700.. not a lot
- rental income $2800/ month (condo TOP-ed in early 2016 so haven't collected much rental as yet) need to know cash and loan from where CPF or salary
>> haven't touched CPF. using salary to pay monthly servicing
- no car
- parents both in their 60s and healthy, self sufficient financially Better to get insurance for them.
>> I believe my parents have done their own financial planning.. they are more savvy than me haha