Originally Posted by noblebaby
For me, my current loan is less than 500K. Will be topping up with another 300K from CPF to try to make the loan to be below 200K. That works out to be slightly above 1K on a 20 years loan tenure. Not too much and will be pretty relax.
But I got another condo not yet TOP. Potential loan is also around 500K. With no CPF topup to bring down the loan, the mthly works out to be above 2.5K. Hope I can use my rental to cover the loan as the TOP of this condo will be end of 2010. With the two IRs on line, hope the rental market will be good by then...