random_username

thank you for the file - received, and thanks for the article too i'm not too keen on maxing out on loans based on current income (current income, can, afterall, stall or reduce) since i prefer to have plenty of buffer. thanks again for the precautionary note

thanks, therat and begpof regarding the factor 13.8 - i assume, therefore, that a lower number would be even more "safe". is the annual income in that denominator gross or disposable income? what would be an appropriate cash:loan ratio for property for a couple below 46 (where begpof's is 60:40). also, "safety" aside, what is the optimal ratio for efficient use of monies (is there such an optimal ratio, to begin with?). begpof, will pm you. thanks. also, i don't really understand the part you mentioned cpf 150k + 50k. i thought, per previous posts in this thread, the minimum sum combined must be 50:50 from each account.

^^ thanks, begpof for the cash-flow mechanics behind selling. sorry to flood this thread, just some more questions to ask about buying albeit not all to do with the original title: 1) so, hypothetically speaking, if my husband has $200k in cpf and i have $50k (all sums hypothetical too), and i wanted to use my cpf, i would have to top up till i reach at least $61,500 (assuming after 1july '10) there's no way my husband's cpf can "make up" for mine at all, right? so, if we still wanted to use cpf, an alternative would be to just use my husband's cpf without using mine? 2) what is now the minimum loan amount to be borrowed to qualify for interest rates packages? 500k? 3) what financial ratios should i be paying attention to make sure i am well buffered? eg. loan liabilities:income, savings:income, etc etc. i know can get banker or financial planner to calculate, but i figure i should also do my own calculations to make sure i have a better picture of my financial landscape. thanks! all and any input from every and any body most appreciated.

^^ thanks, therat

so, i'm confused. the minimum sums stated (those > 100k) are combined of joint applicants? if so, do the amounts in each person's account have to be 50:50 eg. husband 58,500 and wife 58,500 equally, or husband can be 100,000 and wife 17,000? ps: one more (unrelated) question: when selling a completed property, is the 4% for exercise of the option paid to the seller upon exercise or held by the seller's lawyers till completion (assuming that the exercise of the option is communicated to the seller's lawyers and exercise money also paid to lawyers). Thanks!