Pages

Friday, July 29, 2011

How much to pay for your property

In my talk on financial planning, I suggested that a person should buy a property representing not more than five years of the income and pay the monthly installments of up to 25% of the income (all to come out of CPF contributions) and the loan should be repaid within 25 years. This article explains how these benchmarks are calculated. 

0 comments:

Post a Comment