Just quality for my single's apt.
i am unsure if I should be looking at a 3 room (S$160k+) or 4 room ($210k+) .
If asking about $$, based on 30 yrs loan tenture, both are within my reach. The latter would be a slight strech.
Greedy side of me is to get a 4 room lah. May be i can rent out a room or 2 to supplement my loan (but it is not part of my financing plan).
On the other side, I wanted to finish off the loan ASAP. Dun like owning something for so long, like a never ending tai-ee-long repaying.
The delima are :
a. 3 or 4 room ?
b. wat would be a reasonable location that are not at a premium (ie valuation + cash top up) ?
- currently staying in Queenstown area with my parents
c. Would be sensible NOT to take the S$11k grant ? This was recommended by one agent and it puzzels me.
d. Would it be sensible to take the max loan and top up with spare cash along the way to shorten the loan (and interest payable) period
any comments to this thinking and search process would be helpful.