Complete First-Timers’ Guide To Buying A New Executive Condominium (EC) In Singapore
Source: https://dollarsandsense.sg/complete-first-timers-guide-to-buying-a-new-executive-condominium-ec-in-singapore/
As EC loan is under the Mortgage Servicing Ratio, which states that your monthly mortgage repayment cannot exceed 30% of your combined monthly household income.
Always secure your loan and work out the downpayment sums required for the purchase.
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