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Revision as of 16:28, 12 September 2006

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They might take into account taking a loan from a Singapore bank or a overseas bank based mostly in the nation of the acquisition. For those in search of a mortgage from a Singapore bank, the new measures may even apply to you. For those taking the loan from a overseas financial institution, although the interest rates may be barely increased, you will most likely have rental income that can be utilized to offset the loan instalment, which could help mitigate trade fee fluctuations. The month-to-month payments of the overseas loan will still have to be consolidated as a part of the overall debt obligations in the debt servicing calculation, must you resolve to take a mortgage to purchase a property in Singapore in future. You'll spot condominiums in Singapore in Jalan Ampas and Lakeholmz, 82 Corporation Road. Sep, 2013