Have you heard before that buy house in Singapore is “An Escalator To Wealth“?
Buying a home may be the biggest purchase you ever make, and you want to be sure the one you choose is one you can afford.
As for monthly payments, a good rule of thumb is that most people can afford to spend 29% of their gross income on housing expenses — as much as 41% if they have no debt.
You’ll want to take into account more than just the sticker price. Home-ownership costs include mortgage interest, taxes, insurance, maintenance, and any renovations you might want to make.
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