how much do ppl need to earn to get a condo of 400-600k ?

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x3 Candy
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how much do ppl need to earn to get a condo of 400-600k ?

Post by x3 Candy » Wed, 30 Jul 2008 11:13 pm

.....
Last edited by x3 Candy on Thu, 31 Jul 2008 5:30 pm, edited 3 times in total.

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RULDS
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Post by RULDS » Thu, 31 Jul 2008 9:29 am

Not really sure if you are a 14 yr old girl or not....

but in answer to your question. The typical mortgage payment should be about 30% of your households monthly income. This is how much you can afford without stretching your budget. On a 400K place your mortgage would be around 3,500 a month so the household income would need to be about 9K a month. It can definatley be done with less but it all depends on if you are one of those who finances everything and has other debt like cars, boats, vacation house, education loans...

Now, these are just figures from my experience in the states. I assume it would be in the ball park for Singapore. There are too many variables to give a set amount.
Last edited by RULDS on Thu, 31 Jul 2008 10:54 am, edited 2 times in total.

andy21
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Post by andy21 » Thu, 31 Jul 2008 10:46 am

One awaits with bated breath the next installment of this post from x3 Candy.

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Post by x3 Candy » Thu, 31 Jul 2008 2:30 pm

RULDS wrote:Not really sure if you are a 14 yr old girl or not....

but in answer to your question. The typical mortgage payment should be about 30% of your households monthly income. This is how much you can afford without stretching your budget. On a 400K place your mortgage would be around 3,500 a month so the household income would need to be about 9K a month. It can definatley be done with less but it all depends on if you are one of those who finances everything and has other debt like cars, boats, vacation house, education loans...

Now, these are just figures from my experience in the states. I assume it would be in the ball park for Singapore. There are too many variables to give a set amount.
erm yup i am . omg 400k condo need 3.5k per mth jus for the condo ?
i had friends parents who earned 5k a mth . and they are stil able to cope with their condo. i think their condo around 500k

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Post by x3 Candy » Thu, 31 Jul 2008 2:30 pm

andy21 wrote:One awaits with bated breath the next installment of this post from x3 Candy.
wad u mean ?
lols. anyway where u all from ?
sg?

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RULDS
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Post by RULDS » Thu, 31 Jul 2008 2:41 pm

...please don't be an agent trying to sell a condo.

SMS....I think I smell one.

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Post by x3 Candy » Thu, 31 Jul 2008 2:42 pm

RULDS wrote:...please don't be an agent trying to sell a condo.

SMS....I think I smell one.
me ? i am not an agent. i jus wan to check out the salary needed.

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Saint
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Post by Saint » Thu, 31 Jul 2008 3:18 pm

Poor you, what hardship it must be for you having to live in a 5 room HDB :roll:

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Post by x3 Candy » Thu, 31 Jul 2008 3:23 pm

Saint wrote:Poor you, what hardship it must be for you having to live in a 5 room HDB :roll:
lols u age wad ? -_-
yeah tts y..
5 room flats so common in sg.

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Post by Saint » Thu, 31 Jul 2008 3:27 pm

x3 Candy wrote:
Saint wrote:Poor you, what hardship it must be for you having to live in a 5 room HDB :roll:
lols u age wad ? -_-
yeah tts y..
5 room flats so common in sg.
And in English?

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Post by x3 Candy » Thu, 31 Jul 2008 3:29 pm

Saint wrote:
x3 Candy wrote:
Saint wrote:Poor you, what hardship it must be for you having to live in a 5 room HDB :roll:
lols u age wad ? -_-
yeah tts y..
5 room flats so common in sg.
And in English?
You Age What ?
Yeah thats why i hate to live in HDB
5-room flats are so common in singapore.
where you from ?

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Saint
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Post by Saint » Thu, 31 Jul 2008 3:35 pm

x3 Candy wrote:
Saint wrote:
x3 Candy wrote: lols u age wad ? -_-
yeah tts y..
5 room flats so common in sg.
And in English?
You Age What ?
Yeah thats why i hate to live in HDB
5-room flats are so common in singapore.
where you from ?
That was sarcasm :roll: now run along and do your homework

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Post by x3 Candy » Thu, 31 Jul 2008 3:36 pm

Saint wrote:
x3 Candy wrote:
Saint wrote: And in English?
You Age What ?
Yeah thats why i hate to live in HDB
5-room flats are so common in singapore.
where you from ?
That was sarcasm :roll: now run along and do your homework
...
did i say something wrong .
=="
you haven answered my question .
why you refered me as an agent ._.

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sundaymorningstaple
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Post by sundaymorningstaple » Thu, 31 Jul 2008 4:28 pm

I'm staying outta this one! I'm already being beaten to a pulp by an pseudo-european royal who doesn't like the royal we being used by other than herself.

This one is too lame to be anything but real....... :wink:
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

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Saint
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Post by Saint » Thu, 31 Jul 2008 4:54 pm

Can we set up a Creche section SMS? :lol:

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