LEARNING OUTCOMES:

• Apply the sale proceeds calculation formula, identify and compute all relevant deductibles and perform accurate sale proceeds calculations using calculation templates for HDB resale flats financed with HDB Loan
• Perform sale proceeds calculations for HDB resale flats financed with bank loans using calculation templates. Identify scenarios resulting in negative sale, evaluate its causes, compute the shortfall and CPF refund obligations accordingly, and manage client's expectation
• Analyse key financial and personal information from HDB resale flat buyers, assess their eligibility to purchase and apply HDB loan policies to perform loan calculations
• Evaluate relevant financial and personal information from clients, assess their eligibility to purchase an HDB resale flat with a Bank Loan, and apply bank loan criteria to determine the maximum loan amount, minimum cash and CPF downpayment, and monthly instalment
• Evaluate a resale HDB flat buyer's profile to determine the maximum allowable loan tenure under current bank loan regulations, calculate the corresponding loan quantum, required downpayment and monthly instalment when applying a stretched loan tenure
• Analyse joint buyers' profile and income to assess their ability to purchase an HDB resale flat using either an HDB loan or a bank loan by performing a step-by-step financial analysis