Upgrade Financial Clarity Report
A structured upgrade planning report comparing resale private condo, private new launch, and EC new launch from a funding, cash-flow, timeline, eligibility, and family-comfort perspective.
Prepared by Connie Tan | CEA Reg. R059037E | HP 9272 5986 ERA Realty Network P/L | Estate Agent Licence No. L3002382K CAA May 2026
Working Assumptions
A. Report Display & Section Controls
Report Identity
B. Buyer & Purchase Profile
Purchase / ABSD Treatment
C. Existing Property Sale Plan
D. Income & Loan Inputs
E. CPF & Purchase Inputs
CPF
Purchase Prices / Buffers
F. Stamp Duties / Tax Checks
SSD Inputs
G. Additional Funding Sources
H. Copy / Comment Inputs
I. Action Plan Inputs
J. Route Scorecard Controls
Adjust each scorecard cell’s wording and colour meaning here. Good = green, Neutral = yellow, Caution = red.
Executive Snapshot
Working assumption before final market review.
CPF returned from existing HDB sale.
CPF already available before sale refund.
Existing CPF OA + CPF refund from sale.
Before rental, renovation, moving and emergency buffer.
Total CPF after sale + estimated net cash proceeds.
Advisory Interpretation
Advisory Interpretation
3-Route Summary Cards
Resale Private Condo
Loan: $0
Loan percentage used: 0%
LTV: 75%, 5% min cash
Best for: faster move-in and clearer physical inspection.
Private New Launch
Loan: $0
Loan percentage used: 0%
LTV: 75%, 5% min cash
Best for: staged payment and longer planning runway.
EC New Launch
Loan: $0
Loan percentage used: 0%
LTV: 75%, 5% min cash
EC bridging loan: Est. $0
Best for: lower entry price, subject to eligibility and MSR.
A. What Needs To Be Ready Early
5%: $0 (Cash)
Legal: $0 (Cash First)
BSD: $0 (Cash First)
Remaining Payment: $0
Legal fee and BSD paid in cash first may be reimbursed from CPF upon completion, subject to CPF usage, CPF rules and process.
Booking 5%: $0 (Cash)
Legal: $0 (CPF)
BSD: $0 (CPF)
15% Downpayment:
• Option 1:
• Option 2, COH Extension:
• Option 3, Request for EOT:
Booking 5%: $0 (Cash)
Legal: $0 (CPF)
BSD: $0 (CPF)
15% Downpayment: $0 (Cash)
CPF may be usable for part of the 15% downpayment subject to earmarking, CPF availability, timing and CPF rules, but this report treats it conservatively, using cash for early planning.
Detailed Timeline & Existing Property Sale Timing
View Detailed Timeline
| Timing | Resale Private | Private New Launch | EC New Launch |
|---|---|---|---|
| Projected Price | $0 | $0 | $0 |
| Week 1 | 5% booking fee: $0 (Cash) |
5% booking fee: $0 (Cash) |
|
| Week 2 | |||
| Week 3 | — | Sign S&P. Legal: $0 (CPF) Prepare BSD. |
Sign S&P. Legal: $0 (CPF) Prepare BSD. |
| Week 4 | Pay BSD: $0 (Cash First) |
— |
— |
| Week 5 | — | Pay BSD: $0 (CPF) |
Pay BSD: $0 (CPF) |
| Week 8 | — | 15% downpayment: $0 |
15% downpayment: $0 (Cash) Conservatively planned as cash. |
| Week 12 | Collect Keys Remaining Payment: $0 |
— | — |
| Week 13 / Until TOP | Monthly mortgage starts. | Progressive payment starts when foundation stage is called. Remaining Downpayment $0 (CPF) |
NPS: Progressive payment starts when foundation stage is called. Remaining Downpayment $0 (CPF) and $0 (Cash) DPS: No payment until TOP |
| TOP | — | Collect Keys | Collect Keys NPS: - DPS: Remaining Downpayment $0 (CPF) and $0 (Cash) |
| Remarks | Reno: $0, subject to condition. |
Rental while waiting for TOP: $0. | Rental while waiting for TOP: $0. EC resale levy needs to be ready upon sale of existing HDB. |
Purchase Funding After Sale Proceeds
Layer 1: Purchase Funding After Sale Proceeds
| Scenario | Resale Private | Private New Launch | EC New Launch |
|---|---|---|---|
| Purchase Price | $0 | $0 | $0 |
| Loan Used | ($0) | ($0) | ($0) |
| CPF Used | ($0) | ($0) | ($0) |
| Mandatory Cash Portion (LTV Rule) | $0 | $0 | $0 |
| Additional Purchase Funding Needed | $0 | $0 | $0 |
| BSD | $0 | $0 | $0 |
| ABSD | $0 | $0 | $0 |
| Legal Fees | $0 | $0 | $0 |
| Seller's Stamp Duty (SSD) | $0 | $0 | $0 |
| EC Resale Levy | — | — | $0 |
| Total Transaction Costs | $0 | $0 | $0 |
| Less Net Sale Cash Proceeds | ($0) | ($0) | ($0) |
| Less Additional Funding Sources | ($0) | ($0) | ($0) |
| Total Additional Cash Required | $0 | $0 | $0 |
Layer 2: Lifestyle / Transition Buffer
| Buffer Item | Resale Private | Private New Launch | EC New Launch |
|---|---|---|---|
| Rental | Usually lower if move-in timing is managed. | $0 estimated | $0 estimated |
| Reno | $0 estimated | Set aside closer to TOP. | Set aside closer to TOP. |
| Moving / Misc | $0 estimated | $0 estimated | $0 estimated |
| Emergency Buffer | $0 suggested | $0 suggested | $0 suggested |
| Total transition buffer to consider | $0 | $0 | $0 |
Existing HDB Sale Position
View Sale Proceeds Calculation
| Sale Proceeds Calculation | Amount |
|---|---|
| Assumed HDB selling price | $0 |
| Less outstanding HDB loan | ($0) |
| Less CPF refund — Trislyn | ($0) |
| Less CPF refund — Eric | ($0) |
| Estimated gross cash proceeds | $0 |
| Less selling agent fee | ($0) |
| Less GST on agent fee | ($0) |
| Less estimated legal fee | ($0) |
| Less Seller's Stamp Duty (SSD) | ($0) |
| Estimated net cash proceeds after sale costs | $0 |
| Existing CPF OA before sale | $0 |
| CPF refund from sale returned to OA | $0 |
| Total CPF available after sale | $0 |
| Total CPF + net cash after sale | $0 |
Income, Loan Tenure and LTV Snapshot
Monthly Servicing Capacity
Private Condo TDSR Capacity
Estimated after haircut on variable income and less existing car loans.
EC MSR Capacity
Estimated 30% of assessable income. This is likely the tighter test for EC.
Estimated Loan Based On Stress-Test Rate
Private TDSR-based loan
Before LTV cap and manual approved-loan override.
EC MSR-based loan
Before LTV cap and manual approved-loan override.
Planning Tenure
Income-Weighted Planning Age
LTV check uses the exact calculated age before display rounding.
Auto Recommended Tenure
Auto recommended tenure used.
View Loan Tenure / LTV Logic
| Item | Resale Private | Private New Launch | EC New Launch |
|---|---|---|---|
| Outstanding housing loan assumption | 0 | 0 | 0 |
| Auto normal-LTV tenure | 0 yrs | 0 yrs | 0 yrs |
| Selected tenure used | 0 yrs | 0 yrs | 0 yrs |
| Age at maturity | 0.0 | 0.0 | 0.0 |
| Applicable LTV / minimum cash | 75% / 5% | 75% / 5% | 75% / 5% |
| LTV reason | Within selected tenure and age threshold. | Within selected tenure and age threshold. | Within selected tenure and age threshold. |
| LTV cap | $0 | $0 | $0 |
| Income-supported auto loan | $0 | $0 | $0 |
| Final loan used | $0 | $0 | $0 |
Estimated Monthly Mortgage
| Rate / Loan | Resale Pte | Pte New Launch | EC NPS | EC DPS |
|---|---|---|---|---|
| Est. Loan | $0 | $0 | $0 | $0 |
| 2% | $0 | $0 | $0 | $0 |
| 3% | $0 | $0 | $0 | $0 |
| Stress-Test Rate (4%) | $0 | $0 | $0 | $0 |
Cash, Timeline, Flexibility and Eligibility View
| Decision Factor | Resale Private | Private New Launch | EC New Launch |
|---|