P311S0805: FINANCIAL CALCULATIONS FOR RESALE PRIVATE RESIDENTIAL PROPERTIES
LEARNING OUTCOMES:
- Equip yourself with the ability to do detail and accurate financial calculations for your resale private property customers
- Learn the policies and regulations that may affect financial calculations for buying and selling
- Calculate Sale Proceeds
- Determine Seller’s liability and calculate Seller’s Stamp Dutyy
- Know what is Negative Sale and how it may affect the transaction
- Determine maximum loan quantum, loan tenure and monthly instalment
- Determine Buyer’s liability and calculation Buyer’s Stamp Duty and Additional Buyer Stamp Duty
- Determine loan affordability by knowing TDSR framework
- Analyse customer’s financial position and give them practical advice