Find a loan before a home, not other way round

IT IS easier to browse for houses online than it is to think about the debts that you will incur when buying a property.

Yet, unless you have S$2.4 billion in unmarked assets lying around, you will likely need to get a mortgage to pay for your house.

For a decision that can be as emotionally charged as buying a home, potential homebuyers should consider their budgets before house-hunting, said David Baey, chief executive of mortgage broker Mortgage Master.