How much cash is required to buy a $1M resale condo

If taking a bank loan, the initial payment and mode of payment are as follows:

- If eligible for loan ceiling of 75%, pay the initial payment of:
- 5% in cash: $50,000
- Balance 20% with CPF savings, CPF Housing Grant, cash: $200,000

- If eligible for loan ceiling of 55%, pay the initial payment of:
- 10% in cash: $100,000
- Balance with CPF savings, CPF Housing Grant, cash: $350,000

- If eligible for loan ceiling of 45% or lower for 2nd home loan, pay the initial payment of:
- 25% in cash: $250,000
- Balance with CPF savings, CPF Housing Grant, cash: $300,000