Is the unit a condo? I suggest to go for basic unit at 410k and renovate and pay yourself. At least that way you can choose your own furniture and materials for carpentry work tiles etc and might even spend less than 60k.

It's good if you can borrow less since less money borrowed means less interest paid. If you borrow 60k, the interest is about 60k as well so you are gonna pay 120k to the bank for a additional 60k loan.