Computing Your Estimated Sale Proceeds
Financial planning is important for you, especially with regard to financing your next home after selling your flat.
Use our Sale Proceeds Calculator to get an estimate of the cash proceeds you might receive and evaluate your financial position. The information will be useful in your financial planning for your next home.
Computation of sale proceeds
The final sale proceeds from selling your flat, is the purchase price of the flat, less the following components:
• Outstanding mortgage loan
• Return of CPF funds used with accrued interest
• Earlier-received deposit (up to $5,000; from option fee and deposit)
• Any other amounts payable, e.g. resale levy, upgrading costs, etc.
You will also need to settle all outstanding payments when you sell your flat. These payments may include: