Formulae for Calculating Sales Proceeds
whereby:
1)HDB outstanding loan amount can be access from http://www.hdb.gov.sg/ using Singpass
2)CPF1 & CPF2 are the CPF u and spouse had used for existing house, can be access from http://www.cpf.gov.sg/ using Singpass.
Get this 3 figures above, and you roughly know how much you should/want to sell then.
Profit/loss = Selling Price - (HDB outstanding loan amount + CPF 1 + CPF2)
whereby:
1)HDB outstanding loan amount can be access from http://www.hdb.gov.sg/ using Singpass
2)CPF1 & CPF2 are the CPF u and spouse had used for existing house, can be access from http://www.cpf.gov.sg/ using Singpass.
Get this 3 figures above, and you roughly know how much you should/want to sell then.
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