Author: Brad Chen
•Sunday, March 15, 2009
Formulae for Calculating Sales Proceeds


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.
|
This entry was posted on Sunday, March 15, 2009 and is filed under . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

0 comments: