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ST701 Property Vertical Article > Regulatory
Calculate Estimated Sale Proceeds
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Unless you have paid off your mortgage loan entirely, a part of your sales proceeds would eventually go to amortising your outstanding loan.
In addition, any CPF monies that were used towards the purchase would have to be returned to your CPF Ordinary Account together with the accrued interest. You’ll then have to make do with the remainder for the purchase of a new apartment. |
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It would thus be prudent for you to do your sums properly first before deciding whether or not to sell your property. The HDB InfoWEB has a Sale Proceeds Calculator to help you compute the nett amount after settling all your payments. |
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