Hi Kelleo,kelleo wrote:Hi, I am planning to sell my HDB flat and do not know exactly the amount of cash to be returned to my CPF account since I have taken a HDB loan(2.6%).
The figures are :
Price of Flat I bought : $492000
Loan Amount from HDB : $311400
After checking my cpf housing statement :
Outstanding loan : $284374
incurred interest : $20960
Valuation of my flat : $560000
Selling price : $600000
If I sell at $600k how much cash I will received end of the day after putting back the interest to my cpf? Thanks.
thanks for your message.
actually you can go to cpf website and print out the "CPF Property Withdrawal statement", it would state EXACTLY how much you need to refund back to your CPF account (together with interest on CPF).
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