Asked by lynn lim
Hi I am looking to upgrade to a bigger condo unit from my current one. I am looking at a profit margin of 150k to 200k if i were to sell my current apartment. I have an existing bank loan of about 320k left and was wondering if I would have to pay back the loan plus interest first before the proceeds are returned to my cpf? If I am eyeing a unit at about 950k, how much bank loan can I take?
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