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Hi, I bought a condo 3 years ago at 680k and not yet TOP. and loan has only been disbursbed 10% (I paid 40% cash). If I can sell at 800k now, does this mean I get net cash back of about 700k (deducting the 10% loan + other incidental such as 4% SSD, etc)?
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2 Answers

Morning,

As the bank had only dispersed 10% of the mortgage, you will need to deduct that component, the amount of CPF (including interest) which you have utilized, the SSD payment, agent commission and legal fee payable.

Do contact me for further discussion.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More
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